Congo, Lebanon
Commisimpex: godfather to Lebanon's Shiites fails to reconcile Hojeij and Sassou

Nabih Berri, Lebanon's parliament speaker, has failed in his mediation between the Congolese president's office and the Lebanese CEO of Commisimpex, Mohsen Hojeij.
Nabih Berri, Lebanon's parliament speaker, has failed in his mediation between the Congolese president's office and the Lebanese CEO of Commisimpex, Mohsen Hojeij. © REUTERS-Mohamed Azakir
The secret negotiations between Lebanese businessman Mohsen Hojeij and the Congolese president's office over their €1.2bn debt dispute were facilitated by the Speaker of the Lebanese Parliament, Nabih Berri. Now weeks into the talks, revealed by Africa Intelligence, neither side is willing to budge. [...]
Reading time 3 minutes
Read also

Spotlight | Africa, Lebanon
Africa's wealthy Lebanese fight to secure savings in IMF deal

The preliminary agreement made between the IMF and Lebanon on 7 April will have serious consequences for what the financial institution diplomatically calls the "large depositors" of Lebanese banks. In reality, this technocratic term refers to the mostly Shi'ite Lebanese businessmen in Africa who are fighting tooth and nail to protect their savings.

LogoSubscribers only Finance 13.04.2022

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!