You should know

Nigeria‘s state-owned oil company has failed to pay the government $16bn (£11bn) in a suspected fraud, according to an official audit. The Nigerian National Petroleum Corporation (NNPC) provided no explanation for the missing funds, the auditor general told MPs. (BBC)

Al Qaeda’s North African branch said its attack on a beach resort in Ivory Coast on Sunday that killed 18 people was revenge for a France’s offensive against Islamist militants in the Sahel region and called for its forces to withdraw. (Reuters)

U.S. President Barack Obama on Monday issued a proclamation revoking the impending suspension of South Africa’s benefits under a U.S.-Africa free trade deal, the White House said. (CNBC Africa)

BizDev

Last November, “60 Minutes” ran a whole segment on M-Pesa, the mobile money service which was started in Kenya nine years ago by Safaricom, the country’s largest mobile phone company. Tom  Jackson (@tomjackson1988) writes about the limitations of mobile money across the continent. (Quartz)

Generation Next

Meet some of the year’s most innovative change makers at Impact Hub Accra (this Friday (3/18 @ 18:30 UTC) for Africa Rizing’s official launch event. Join the conversation on twitter with #Rize2016.

Identity & Culture

Misty Copeland and President Barack Obama —united by their success as Black pioneers in fields and institutions dominated by Whites— sat down for a candid interview with Time. Colorlines made a list of their 5 favorite quotes from that interview.


Sign up for our daily newsletter to enjoy Compass from your inbox.