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. [...]
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. [...]
Fadi Wazni's Guinean mining logistics group United Mining Supply (UMS) is continuing to look for a site for an alumina refinery in Guinea but has entered a bid to buy one ready-made in France, as it looks to meet ever increasing demand from its Chinese clients. [...]
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. [...]
