The world's largest asset manager has quietly been building a sizeable portfolio of African assets and an increasing sphere of influence on the continent. It operates by acquiring management mandates from public institutions and central branks and taking shares in businesses that drive economic growth. [...]
Under pressure from the Mauritanian authorities for months, Arise Mauritanie has discreetly begun to renegotiate the concession it recently landed from President Mohamed Ould Abdel Aziz's administration. [...]
During a 15-23 September trip to Egypt made at Cairo's invitation, a large delegation of Congolese officials discussed the financing of several projects for power plants, a port, and a road in the DRC. [...]
With a new round of negotiations between Gabon and oil trader Augusta due to begin in the coming weeks, Africa Intelligence reveals the secrets of the contract between the trader and the Gabonese refinery SOGARA, which Libreville abruptly broke off in June. [...]
Through its new security role at Mogadishu's international airport, the American security services provider Valar Frontier Solutions is consolidating its presence in Somalia. [...]
The independent electricity consortium Tulu Moye Geothermal Operations is in the final stages of negotiating the financial arrangements for its 150 MW geothermal project in Oromia. [...]
Helder Tembe, a businessman close to the Machel clan who runs a telecoms and hydrocarbons investment company in partnership with the Pateguana brothers, has set up a new consulting firm with an executive director at Vodacom as a partner. [...]
The pan-African organization has been struggling for a month to resolve the clash between Cairo and Addis Ababa. Abdel Fattah El Sisi does not want to see Ethiopia have free rein in the management of Nile dam, but Abiy Ahmed Ali is refusing to accept any outside interference. [...]
The oil and alcohol magnate Humphrey Kariuki is facing charges of evading the payment of taxes totalling 41 billion shillings (€323m). [...]
The last operator to be wholly foreign-owned, Bergerat Monnoyeur Algérie could be forced to cease operations by new legislation covering car dealerships. [...]
The proposed permit extensions for two blocks in Turkana have not gone down well with the French major and it is now threatening to pull out altogether. Here's why. [...]
The Department of Petroleum Resources was counting on $520m from the sale of 52 deposits previously operated by the majors. [...]
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. [...]
