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    Senegal
    Dakar quietly opens talks with creditors in Paris under financial institution Lazard's watch

    French President Emmanuel Macron welcomes Bassirou Diomaye Faye to the Élysée Palace in Paris on 27 August 2025.
    French President Emmanuel Macron welcomes Bassirou Diomaye Faye to the Élysée Palace in Paris on 27 August 2025.© Julien Mattia/Le Pictorium/Reuters

    Having just embarked on a debt restructuring process, the Senegalese government has sent a delegation to the French capital to hold talks with a handful of financial stakeholders, in the presence of representatives from Lazard.

    LogoSubscribers only Finance

    Cameroon
    Globeleq exit sparks power struggle at top of state

    Secretary-General to the President, Ferdinand Ngoh Ngoh, and Minister of Finance Louis-Paul Motaze.
    Secretary-General to the President, Ferdinand Ngoh Ngoh, and Minister of Finance Louis-Paul Motaze.© John Thys/Pool/Reuters ; Kepseu/Xinhua via AFP

    The British firm's departure from two energy plants generating a fifth of Cameroon's electricity has triggered a standoff between Finance Minister Louis-Paul Motaze and Secretary-General of the Presidency Ferdinand Ngoh Ngoh. President Biya must now choose between rival plans to buy out Globeleq's stake.

    LogoSubscribers only Infrastructure, Finance, Energy

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