Ethiopia is about to clinch a bilateral debt deal with one of its official creditors, putting into effect a framework agreed last summer. At the same time, it is in talks with holders of a billion-dollar eurobond that expired in December 2024.
The state-owned company is a dead weight on the country's gas development sector, absorbing all local content benefits itself and preventing foreign and domestic private sector companies from gaining a foothold.
On the brink of bankruptcy, the Moroccan milling group is about to be bought out by one of its main competitors, Cap Holding. This is an ambitious move for its CEO, who also chairs Morocco's employers' organisation, the CGEM, and will now have to pay off the colossal debts of Yariv Elbaz's group.
From lobbying on Western Sahara to organising the 2030 football World Cup, Morocco's "viceroy" ensures the smooth running of the kingdom. King Mohammed VI's best friend can rely on a solid network that spans four continents and covers intelligence, diplomacy, media and sporting events.