previous Archive n° 1208  - 02/17/2007 next  
Francis Soler
AFRICA Editor in Chief
The venture capital pioneers
Tempted by the profits made in certain highly lucrative operations, such as the sale of the African mobile telephone company Celtel for $3.4 billion, venture capital companies are beginning to adventure into the continent of Africa. This finance mechanism whereby capital is injected in exchange for a stake in the receiving company does however carry substantial risks in Africa. (...)   [692 words]   [$11,2]
UGANDA
Museveni gives way
  President Museveni has accepted the conditions posed by Stephen Isitu to take up the head of the National Forestry Authority to stay in the good books of the donors. (...)
POLITICS & POWER
SEYCHELLES
A new opposition paper
   The first issue of a new publication linked to the Seychelles National Party (SNP, opposition) should appear this week to take over from the weekly Regar, which ceased publication following a libel case demanding 350,000 rupees (over 44,000 euros) in damages.  (...)  [186 words]   [$7]

BEHIND CLOSED DOORS
Mogadishu    The Parliament of Somalia should soon debate a bill on oil. (...)  [50 words]   [$2,1]
Antananarivo    In spite of his occasionally burdensome pedigree, a 40 year old Madagascan officer is in the good books of his hierarchical superiors. (...)  [131 words]   [$2,1]
Paris    The Sudanese born businessman Mohamed Ibrahim, the founder of Celtel, was one of the stars of the Africa-France summit this week. (...)  [113 words]   [$2,1]
Addis Ababa    More Ethiopian diplomats have defected, bringing the total that has decided to leave the diplomatic service to seventy three. (...)  [89 words]   [$2,1]
MAURITIUS
Xavier Luc Duval v Dan Maraye
   The minister for tourism would seem to be waiting for the CEO of Airports of Mauritius to make a faux pas so he can sanction him.  (...)  [335 words]   [$7]
COMOROS ISLANDS
Sambi sets about his entourage
   The President of the Union may reshuffle his government or his private office when he returns from the Africa-France summit in Cannes this week.  (...)  [156 words]   [$7]
ERITREA
Asmara’s Ethiopian allies in trouble
   The attempts by the Eritrean authorities to manipulate certain Ethiopian opposition groups to their advantage have only worsened internal splits inside these groups.  (...)  [253 words]   [$7]

ON THE LINE
MADAGASCAR
The new Malagasy minister of energy feels cramped
    Hardly had he been appointed to his new post (ION 1207) that Patrick Ramiaramanana began to feel cramped in the premises of the national geology museum, now attributed to his ministry of energy. (...)  [165 words]   [$2,1]
ZIMBABWE
Russian experts give advice to Gideon Gono in Zimbabwe
    Tyazhpromexport, a company depending on the Russian ministry of economic development and trade, sent a team of experts to Harare in December 2006 to advise the governor of the Reserve Bank of Zimbabwe (RBZ), Gideon Gono. (...)  [159 words]   [$2,1]
MADAGASCAR
Three who did not make it into the new Malagasy cabinet
    Ralaindimby Tsilavina would have liked to have been the new Malagasy minister of tourism or of culture. (...)  [196 words]   [$2,1]
DJIBOUTI
A Djibouti minister of sports bears grudges
    Hassan Farah Miguil was not content with creating the Comité National Olympique et Sportif Djiboutien (CNOSD) to cock a snoot at the committee which in Djibouti had the approval of the International Olympic Committee (IOC - ION 1206). (...)  [84 words]   [$2,1]
COMOROS ISLANDS
A new president for the University of the Comoros
    Since the end of January Mohamed Rachadi has been the president of the University of the Comoros. (...)  [119 words]   [$2,1]
UGANDA
Museveni gives way
   President Museveni has accepted the conditions posed by Stephen Isitu to take up the head of the National Forestry Authority to stay in the good books of the donors.  (...)  [264 words]   FREE
UGANDA
Servicemen in key posts
   The Ugandan government is not a military junta. However, half a dozen generals and officers who are close allies of the Head of State are in key positions.  (...)  [332 words]   [$7]
KENYA
Top officials: the return
   Several former top civil servants want to embark on a political career after retiring and are looking for investitures for the forthcoming parliamentary elections.  (...)  [339 words]   [$7]
BUSINESS CIRCLES
KENYA
Who will head the KCB after Davidson?
   The Kenya Commercial Bank (KCB) has hired the local recruitment company Manpower Services Ltd to help it find a replacement for its CEO, Terry Davidson, who is to retire in June.  (...)  [263 words]   [$7]

COMPANIES
KENYA
Celtel
 [109 words]   [$2,1]
REUNION ISLAND
Cegelec
 [77 words]   [$2,1]
MOZAMBIQUE
Afriminas
 [69 words]   [$2,1]
MADAGASCAR
Focus Mobilier
 [168 words]   [$2,1]
SUDAN
Total
 [85 words]   [$2,1]
MADAGASCAR
Young & Rubicam
 [166 words]   [$2,1]
MADAGASCAR
Blue Reef Investment
 [195 words]   [$2,1]
TANZANIA
Gapco
 [124 words]   [$2,1]
TANZANIA
Key Petroleum
 [153 words]   [$2,1]
KENYA
The IFC to fund an Islamic bank
   The first Islamic bank in Kenya is to be launched with the help of a loan from a subsidiary of the World Bank in charge of investing in the private sector.  (...)  [224 words]   FREE
MAURITIUS
Powerhouse of two on the offensive
   The two man team consisting of Dominique Galéa and Cyril Mayer has gone after the Harel Mallac group, like the operation last year to take control of United Docks Ltd.  (...)  [288 words]   [$7]
ZIMBABWE
Still no Iranian oil refinery
   The deal struck last year with the Iranian authorities to restore the Feruka Oil Refinery in Mutare has still not come into effect.  (...)  [178 words]   [$7]
SOMALIA
A first international contract
   A contract signed over a year ago to supply computerised passports and identity cards is about to go into its operational phase.  (...)  [254 words]   [$7]
COMOROS ISLANDS
Anjouan offshore banking dispute trial
   A ruling in a British court enabled Anjouan Corporate Services Ltd to be the only firm to sell licences to register in the Anjouan financial offshore sector.  (...)  [309 words]   [$7]
SEYCHELLES
A hospital with good contacts
   The wife of former President Albert René and a businessman of Indian extraction have embarked on a project to build an ultra-modern private hospital.  (...)  [154 words]   [$7]
ETHIOPIA
The coffee lobbyists
   Two Washington firms are supporting the government of Addis Ababa in its fights against Starbucks to have Ethiopian coffee recognised internationally.  (...)  [156 words]   [$7]

WHO'S WHO
ETHIOPIA
Aselefech Mulugeta
   After for a long time preferring an external candidate, the board of the Bank of Abyssinia finally selected an internal promotion to replace its chairman, Kebede Temesgen.  (...)  [127 words]   [$7]
UNITED STATES/MADAGASCAR
Emma Rasolovoahangy
   A Madagascan who settled in Houston, Texas, almost ten years ago, Emma Rasolovoahangy carved out her niche in the oil domain when her company Petromad won a licence to search for oil  (...)  [205 words]   [$7]
KENYA
Yusuf Nzibo
   The brand new CEO of the first Islamic bank in Kenya, the Gulf African Bank (GAB), is a Muslim former diplomat, born in Mombasa, speaking fluent Swahili, Spanish and English.  (...)  [184 words]   [$7]
NETHERLANDS/AFRICA
Bob van der Bijl
   The new director general of the Netherlands African Business Council (NABC) couples competency in financial matters and experience in the field.  (...)  [151 words]   [$7]
COMOROS ISLANDS
Chamsoudine Ahmed
   The new chairman of the Organisation Patronale des Comores (Opaco) is the 44 year old owner of the Moroni bakers and patisserie Nasib as well as of the family printing company Impredoc  (...)  [161 words]   [$7]
MADAGASCAR
Xavier Gonon
   A 44 year old Frenchman, who has lived in Madagascar for several years, is the manager of the new firm Harel Mallac Mada Group, a subsidiary of the Mauritius group Harel Mallac International  (...)  [80 words]   [FREE]

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