SpotlightAFRICA
The Kuwaiti company is fighting to the bitter end to keep hold of the Libyan sovereign fund's French assets it seized seven years ago, but the arbitration ruling behind the confiscation has been reversed in Egypt. That ruling is now also under theat. [...]
Hassan Beklhayat's strategic consulting firm has no lobbying experience but has been hired to help Rabat convince Africa CDC to move its headquarters to Morocco. The firm may receive a hand from its partner, Lionel Zinzou and Donald Kaberuka's Southbridge Group. [...]
Lagos company Sahara Energy, which has just been given approval to build a butane storage tank, plans to become a key player in the gas storage business thanks to its strong support network in Ivory Coast. [...]
After being pushed out of Gambia, the Norwegian-Emirati firm has struck a highly favourable deal with the state, taking over a block that will cost it nothing for twelve months and is located close to a site where the British major is scheduled to drill. [...]
The parent company of NB Mining Africa, the Congolese mining services firm run by the Frenchman Pascal Beveraggi, is seeking a stay of the ruling in favour of Astalia Investment, an entity with ties to the ex-governor of Katanga Moïse Katumbi. [...]
State-owned Guinean mining company Soguipami analysed SRG Mining's performance on the Toronto stock exchange before deciding whether or not to take a stake in the company developing the Lola graphite mining project. [...]
A meeting on the controversial subject of VAT payments by mining companies in the DRC had been due to take place in the offices of the Chamber of Mines. When NGOs, and civil society bodies made it clear they wanted to take part, however, another venue was found and the meeting took place out of the public eye. [...]
