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Central Africa
West Africa
Eastern Africa and the Horn
Southern Africa and islands
North Africa

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

From left to right: Coral's founder, Azerbaijani Tahir Garayev, his compatriot Ahmed Karimov and the head of the Rosneft group, Igor Setchine. © Studio Pachamama//LinkedIn//Benz190/Istock//X//Dmitry Astakhov/Sputnik/AFP//Maksim Safaniuk/Boule/Shutterstock

Dubai-based Coral Energy has recently made an aggressive entrance on the oil trading market in several sub-Saharan African countries where competitors suspect it of reselling Russian products. Africa Intelligence lifts the veil on this little-known trader.

Subscribers only Energy

Central Africa

Equatorial Guinea
First Lady influences Teodoro Obiang Nguema's Moscow trip

Russia's Vladimir Putin speaks with Equatorial Guinea's Teodoro Obiang Nguema in Moscow, Russia, 2 November 2023. © Grigory Sysoev/Sputnik/Kremlin Pool/EPA-EFE

The president of Equatorial Guinea travelled to the Russian capital earlier this month with a host of high-ranking dignitaries who are close to his wife Constancia Mangue Nsue Okomo.

Subscribers only Diplomacy

Gabon
Perenco in the junta's crosshairs

Transition president Brice Clotaire Oligui Nguema's administration is taking a close interest in the alleged links between the country's leading oil operator and two members of the Bongo family.

Subscribers only Energy

DRC
Portfolio Minister Kayinda set to decide on Gécamines embezzlement allegations

Portfolio Minister Adèle Kahinda received a file on 16 November from the DRC's auditing body, the Inspection Générale des Finances, concerning payments from Société Immobilière Congolaise (Simco) to 27 Gécamines executives.

Subscribers only Mining

West Africa

Nigeria
Abuja agrees to settlement with ENI over OPL 245

The ICSID hearing over the long-running legal saga between Nigeria and ENI was quickly suspended. The country has agreed to discuss an amicable settlement over block OPL 245, more than 12 years after its acquisition.

Subscribers only Energy

Ivory Coast
Orabank deal stalls over contested sale price

Vista reached an agreement in August with Emerging Capital Partners to acquire the pan-African banking group Orabank, of which ECP is the main shareholder. But a disagreement over sale price means the deal is yet to be finalised.

Subscribers only Finance

West Africa
Macron reschedules defence council meeting focused on Africa

A meeting of the Élysée Palace's defence council, devoted specifically to Africa and initially planned for 14 November, is set to be rescheduled to another date before 28 November.

Subscribers only Defence, Diplomacy

Ivory Coast
Standard Chartered facilitates €533m loan for Abidjan

The financially challenged Ivory Coast is to receive a Standard Chartered Bank-facilitated €533m loan in late November.

Subscribers only Finance, Politics

Eastern Africa and the Horn

Kenya
Isolated deputy president Gachagua curbs his lofty ambitions

Kenya's President William Ruto and his deputy Rigathi Gachagua in Nairobi, Kenya, 4 September 2023. © Monicah Mwangi/Reuters

Kenya's deputy president is losing support within the ruling party, where some are plotting to oust him, and is seeking appeasement by toning down his ambitions.

Subscribers only Politics

Djibouti
Opposition leader Abdourahman 'TX' cultivates international network

Abdourahman Mohamed Guelleh, aka TX, the leader of the banned Djibouti opposition party RADDE, was just in Vilnius to take part in the founding of the World Liberty Congress.

Subscribers only Politics, Business

Southern Africa and islands

Comoros islands
Funding Azali Assoumani's African Union presidency

Azali Assoumani in Nairobi on 5 September 2023. © Luis Tato / AFP

As the Comoros has very few financial resources, it is reaching out for help from powerful nations in Asia and in the Gulf to help fund its 12-month term at the head of the AU.

Subscribers only Diplomacy

North Africa

Morocco
Saudi ambassador Sami al-Saleh to serve in Rabat

Assistant Minister of State for African Affairs, Sami bin Abdullah al-Saleh, will soon become the next ambassador to Morocco, replacing Abdullah bin Saad al-Ghurairi, who was appointed in 2018.

Subscribers only Diplomacy

Algeria, Sudan
Guterres poised to appoint Algeria's Lamamra as UN special envoy for Sudan

Algeria's then FM Ramtane Lamamra at the UN General Assembly, NYC, US, 26 September 2022. © Eduardo Munoz/Reuters

Article published on 17/11/23 at 4:35pm - The UN Secretary-General spoke to Algeria's former foreign minister Ramtane Lamamra on 16 November and officially asked him to be the UN special envoy for Sudan.

Subscribers only Diplomacy

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