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Congo
Rothschild lends Brazzaville helping hand with its debts

The advisory bank Rothschild is supporting the Congolese government in the refinancing of its debts with a variety of traders, totalling over a billion dollars. Negotiations with the IMF are meanwhile being taken care of by the prime minister's advisers with the help of the Ivorian banker Ibrahim Magessa. [...]

Published on 01/07/2022 at 05:00 GMT Reading time 2 minutes

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Gabon
Algest Consulting discreetly advises government on debt

The consultancy's boss, Ivorian banker Ibrahim Magassa, has just finished reprofiling Gabon's debt. On 25 March, he also organised a meeting between the main regional bankers and President Oligui Nguema.

Subscribers only Finance 03.04.2025

Ivory Coast
Abdourahmane Cissé's busy new Africa-wide role at Lazard bank

Former Ivorian oil minister Abdourahmane Cissé last month joined the international investment bank, which will now surely benefit from his considerable contacts across Africa.

Free access Finance 13.03.2025

Inner circle | Congo, Ivory Coast
Banker Ibrahim Magassa dispenses financial advice from Abidjan to Brazzaville

At the comparatively young age of 44, the French-Ivorian banker has established himself as a leading adviser to indebted states, initially to Ivory Coast and then to Congo and Ghana. He can rely on a solid network of contacts in Paris, not least at the investment bank Rothschild.

Subscribers only Finance 24.01.2025

Congo
Brazzaville hopes debt swap programme will resolve its financial woes

The Republic of Congo gave the green light last month to a restructuring of its public debt via a programme of swapping treasury bills approaching maturity for longer-term financial products. This remedy for cash flow tensions could prove risky.

Subscribers only Finance, Politics 12.11.2024

Congo President Denis Sassou Nguesso in Paris for the New Global Financial Pact Summit, on 23 June 2023.

Congo
Deutsche Bank and Citigroup get involved in Brazzaville's debt restructuring

The two banks, which specialise in restructuring sovereign debt on the bond markets, are preparing to issue loans on the financial markets for the Congolese state.

Subscribers only Finance 10.10.2022

Congo
Sons and daughters of regime bigwigs line up for legislative elections

The children of President Denis Sassou Nguesso are among a bevy of candidates in this month's legislative and local elections who are the offspring of the Congolese political elite.

Subscribers only Politics 04.07.2022

Chad
N'Djamena's forced march to settle its debt

Chad is scrambling to resolve the issue of its sovereign debt as quickly as possible before having to pay any further interest, which was suspended for almost two years due to the Covid-19 pandemic.

Free access Business 12.10.2021

Ivory Coast
Algest to resurrect Conseil de l'Entente with new headquarters

Founded in 1959 by the ex-Ivorian president Félix Houphouët-Boigny, the [...]

Subscribers only Business 01.04.2020

Spotlight | Congo
Sassou Nguesso looks beyond the International Monetary Fund to 2021

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 [.

Subscribers only Politics 27.02.2019

Denis Sassou Nguesso hopes to reach an accord with the IMF that can keep his chance for reelection.