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Nigeria’s finance ministry gets $5.6m W’Bank loan for stationery, solar inverter

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The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from the World Bank to procure 21 items, which included office stationeries, furniture, solar inverter, office equipment, and vehicles.

The approvals were made under the State Fiscal Transparency, Accountability and Sustainability project, which was initiated in 2018.

The SFTAS project was designed to strengthen transparency and accountability at the sub-national level and ended in 2022.

However, the implementation of the projects is still ongoing according to a document obtained from the bank.

A total of $1.5bn was committed to the project in two batches of $750m (December 2018 and December 2020) by the World Bank.

Although the money is a grant to state governments, it is a loan to the Federal Government. A copy of the procurement plan for the project covering a period from February 2019 to August 2020.

The procurement plan is in line with the World Bank’s Procurement Guidelines which establish the arrangements to be made for procuring the goods and works (including related services) required for a project.

According to the procurement plan for the SFTAS project for the period disclosed by the World Bank, the Home Finance Department received $25,713 to acquire office stationery and supplies.

It also got another $39,357, up from the N33,000 initially requested for additional office equipment and supplies for the SFTAS Programme Coordinating Unit.

For the furniture items, the department got $64,190 for furnishing and equipping SFTAS Public Service Institute space; $14,842 for additional office furniture and partitioning of the STFAS office, as well as $19,368 up from $17,250 for additional office equipment and furniture for the Debt Management Office.

The department also received $24,038 for the procurement of video conferencing equipment for the SFTAS PCU and MiFi modems for the DMO.

However, the biggest approval was for the provision of spatial data to states, which was implemented at the cost of $4.78m.

There was also $409,638 received for the procurement of project vehicles for the PCU and independent verification agent. The ministry also spent the procurement of an Inverter Power Backup System for the SFTAS Programme Coordinating Unit.

Out of the 21 items proposed, two were cancelled, four were successfully completed, and another was under implementation. Also, three were pending implementation, and 11 projects were only signed as of the time the document was released in December 2023.

The World Bank recently disclosed that Nigeria was the top recipient of its fresh loans in 2022, with about $2.9 billion released to the country.

Another report also stated that Nigeria is currently servicing about $14.12bn from 108 approved loans. In the report, it was observed that the oldest loan being serviced was approved as far back as 1989 under Gen. Ibrahim Babangida, while the most recent loan being serviced was approved in 2018 under the former administration of Muhammadu Buhari.

The oldest loan is the $100.9m Multistate Agricultural Development Project (03), which was approved to support the implementation of the state-wide Agricultural Development Projects, with the objective of increasing food/crop production and the income of small farmers.

The SFTAS‘ Communications Specialist, Ibrahim Mohammed, in an earlier interview with The PUNCH, said that it was a regular procedure to purchase items needed for a project.

He noted that the items were acquired at the start of the project and were used to ensure the successful implementation of the project.

He said, “When a programme starts, there is procurement of the basic items needed for the jobs. So, procurement was made in terms of providing furniture for the office, ICT infrastructure, and the rest. They are all for the use of the office, not the ministry or department.

“The office is situated in the Home Finance Department of the Ministry of Finance. We have implementing agencies and partners like the DMO, AGF, OGP, and the Office of the Auditor General of the Federation. All the salaries for consultants are drawn from that fund, and the consultants offer technical assistance to the states.”

 

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diplomacy

Equatorial Guinea 2035: A Bold Vision for Sustainable, Inclusive, and Globally Integrated Growth

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Straddling the strategic heart of the Gulf of Guinea, Equatorial Guinea is leveraging its institutional stability, rich natural endowments, and prime geographic location to chart a decisive path toward becoming an emerging, diversified, and resilient economy by 2035. This ambition, formalized in the National Sustainable Development Strategy “Agenda Guinea Ecuatorial 2035” (adopted in 2021 following the Third National Economic Conference), aligns closely with the African Union’s Agenda 2063 and the UN’s Sustainable Development Goals. It marks a deliberate shift from hydrocarbon dependence toward a balanced model of growth that prioritizes people, productivity, and planetary health.

The strategy rests on four interconnected pillars that mirror the user’s outline, providing a coherent roadmap for transformation in a region—and a global context—marked by energy transitions and economic volatility.

Eradicating Poverty, Social Inclusion, and Lasting Peace

Equatorial Guinea has anchored its development in social cohesion and stability as non-negotiable foundations. With poverty rates hovering around 50-57% amid recent economic pressures, the Agenda 2035 prioritizes massive investments in education, vocational training, healthcare access, and targeted inclusion policies for youth and women. These efforts aim to address multidimensional poverty, including nutrition, water, and basic services, while fostering a peaceful environment that attracts long-term investment.

In a volatile Gulf of Guinea region, the country’s relative institutional continuity offers a comparative edge, enabling a focus on shared prosperity rather than conflict. Progress here is essential: recent World Bank assessments highlight that sustained gains in human capital and social protection will be critical to reversing poverty trends exacerbated by food inflation and hydrocarbon decline.

Boosting Productivity, Economic Diversification, and Industrialization

Oil and gas have long dominated (still accounting for a large share of GDP, exports, and revenues), but maturing fields and declining production—evident in recent contractions—underscore the urgency of transformation. The Agenda 2035 drives a strategic pivot through:

– Development of industrial zones and local processing
– Modernization of ports and logistics
– Sustainable agriculture and agro-industry expansion (including revival of cocoa, coffee, and value chains like coconuts)
– Support for innovation, entrepreneurship, and emerging sectors such as the green, blue, digital, and “yellow” (likely agro/mining-related) economies

The goal is clear: generate quality jobs, add value domestically, and position the country as a competitive hub in Central Africa. Reforms to improve the business environment, financial inclusion, and infrastructure are underway, complemented by efforts toward WTO accession and private-sector-led growth. Non-hydrocarbon sectors are already showing resilience, though challenges like governance gaps and infrastructure deficits remain.

Environmental Sustainability and Territorial Development

With exceptional biodiversity—from tropical forests to marine ecosystems—Equatorial Guinea is embedding sustainability at the core of its vision. Priorities include preserving forests (via REDD + initiatives), advancing renewable energy, promoting balanced urban planning, and developing responsible ecotourism. Sites on Bioko Island and mainland national parks hold untapped potential as authentic, high-value destinations.

This pillar directly tackles climate risks and the post-oil transition, with strategies for low-carbon development and ecosystem services (e.g., wood processing linked to ecotourism and agriculture). An integrated approach—combining land-use planning, clean energy, and sustainable farming—could simultaneously protect natural capital and drive inclusive growth.
A Strategic Magnet for Investors and Tourism

Equatorial Guinea presents itself as an investor-friendly destination through political stability, ongoing economic reforms, modernizing infrastructure, and privileged access to Central African markets. Parallel efforts are elevating tourism with a premium offering: pristine nature, African hospitality, and upgraded facilities. Recent initiatives target barriers to entry and promote ecotourism as a diversification lever, while partnerships in fisheries, agro-processing, and digital sectors broaden appeal.

Outlook: A Model for Balanced African Development

By 2035, Equatorial Guinea aims not merely to adapt but to exemplify a new African development paradigm—one that harmonizes economic expansion, social equity, and environmental stewardship. This vision resonates with broader continental initiatives that seek to accelerate growth, deepen regional integration, and elevate Africa as a hub of innovation and opportunity.

Implementation will test resolve amid real headwinds: declining hydrocarbon revenues, the need for stronger governance and human capital investment, and global uncertainties. Yet the foundations—strategic location, resource base, and explicit policy alignment with global agendas—position the country to attract structuring partnerships and revalue its potential on the world stage.

Equatorial Guinea is more than a destination; it is a compelling opportunity for investors, partners, and visionaries committed to sustainable African success. With disciplined execution, the 2035 horizon could mark the emergence of a diversified, inclusive economy that delivers prosperity for its people while contributing meaningfully to the continent’s rise.

This narrative, rooted in the official Agenda 2035 framework, offers a forward-looking yet grounded perspective suitable for international news or investment publications—highlighting ambition without overlooking the structural shifts required for realization.

By Uche EJIMS
Making Africa Great Ahead
MAGAH

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African Diaspora Makes Historic Breakthrough in French Local Politics

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The municipal elections held in France on March 15, 2026—with runoffs in some communes on March 22—marked a historic milestone in the nation’s local governance. For the first time on such a scale, ten mayors of sub-Saharan African descent were elected across France, signaling the growing influence and representation of the African diaspora in French politics.

Spanning rural towns, mid-sized communes, and major suburban cities, these victories reflect both political diversity and the resilience of candidates from immigrant backgrounds. Affiliations range from independents to left-wing parties, notably La France Insoumise (LFI), with strong local coalitions. Notably, three of the elected mayors are women, underscoring the intersection of gender diversity with this historic breakthrough.

Trailblazing Elected Mayors
Leslie Halleur-Echaroux Djoufack (Cameroonian origin) — Mayor of Saint-Mammès (Seine-et-Marne, ~3,200 residents). Elected in the first round with ~50.5%, she becomes the first woman mayor of the commune since 1789. A public finance official, she represents a new era of leadership in local rural governance.
Bally Bagayoko (Malian origin) — Mayor of Saint-Denis (Seine-Saint-Denis, >100,000 residents). Securing ~50.77% in the first round, his victory consolidates LFI’s influence in a historic working-class, immigrant-heavy city. Bagayoko faced post-election racist attacks and disinformation campaigns, highlighting both the challenges and symbolic importance of his achievement.
Yahaya Soukouna — Mayor of Fleury-Mérogis (Essonne).
Marième Tamata-Varin-Watt — Mayor of Yèbles (Seine-et-Marne), one of the women breaking barriers.
Mohamed Gnabaly — Mayor of L’Île-Saint-Denis.
Kwami Agbegna (Togolese
Here’s a polished, publication-ready rewrite that is both powerful and journalistic, highlighting the historic significance and providing a compelling narrative:

African Diaspora Makes Historic Breakthrough in French Local Politics

The municipal elections held in France on March 15, 2026—with runoffs in some communes on March 22—marked a historic milestone in the nation’s local governance. For the first time on such a scale, ten mayors of sub-Saharan African descent were elected across France, signaling the growing influence and representation of the African diaspora in French politics.

Spanning rural towns, mid-sized communes, and major suburban cities, these victories reflect both political diversity and the resilience of candidates from immigrant backgrounds. Affiliations range from independents to left-wing parties, notably La France Insoumise (LFI), with strong local coalitions. Notably, three of the elected mayors are women, underscoring the intersection of gender diversity with this historic breakthrough.

Trailblazing Elected Mayors

Leslie Halleur-Echaroux Djoufack (Cameroonian origin) — Mayor of Saint-Mammès (Seine-et-Marne, ~3,200 residents). Elected in the first round with ~50.5%, she becomes the first woman mayor of the commune since 1789. A public finance official, she represents a new era of leadership in local rural governance.

Bally Bagayoko (Malian origin) — Mayor of Saint-Denis (Seine-Saint-Denis, >100,000 residents). Securing ~50.77% in the first round, his victory consolidates LFI’s influence in a historic working-class, immigrant-heavy city. Bagayoko faced post-election racist attacks and disinformation campaigns, highlighting both the challenges and symbolic importance of his achievement.

Yahaya Soukouna — Mayor of Fleury-Mérogis (Essonne).

Marième Tamata-Varin-Watt — Mayor of Yèbles (Seine-et-Marne), one of the women breaking barriers.

Mohamed Gnabaly — Mayor of L’Île-Saint-Denis.

Kwami Agbegna (Togolese origin) — Mayor of Provin (Nord).

Aly Diouara — Mayor of La Courneuve (Seine-Saint-Denis).

Mélissa Youssouf — Mayor of Villepinte, another pioneering woman.

Adama Gaye — Mayor of Mantes-la-Jolie (Yvelines).

Bassi Konaté — Mayor of Sarcelles (Val-d’Oise).

The elected leaders come from Cameroonian, Malian, Mauritanian, Senegalese, Togolese, Gambian, Comorian, and mixed Mauritanian-Senegalese backgrounds, many rising from community, sporting, and associative leadership roles without traditional party machinery. Their success underscores the power of local engagement, vision, and grassroots mobilization.

Significance and Impact

This wave of African diaspora mayors represents a transformative moment in French politics. It demonstrates the growing integration of immigrant communities into the political mainstream and challenges traditional narratives surrounding identity, governance, and representation. African media have celebrated the elections as a source of pride, while in France, the results spark broader debates on diversity, inclusivity, and the evolution of “la nouvelle France.”

The results also reflect wider electoral trends: higher turnout than in 2020 (~48–57% nationally), fragmented political landscapes, and the decisive role of local alliances. For many observers, the March 15, 2026, elections mark a hopeful step toward inclusive and representative local leadership, affirming that France’s municipal governance is increasingly reflective of its rich, multicultural population.

If you want, I can also condense this into a punchy press release version suitable for immediate publication with headlines, pull quotes, and social media-ready snippets while keeping the historic emphasis strong.

Do you want me to do that next?
— Mayor of Provin (Nord).
Aly Diouara — Mayor of La Courneuve (Seine-Saint-Denis).
Mélissa Youssouf — Mayor of Villepinte, another pioneering woman.
Adama Gaye — Mayor of Mantes-la-Jolie (Yvelines).
Bassi Konaté — Mayor of Sarcelles (Val-d’Oise).
The elected leaders come from Cameroonian, Malian, Mauritanian, Senegalese, Togolese, Gambian, Comorian, and mixed Mauritanian-Senegalese backgrounds, many rising from community, sporting, and associative leadership roles without traditional party machinery. Their success underscores the power of local engagement, vision, and grassroots mobilization.

Significance and Impact
This wave of African diaspora mayors represents a transformative moment in French politics. It demonstrates the growing integration of immigrant communities into the political mainstream and challenges traditional narratives surrounding identity, governance, and representation. African media has celebrated the elections as a source of pride, while in France, the results spark broader debates on diversity, inclusivity, and the evolution of “la nouvelle France.”

The results also reflect wider electoral trends: higher turnout than in 2020 (~48–57% nationally), fragmented political landscapes, and the decisive role of local alliances. For many observers, the March 15, 2026 elections mark a hopeful step toward inclusive and representative local leadership, affirming that France’s municipal governance is increasingly reflective of its rich, multicultural population.

 

By Uche EJIMS – Paris

NAIJA DIASPORA MAGAZINE

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Features

Pr. Monzango Sibo Guy Lambert

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Doctor. Innovator. Medical Entrepreneur. Humanitarian.

In a region where advanced medical innovation is still emerging, Dr. Monzango Sibo Guy Lambert is quietly redefining the future of modern healthcare in the Democratic Republic of Congo.

A Professor of Obstetrics and Gynecology at the University of Kinshasa, a specialist in Minimally Invasive Gynecologic Surgery (MIGS), and an expert in molecular embryology, he represents a rare profile in Africa’s medical landscape — a physician who bridges academia, surgical excellence, research innovation, and entrepreneurial leadership.

But it is his bold institutional vision that sets him apart.

In 2018, what began as a modest private medical practice evolved into Onyx Medical Center — now one of the most advanced medical facilities in the country. Today, the center operates across two modern buildings, employs nearly 70 healthcare professionals, and stands as a symbol of locally driven medical excellence.

Onyx Medical Center is recognized as:

One of the best-equipped hospitals in the Democratic Republic of Congo

The only institution specializing in advanced gynecologic endoscopic surgery in the country

A training hub for physicians

A laboratory for the development and manufacturing of endoscopic medical equipment

Dr. Monzango’s philosophy is simple yet transformative:
Africa must not only consume medical innovation — it must produce it.

That philosophy earned international recognition in 2025 in Casablanca, where he received an innovation award for designing a uterine manipulator engineered to enhance gynecologic surgical precision — a device developed to meet the realities of African surgical environments.

Yet beyond the operating room and research laboratory lies a deeper mission.

Through the Monzango Foundation, he organizes free gynecologic surgical campaigns for underprivileged women — restoring not only health, but dignity. For many beneficiaries, these interventions represent their first and only access to specialized care.

At the intersection of medicine, innovation, enterprise, and humanitarian service, Dr. Monzango is building more than a hospital.

He is building a blueprint.

A blueprint for African medical sovereignty.
A blueprint for sustainable healthcare entrepreneurship.
A blueprint for the next generation of African innovators.

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