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A Media France is about to go into receivership. Deprived of cash flow and weighed down by months of unpaid wages as well as tensions with its Cameroonian shareholder, the group is turning to the Paris Commercial Court, despite the continued development of the brand on the continent.
Under pressure from his allies to address the plight of the millions of Sudanese refugees in Egypt, Abdel Fattah al-Burhan is focusing on his military and diplomatic alliance with the Egyptian regime. For its part, Cairo intends to use its role as a gateway for migrants to secure concessions from Brussels.
The British start-up is forging new contacts in the capital and across the US. Following a turbulent first foray into Somalia, the company founded by Basil Shiblaq is seeking investors to develop its offshore exploration licences.
Gathered in the Namibian capital last month for their annual oil industry summit, private companies and government officials sounded distinctly bullish. But behind closed doors concern is growing within an industry forced to play it by ear amid fiscal uncertainties and organisational ambiguity surrounding the governance of the oil sector.
Appointed foreign affairs minister in June 2024, he has since been handed some of Pretoria's most sensitive missions, including his country's G20 presidency and a bruising diplomatic row with the United States. He has relied on a tight circle of loyal officials to navigate the turbulence.
Highly dependent on Gulf countries for its fertiliser production, OCP Group has gone on a war footing in an effort to contain the current crisis. Behind the scenes, the Moroccan state has also pressed the CEO to shoulder responsibility for the crisis.
