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In Focus | Madagascar
How vanilla price crisis has rocked Madagascar government

The vanilla industry is at the heart of a power struggle between the Malagasy government and the sector's economic operators, over which the shadow of Mamy Ravatomanga looms.© Studio Pachamama // AFP/Bertrand Guay, Rijasolo, Bilal Tarabey // Shutterstock.com

The vanilla industry, which accounts for 5% of Madagascar's GDP, is at the centre of a power struggle between the government and major players in the sector, most of whom are foreign. Key to the battle is the minimum price set by Antananarivo.

Subscribers only Commodity Traders, Politics

Central Africa

DRC
French diplomatic presence in Bukavu under threat

The French consulate in South Kivu could wind up in the hands of the powerful businessman Vanny Bishweka. It's a situation that's worrying France's Honorary Consul in Bukavu, Guillaume de Candolle.

Subscribers only Diplomacy

Congo
World Bank ramps up pressure on ministry of hydrocarbons over gas code

Bruno Jean-Richard Itoua, Congolese Minister of Hydrocarbons.© Vladimir Simicek/AFP

The World Bank is pushing the Congolese government to adopt clearer legislation for its gas sector. But Brazzaville's gas code is still stuck at the draft phase.

Subscribers only Energy

West Africa

Africa
Macron appoints his new ambassadors, from Ouagadougou to Brazzaville

The French president has just appointed several ambassadors to strategic posts in Africa in Burkina Faso, Angola, Chad, Congo and Eritrea.

Subscribers only Diplomacy

Ivory Coast
From Israeli ships to telecoms, broker Kevin Guyonnet is breaking into all kinds of business

The Ivorian broker Kevin Guyonnet is hugely successful in Abidjan. Having organised, with Gaby Peretz, the order of two Israeli patrol boats for the navy, the businessman is branching out into financial deals, telecoms and health services.

Subscribers only Defence

Senegal
France approves €150m budget aid loan

French economy minister Bruno Le Maire has just given the French state's guarantee to a major €150m loan to Senegal.

Subscribers only Finance, Diplomacy

Eastern Africa and the Horn

Ethiopia, Gabon
UNESCO struggles to find candidates for Africa assistant director

The ambassadors slated to become the next Assistant Director-General for Priority Africa and External Relations at UNESCO, reporting to Director-General Audrey Azoulay, did not apply.

Subscribers only Diplomacy

Morocco, Rwanda
Trader BB Energy tries out carbon offset scheme in Kigali

BB Energy is selling ecological kitchen units in Rwanda to help households reduce their firewood consumption by 80%. The group plans to covert the saved emissions into sellable carbon credits.

Subscribers only Energy, Commodity Traders

Djibouti, Ethiopia
Addis-Djibouti road corridor project making gradual progress

The Djibouti government is preparing to launch a series of studies to lay the groundwork for the infrastructure for its part in the road corridor project.

Subscribers only Infrastructure

Southern Africa and Islands

Central African Republic, South Africa
Dubai's silence over Gupta brothers' whereabouts causing panic in Pretoria

None of South Africa's recent attempts to make contact with the UAE regarding the Gupta brothers have been successful. South African authorities are no longer sure that the two businessmen are being held in Dubai and are concerned that they may be granted asylum in central Africa.

Subscribers only Diplomacy

North Africa

Africa
Azali Assoumani mediates as Algeria and Morocco battle for role as AU VP

Comoros president and new AU chair Azali Assoumani in Addis Ababa, 19 February 2023.© Amanuel Sileshi/AFP

Neither of the two major North African nations is willing to step back, so the region can become first vice president of the AU in 2023, paving the way to become chair in 2024. Current chairperson Azali Assoumani is pulling out all the stops to reach consensus.

Subscribers only Diplomacy

Algeria
State rescues Boudiab group subsidiary

Of the 13 subsidiaries of the Boudiab group whose assets were frozen by the courts, only the Etablissement de Commerce International, Algeria's leading private cereal importer, has found favour with the authorities. The others face collapse.

Subscribers only Commodity Traders

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