Spotlight
The Djibouti budget for 2022, passed last December, contains several tax increases. The economy of the small port country has been hit hard by the combined consequences of Covid-19 and, in particular, the civil war in neighbouring Ethiopia. [...]
Short of ideas as to how to deal with the coup leader Abdel Fattah al-Burhan, at the start of this month the US State Department opened a dialogue with the resistance committees in Khartoum who are campaigning actively for an end to the military regime. [...]
The Swiss commodities trader Vitol has become a trump card in British junior Savannah's game. In exchange for financial support for Savannah's purchase of ExxonMobil-Petronas's Doba assets, it should end up well placed to market the crude produced there. [...]
Perenco's negotiations for the takeover of three blocks in the Ivorian offshore have been dragging on for several months. Africa Intelligence reveals the reasons behind this stalemate. [...]
Burkina Faso withdrew Patel's permit for the Inata mine because it deemed his firm, Balaji, had neither spent enough money on it nor done enough work at the site. Patel is now pulling out all the stops to make sure the same thing doesn't happen at his Kalsaka gold mine. [...]
An agreement has been reached between the Tanzanian authorities and the Australian junior Evolution Energy Minerals (formerly Marvel Gold) to recover its exploration rights in the Chilalo graphite mining operation. [...]
Merafe Resources is looking to move into the platinum sector, globally dominated by South African producers. This move comes on the back of the company's joint venture with Glencore, Merafe Ferrochrome and Mining, which is the world's largest producer of ferrochrome, a mineral needed to make stainless steel. [...]
Even though it has not yet come into force, Swiss trader @Trafigura's exclusive contract for the marketing of the #DRC's artisanal cobalt has been called into question by the arrival of the news heads of Gecamines. #mines #trading https://t.co/LKWc6rNoVe
Having already seen the change of ownership of several of the aircraft he manages last year, airline operator Antoine #Hayem is trying to sell his shares in his firm #JetMagic. But he's yet to have much success, and a proposed sale last year fell through https://t.co/t8M2a4ejby
#Morocco: After his recent stint at the Ministry of Industry, Ali Seddiki has now joined the team of the investment minister @mohcine_jazouli and taken charge of drafting the eagerly awaited investment charter. https://t.co/wKyzdJRBFr
