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The Continent
Central Africa
West Africa
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Spotlight | Djibouti, Egypt, Ethiopia
Sisi tries containment tactics against Abiy's Renaissance dam

Egyptian President Abdel Fattah al-Sisi was received on 27 May 2021 in Djibouti by his counterpart Ismail Omar Guelleh. © Ismaïl Omar Guelleh/Facebook

In his race to stop Ethiopia from filling its huge Renaissance dam, the Egyptian president is rallying the Nile Basin countries to his cause one by one.

Subscribers only Diplomacy

The Continent

Africa
Warburg Pincus passes on Trident's latest funding round

Trident Energy is gearing up to bring new investors on board. But the American private equity firm Warburg Pincus, which has been the oil company's main backer for five years, will not be involved in this new funding round.

Subscribers only Energy

Central Africa

Gabon
Sofema picks up where Arquus failed on APC delivery to MINUSCA

Sofema is hashing out the final details of a deal to deliver Libreville with 15 armoured vehicles to be deployed with the Gabonese contingents in MINUSCA, eclipsing in the process its shareholder Arquus, initially selected but unable to fulfil the contract.

Subscribers only Defence, Business

DRC
Ex-Senate vice president Edouard Mokolo runs into trouble with French taxman

Mobutu's former spy chief, the Congolese senator Edouard Mokolo, may have his apartment in the Paris region seized on account of unpaid taxes.

Subscribers only Politics

Congo
New budget minister Andely picks task force to improve IMF relations

The Congolese Minister of Finance, Roger-Rigobert Andely. © Congoles Ministry of Finance

The newly appointed Congolese budget minister Roger-Rigobert Andely has named a select group to reopen communication channels with the IMF and negotiate the disbursement of the second tranche of a loan programme that has been blocked for the past year.

Subscribers only Politics

Gabon
President's office rings the changes at Gabon Oil Co and oil ministry

The entourage of President Ali Bongo has installed allies at the head of Gabon Oil Co and the directorate of hydrocarbons, two key posts in Gabon's oil sector.

Subscribers only Energy

DRC
Paris star lawyer Antoine Vey defends ex-warlord Roger Lumbala

The French lawyer Antoine Vey, a long-time associate of France's current justice minister Eric Dupond-Moretti, undertook an extended tour of Africa in May. Since late April, he has also been representing the Congolese former warlord Roger Lumbala.

Subscribers only Politics

West Africa

Guinea
Antwerp recommends shake-up of Guinea's mineral ports management

A recent Port of Antwerp International report presented to the Guinean authorities concluded that the current management of the Kamsar bauxite export port is restricting its development and the local economy, and it has proposed a roadmap for reform.

Subscribers only Infrastructure, Mining

West Africa
Bpifrance partners with Islamic Development Bank to extend Africa reach

The French investment bank has teamed up with the Jeddah-based organisation in order to diversify and expand on the continent.

Subscribers only Finance, Business

Southern Africa and islands

Mauritius, Zimbabwe
Aviation magnate Cassidy Mugwagwa takes off in Mauritius with Hong Kong investors

FlyAfrica boss Cassidy Mugwaga, who has close ties to the Mnangagwa clan, is setting up a new aviation investment vehicle with backing from two Hong Kong financiers.

Subscribers only Finance, Business

South Africa
Total's success on block 11B/12B hangs on Ramaphosa

Cyril Ramaphosa, President of South Africa. © Christoph Soeder/dpa/picture-alliance/Newscom/MaxPPP

Taking advantage of a favourable climate and existing infrastructure in South Africa, Total is looking at the option of speeding up expansion at a reduced cost. This will depend to a large extent on a good working relationship with the state, which owns the pipeline and the GTL plant to which the French major hopes to sell its gas.

Subscribers only Energy

Mozambique
Tycoon Bruno Morgado hopes to supply FRELIMO government with vaccines

Bruno Morgado, who has solid connections within the ruling party, is gearing up to import Covid-19 vaccines.

Subscribers only Business

North Africa

Algeria
Tebboune seeks new partner for phosphate mega-project as China's Citic backs out

For all the media spin of President Tebboune, the Algerian-Chinese mega-project slated for 2022 to exploit the phosphate deposits in the south of the country has been torpedoed by the withdrawal first of Wengfu and now of Citic.

Subscribers only Mining

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