Breaking news published on 11/12/25 at 10.50 GMT - The split between Castel CEO Gregory Clerc and the founder's family is now final. The latter is seeking the resignation of the ex-tax lawyer, who has become omnipresent in its business affairs.
Africa Intelligence has obtained the bill scheduled for review on 10 December by the US House Ways and Means Committee, chaired by Republican Jason Smith. The text includes a three-year renewal of the African Growth and Opportunity Act.
The Italian company was the last major to put its shares in the SPDC joint venture on the market. It has now received several bids. The Renaissance consortium appears to be in a strong position to take over, but its interest is viewed with suspicion in Abuja.