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Africa Intelligence

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From military glitches to development hitches, discover our ongoing coverage of the power struggles shaping the African continent.
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Transition in Guinea: what's next after the coup?

Transition in Guinea: what's next after the coup?

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William Ruto's new order

William Ruto's new order

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Africa in the Russia-Ukraine war

Africa in the Russia-Ukraine war

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In Focus
GABON

How Ycap became the Gabonese sovereign fund's favorite asset manager

After having been sanctioned by France's financial markets authority, financier Yariv Elbaz has succeeded in making a comeback in Gabon with his fund Ycap, which has become the main financial partner of the country's sovereign fund. [...]
Published on 29/06/2020 at 05:00 GMT Reading time 6 minutes
Franco-Moroccan financier Yariv Elbaz at the 2014 New York Forum Africa.
Franco-Moroccan financier Yariv Elbaz at the 2014 New York Forum Africa. © New York Forum Africa/Richard Attias & Associates
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Further reading
Yariv Elbaz, president of Forafric, during a meeting with the Autonomous Port of Abidjan on 25 August 2020. © Story & Brands via PAA
In Focus
MOROCCO Commodity traders Business 31/01/2022

Elbaz opens up Forafric's capital to Trumpists and Kazakh oligarch Machkevitch via Nasdaq listing 

Financier Yariv Elbaz, who specialises in complex financial operations, particularly for the Gabonese sovereign fund, is putting the final touches to a stock exchange operation that will turn his Forafric milling group into a leading force in the cereals "diplomacy" stakes with powerful financial and political allies.
Gabonese President Ali Bongo getting off his plane during a visit to Beijing, 2018. © Jin Liwang/Xinhua News Agency/Newscom/MaxPPP
In Focus
GABON Finance Politics 24/05/2021

Private jets, offshore fields, football, magazines: the presidential palace's untraceable holdings 

A string of offshore companies with no identified owner have been linked to transactions within the presidential couple's entourage. All were incorporated by the same financiers who also happen to be associates of Gabon's sovereign wealth fund.
US Secretary of State Mike Pompeo with Israeli Prime Minister Benjamin Netanyahu in Jerusalem, 24 August 2020. © Reuters Marketplace - Latin America News Agency Pictures
Spotlight
AFRICA Diplomacy 01/09/2020

Snubbed by Sudan, Pompeo and Netanyahu scour Africa in search of support 

Despite months of lobbying, the US Secretary of State Mike Pompeo has failed to convince the president of Sudan's Sovereign Council to recognise Israel or support the Middle East peace plan concocted by Donald Trump's son-in-law, Jared Kushner.
In Focus
GABON Politics Business 18/05/2020

Antoine Hayem, the charterer who keeps the Bongo family flying despite the lockdown 

Despite borders being closed as part of the measures taken to combat the Covid-19 pandemic, the Gabonese presidency is making greater use than ever of its favourite private aviation service provider, Frenchman Antoine Hayem. Publicity-shy but highly active, he began working for Russian oligarchs and now spends his time meeting the demands of African presidencies and rock groups.

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