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William Ruto's new order

William Ruto's new order

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The Sahel threatened by a jihadist tornado
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In Focus
GABON

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. [...] (1351 words)
Issue dated 24/05/2021 Reading time 6 minutes
Gabonese President Ali Bongo getting off his plane during a visit to Beijing, 2018.
Gabonese President Ali Bongo getting off his plane during a visit to Beijing, 2018. © Jin Liwang/Xinhua News Agency/Newscom/MaxPPP
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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.
The president of FIFA, Gianni Infantino, and the president of the African Football Confederation, Patrice Motsepe, on 4 May 2021 in Abidjan. © Legnan Koula/EPA/Newscom/MaxPPP
Spotlight
AFRICA Business 03/06/2021

FIFA boss Gianni Infantino tightens his grip on African federations 

After months of bad blood between FIFA and some African federation members, the head of the international football organisation wants to take advantage of South African billionaire Patrice Motsepe's arrival at the head of the Confederation of African Football to exert greater control of the game on the continent.

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