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.
Once again, the new finance minister, beloved by lenders and international partners, is putting on his fireman's uniform for Denis Sassou Nguesso, at a time when IMF talks are on the rocks. Whether he can pull off his magic a second time, however, remains to be seen.
Prime Minister Clément Mouamba's government resigned on 16 April, just after Denis Sassou Nguesso was sworn in for a fourth and final presidential term. Key members of the head of state's inner circle are now pushing candidates to replace Mouamba, even though the administration might not change until next year.
The Paris summit on investing in Africa, which will largely focus on debt, and the World Bank and IMF spring meetings will take place in quick succession in the coming months. To prepare for these major gatherings, the IMF and G20 countries have started to tackle the thorny issue of debt reduction, a frequent source of disagreement with China.
Hoping to be re-elected for a fourth term on 21 March, the Congolese leader Denis Sassou Nguesso recently retained the services of two PR firms in the French and American capitals to shore up his rather tattered international image.
Olivier Colom, closely linked to Egyptian tycoon Naguib Sawiris, who placed him on the board of Endeavour Mining and then at Euronews, previously worked in the diplomatic unit of the Elysée Palace under Nicolas Sarkozy.
Decisive for the economic future of the country, the negotiations with Washington may also provide the president with a platform for winning the next presidential election. Analysis.Pre-campaign - Denis Sassou Nguesso, who on 5 February celebrated the 40th anniversary of [.