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ALGERIA 02/04/2020

Sonatrach begins clear-out among security contractors

Two months after taking over as head of Sonatrach new chairman and chief executive Toufik Hakkar has started a major review of the contracts awarded to sub-contractors by his predecessor Kamel-Eddine Chikhi. [...]

CAMEROON 01/04/2020

Fotso family reenacts Game of Thrones

The death on 20 March at the American Hospital of Paris of the Bamileke oligarch Victor Fotso has precipitated a three-act inheritance war being played out between Paris, Washington and Bandjoun under the watchful gaze of President Paul Biya, who was very close to the deceased. [...]

AFRICA Courts and cash 31/03/2020

Kosmos and Tullow hardest hit by coronavirus

Oil and gas firms are watching in dismay as oil prices drop because of the global coronavirus pandemic (Covid-19). [...]

AFRICA CHINA 01/04/2020

Alibaba: the ringmaster of African finance

Applications for the Chinese behemoth's training programme for African entrepreneurs have just closed. [...]

Focus AFRICA 23/03/2020

Ex-Lazard banker Matthieu Pigasse reinvents himself in Africa

DJIBOUTI 27/03/2020

Nchi Private and Investment Bank - the Russian connection

According to information obtained by the Indian Ocean Newsletter, western intelligence services have been taking an interest for some time in Nchi Private and Investment Bank (NPIB), which was set up in Djibouti in 2016. This very discreet bank was [...]

DRC 30/03/2020

After ACS pulls out, China Three Gorges Corp says it can lead Inga III project alone

AFRICA UNITED STATES 27/03/2020

CACI International is Africom's new mega-contractor

In awarding a huge service contract to CACI International, the United States Africa Command (Africom) has further accented its reliance on private sector contractors just as Washington is looking to disengage its troops from African theatres of operation. [...]

SUDAN 27/03/2020

Military takes charge of GERD dossier

To respond to Sudan aligning itself with Ethiopia's position on the Grand Ethiopian Renaissance Dam (GERD), Khartoum having opposed the 4 March resolution sponsored by Cairo at the Arab League, companies owned by Egypt's general intelligence services and its Military Intelligence Service [...]

Corridors of power

All articles Corridors of power

ALGERIA 02/04/2020

Ourradi and Hanifi take their leave

An era has ended at the Ministry of Energy following the retirements on March 10 of inspector general Youcef Ourradi [...]

DRC 01/04/2020

Who is engineering the rapprochement between Felix Tshisekedi and Paul Kagame?

In a break with the policy of his predecessor Joseph Kabila, Félix Tshisekedi is making unprecedented overtures to his Rwandan counterpart Paul Kagame with the diplomatic help of a select group of loyal allies. [...]

MOZAMBIQUE 31/03/2020

Total and ExxonMobil sound warning bell over security time bomb

The American supermajor is coming up with reasons to delay its final investment decision while Total plays for time. [...]

News In Brief

TUNISIA 02/04/2020

Mounir Ksiksi has a business brain under his ex-officer's hat

BENIN 01/04/2020

Cotonou set to close around a dozen embassies

KENYA 27/03/2020

British army withdraws on health grounds

EAST AFRICA 27/03/2020

New Delhi promotes its healthcare

Indian embassies are pushing for medical cooperation in the region, despite Narendra Modi's struggles with the coronavirus. [...]

NAMIBIA 24/03/2020

China National Uranium Corp contests local content at Rössing

While it finalised the purchase of a 68.82% stake in the Namibian uranium mine Rössing from Australian mining colossus Rio [...]

All articles Corridors of power

Business circles

All articles Business circles

MOROCCO 02/04/2020

The ANP quietly restarts work on Lamhiriz's fishing port

On March 28, the National Ports Agency (ANP) published a series of four tender calls for the completion of work [...]

ALGERIA 02/04/2020

The national milk office has not lost its appetite for powdered milk

New trade minister Kamel Rezig could soon regret having committed himself in early March to the oft-repeated promises to end [...]

GABON 01/04/2020

Olam pushes ahead with its withdrawal

Having set up in very short order the holding company Arise P&L, which has taken over its investments in the ports of Gabon, Olam is poised to do likewise in the transport sector. [...]

News In Brief

IVORY COAST 01/04/2020

Cocoa giants forced to allow locals to purchase beans

MAURITANIA 31/03/2020

Tullow Oil waves goodbye after nearly two decades of operations

MOZAMBIQUE 27/03/2020

Taipei's Ann Huang expands her Maputo empire

ANGOLA 01/04/2020

Gemcorp sponsors Africell in Luanda

Partly financed by Gemcorp, the Lourenço government's go-to investment management firm, Africell is vying for Luanda's third mobile phone licence. [...]

CONGO 31/03/2020

Marine XXI, XXII: who would have been Kosmos' mystery partner?

As we reveal above, it is understood that Kosmos Energy has pulled out of the negotiations for the two offshore [...]

ALGERIA 31/03/2020

Majors employ tactics to not invest alongside Sonatrach

Faced with the morose business climate, oil firms are using new strategies to not have to fork out cash. [...]

MAURITIUS 27/03/2020

HM Rawat Group sets out to conquer DRC

The HM Rawat Mauritian business empire is banking on its SEZ experience to persuade the DRC authorities of its telecoms credentials. [...]

AFRICA DRC GUINEA 24/03/2020

Alliance of mining expert and lobbyists creates stronghold on continent

American concern Providence Mining has plans to expand its African foothold and has a pool of mining sector veterans within its top management to lead the way. These include lobbyists for the ex-governor of the mineral-rich Katanga province Moïse Katumbi [...]

All articles Business circles

Power brokers

All articles Power brokers

ANGOLA 01/04/2020

Lourenço caught in crossfire between Generals Kianda and Disciplina

The most recent defence committee meeting, which was chaired by President João Lourenço on 25 March, was marked once again [...]

News In Brief

TUNISIA 02/04/2020

Moez Ben Zid returns to investment banking with CAP

LIBYA 02/04/2020

Ali Mahmoud Hassan under pressure as mandate end approaches

MOROCCO 02/04/2020

Ex-Managem mining expert Ali Saquaque sets up in Conakry

NIGERIA 31/03/2020

Covid-19 scuppers Indimi's imminent Okwok deal for Oriental

For a long time, Oriental Energy Resources (OER), founder and chairman Muhammadu Indimi kept a tight lid on his negotiations [...]

KENYA 27/03/2020

Narendra Raval seeks to cement status as market leader

The king of Kenyan cement and boss of Devki Group, Narendra Raval, is aiming to become the sole supplier of [...]

All articles Power brokers

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TUNISIA Business circles 02/04/2020

Indra and Intrasoft fight for US-funded customs IT contract Free

Spain's Indra Sistemas and its Luxembourg rival Intrasoft have prequalified for a contract to assist the Tunisian Customs Department (DGD) [...]

MOROCCO Business circles 02/04/2020

Mercure Industrie moves into the medical equipment business

It is what is called having a good nose for [...]

TUNISIA Business circles Infrastructure & Power 02/04/2020

The UNDP and ANME want to review the renewable energy code

The United Nations Development Programme (UNDP) wants a new renewable [...]

LIBYA Power brokers 02/04/2020

Rear Admiral Agostini will need an understanding with Greece on Eunavfor

After an intense battle of influence in Brussels, Italy has [...]

LIBYA Power brokers 02/04/2020

Haftar and Erdogan fail to break the ice

According to our sources, Khalifa Haftar's Libyan National Army (LNA) [...]

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Consultants and lawyers already winning in Aziz vs Bouamatou war

Exclusive: The financial acrobatics of a government walking a tightrope

A new generation of Karana businessmen are taking over the reins

President Filipe Nyusi’s northern allies on the look-out for good deals

Sonatrach begins clear-out among security contractors

Fotso family reenacts Game of Thrones

Kosmos and Tullow hardest hit by coronavirus

Alibaba: the ringmaster of African finance

Ex-Lazard banker Matthieu Pigasse reinvents himself in Africa

Nchi Private and Investment Bank - the Russian connection

After ACS pulls out, China Three Gorges Corp says it can lead Inga III project alone

CACI International is Africom's new mega-contractor

Military takes charge of GERD dossier

Focus pieces

Moscow muscles in as protector of oil firms in Cabo Delgado

Naval Group and Piriou want to set up a shipyard to serve the Moroccan navy

The big clearance sale of "France-Africa" Gatsby Vincent Miclet

Corridors of power

Ourradi and Hanifi take their leave

Who is engineering the rapprochement between Felix Tshisekedi and Paul Kagame?

Total and ExxonMobil sound warning bell over security time bomb

Mounir Ksiksi has a business brain under his ex-officer's hat

Cotonou set to close around a dozen embassies

British army withdraws on health grounds

New Delhi promotes its healthcare

China National Uranium Corp contests local content at Rössing

Free Articles

Indra and Intrasoft fight for US-funded customs IT contract

Guess what of April 1, 2020

Alassane Ouattara turns pension funds into sovereign wealth fund

Business circles

The ANP quietly restarts work on Lamhiriz's fishing port

The national milk office has not lost its appetite for powdered milk

Olam pushes ahead with its withdrawal

Cocoa giants forced to allow locals to purchase beans

Tullow Oil waves goodbye after nearly two decades of operations

Taipei's Ann Huang expands her Maputo empire

Gemcorp sponsors Africell in Luanda

Marine XXI, XXII: who would have been Kosmos' mystery partner?

Majors employ tactics to not invest alongside Sonatrach

HM Rawat Group sets out to conquer DRC

Alliance of mining expert and lobbyists creates stronghold on continent

Explore the free section

Power brokers

Lourenço caught in crossfire between Generals Kianda and Disciplina

Moez Ben Zid returns to investment banking with CAP

Ali Mahmoud Hassan under pressure as mandate end approaches

Ex-Managem mining expert Ali Saquaque sets up in Conakry

Covid-19 scuppers Indimi's imminent Okwok deal for Oriental

Narendra Raval seeks to cement status as market leader

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Indra and Intrasoft fight for US-funded customs IT contract Free

Mercure Industrie moves into the medical equipment business

The UNDP and ANME want to review the renewable energy code

Rear Admiral Agostini will need an understanding with Greece on Eunavfor

Haftar and Erdogan fail to break the ice

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