Africa

Featured Africa

Biden Signs Executive Order Authorizing Ethiopia Sanctions

U.S. President Joe Biden signed an executive order authorizing sanctions against those prolonging conflict in northern Ethiopia, adding pressure on parties to end the civil war. The Department of Treasury can now go after several targets, including those in the Ethiopian and Eritrean governments as well as in the Tigray… Read More

South Africa’s top court rejects’ ex-leader Zuma’s bid to overturn jail sentence

South Africa’s top court ruled on Friday that former president Jacob Zuma had failed in his bid to have his 15-month jail sentence for failing to attend a corruption inquiry overturned. The sentence was handed down after Zuma failed to testify at an inquiry probing corruption during his 9-year rule,… Read More

Corrupt Oil Trader Turns On Colleagues in Massive Africa Bribe Case

When Anthony Stimler left Glencore Plc in August 2019, he had two big secrets: For a dozen years, he’d paid millions in bribes to African officials and intermediaries. And he was now helping a U.S. Justice Department investigation into the company and numerous former colleagues. Corruption isn’t exactly unheard… Read More
14th September 2021
Documents show British American Tobacco (BAT) was involved in negotiations to pay between $300,000 and $500,000 to Mugabe’s Zanu-PF party in 2013. The documents also reveal BAT was paying bribes in South Africa and using illegal surveillance to damage rivals. BAT says it is committed to the highest standards of… Read More
14th September 2021
By Henry Pope, OCCRP, 13 September 2021 OCCRP — A Nigerian national living in Oklahoma was sentenced on Friday for operating a money laundering network that defrauded its victims, including several elderly Americans, of at least US$2.5 million. Afeez Adebara, 36, orchestrated a Nigerian-based romance scam… Read More
13th September 2021
Guinea’s military junta, which seized power over the weekend, said on Thursday that it has ordered the central bank and other banks to freeze all government accounts. On Sunday a group of special forces soldiers said they ousted President Alpha Conde over concerns about poverty and endemic corruption. The banking… Read More
9th September 2021
A former Ericsson AB employee was charged in the U.S. of taking part in a conspiracy to bribe foreign officials in order to win a contract from Djibouti’s state-owned phone company. Prosecutors in New York charged Afework Bereket with conspiring to violate the Foreign Corrupt Practices Act… Read More
9th September 2021
By David Klein, OCCRP, 9 September 2021 OCCRP — Wildlife crime, from poaching to trafficking, remains a booming industry in East Africa. According to a recent report, it is a far more organized crime than previously imagined, and arrests need to be accompanied by… Read More
8th September 2021
Zachary Horwitz, an actor in low-budget horror and science-fiction movies, has agreed to plead guilty to running a massive Hollywood Ponzi scheme. Horwitz, 34, admitted in court papers that he duped investors into giving him more than $650 million for fictitious movie deals with HBO and Netflix. While Horwitz repaid… Read More
8th September 2021
The Pretoria High Court this week issued a provisional restraint order to the tune of R1.4 billion against corruption-accused former senior Eskom official France Hlakudi, businessman Hudson Kgomoeswana as well as former major Eskom contractor Tubular Construction Projects, its CEO, Tony Trindade, and his wife – freezing their assets and… Read More
8th September 2021
Flight VY7574 from Barcelona to Banjul has two separate lines of passengers. One line is for boarding the plane, and the other one is for declaring items to customs officers. Hours before the flight, dozens of people are waiting patiently in line to declare the money they are taking to… Read More
6th September 2021
German authorities have imposed a $178,000 fine on state-owned KfW-Ipex-Bank for facilitating loans to an Angolan brewery linked to Isabel dos Santos, the eldest daughter of the country’s former president. Frankfurt prosecutors said that the subsidiary of Kreditanstalt für Wiederaufbau (KfW) violated German anti-money laundering laws, Süddeutsche Zeitung reported. Read More
6th September 2021
Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this allows transactions to be settled more cheaply and easily, the banks said on Thursday. Many governments and central banks around the world are… Read More