The Securities and Exchange Commission has issued a warning to investors regarding any supposed public offering by Dangote Petroleum Refinery & Petrochemicals FZE, clarifying that it has not received or approved any application for an initial public offering from the company.

Kenyan officials at the National Social Security Fund and a reportedly non-existent law firm are under investigation over an alleged Sh63 million fraud involving land on Lenana Road. According to Kenya Insights, Parliament has twice failed to deliver a coherent report on the Directorate of Criminal Investigations' file within three weeks, with the latest draft containing inconsistencies about which seller transferred the property, to whom, and when.

A high-powered investigative panel in Gombe State has submitted its final report on the probe into complaints against the suspended Acting Director of Public Prosecutions, Abubakar Jungudo. The panel examined allegations levelled against the suspended official, though details of the complaints and the findings have not been disclosed. The submission of the report marks a key step in the disciplinary process, with the state government expected to review the recommendations and determine the next course of action, according to Punch.

The Shah family has gained control of over half of I&M Group through three investment vehicles, amassing Sh66 billion, despite public discussions focusing on Sh17.35 billion in 'paper wealth'. This development was highlighted during the listing of the bank's Medium Term Note, where Capital Markets Authority Director Daniel Warutere and Nairobi Securities Exchange CEO Frank Mwiti were present alongside I&M Group Executive Director Sarit Shah.

Executives at the National Electronic Media Institute of South Africa (Nemisa) have resigned following a forensic investigation that uncovered prima facie evidence of financial misconduct related to a R50 million digital training programme. The Communications Minister has initiated a crackdown in response to the findings of the probe, which has raised concerns about the management of funds within the organization.

Uganda's parliamentary committee COSASE, which oversees government agencies, has questioned Civil Aviation Authority officials over how 82 staff members were employed despite allegedly entering with forged academic documents. According to NTV Uganda, CAA officials said they are actively working to streamline operations and identify such irregularities. The committee demanded explanations on the recruitment process as part of its probe into the aviation body's operations.