Aiteo boss Benedict Peters steps up to handle crippling debt

Trading house Aiteo, which had prospered under Goodluck Jonathan's tenure, has recently had to start making hefty repayments to creditors that had helped the firm buy the giant OML 29. Aiteo founder and CEO, Nigerian businessman Benedict Peters, is using [...]

Bouteflika bids for fifth mandate by default

Pro and anti-Chinese factions battle it out at Bank of Uganda

The figures produced by the Ugandan Treasury, which the government jealously guards for itself, have revealed a dizzying increase in the country's foreign debt. [...]

How the state will make do without Ali Bongo

After fainting and being hospitalised on 24 October during a visit to Saudi Arabia, the Gabonese president Ali Bongo is likely to withdraw from state affairs for a number of weeks. Mechanisms to ensure the continuity of government business have [...]

Full-steam on Boffa bauxite, Chalco turns back on Simandou iron ore

Chinese public firm Aluminium Corp of China (Chalco) inaugurated the construction of its Boffa bauxite mine on October 28 with [...]

Young mining countries seek business angels in Tianjin

Nigeria, which would like to build up its mining sector, sent a batch of representatives to the China Mining Conference [...]

Big guns battle it out

Backed by the first lady, the mayor of Djibouti is up against rivals close to the minister of finance, IOG's potential successor. [...]

Salame has Libyan leaders worried

The new road map that Ghassan Salame is due to submit to the United Nations Security Council on November 8 [...]

Banro plays to bend tax to its advantage

Canadian firm Banro Corp, which is struggling to handle security at its Congolese gold mine Namoya (AMI 425), is also [...]

Kinshasa's curious lobbying contracts

With the presidential election looming, the government is turning to US lobbyists for help. [...]

BP sews up financing for Tortue

The Senegalese head of state could announce its FID on Tortue as early as next month when in the United States. [...]

Trinity Energy, the oil operator underwriting the state

The South Sudanese petroleum products firm is becoming indispensable to the government by guaranteeing its loans with crude oil. [...]

Moulay Hafid Elalamy sets up luxury property venture with Jettou

Industry minister and Saham group head Moulay Hafid Elalamy has gone into partnership with Court of Accounts chairman Driss Jettou [...]

ERG wins bout in battle against data thieves

A South African court has validated Kazakh mining group ERG's decision to fire Tebogo Khasake after he was found in unauthorised possession of confidential documents belonging to the firm. [...]

Prime Group set to take over Saf Cacao

A Moroccan businessman has teamed up with a relative of the late Felix Houphouet-Boigny in a bid for the trading company. [...]

Who are part of Aiteo boss Benedict Peters' inner circle?

Founder and chairman of Nigerian trading firm Aiteo, operator of the highly prolific OML 29 in the Niger delta, Benedict [...]

Mohamed Iltaf Sheikh, Lord of gold... and potatoes

The Baron Sheikh of Cornhill, Lord Mohamed Iltaf Sheikh, is one of the board members and shareholders of the new [...]

Paul Lemmon and partners steer SparrowHawk towards battery metals

Already active in gold and copper mining in Africa via CopperZone Resources and SparrowHawk Gold (AMI 417), Canadian multitaskers Paul [...]

Lucie Milebou-Aubusson, the putative president

The name of 61-year-old Lucie Milebou-Aubusson, who has been the president of the Senate since 2015 and is the country's [...]