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ALL ARTICLES SAO TOME AND PRINCIPE

The Burkinabe businessman Idrissa Nassa. ©Twitter

Inner circles Business Mining 01/03/2021

Which of his many connections is Idrissa Nassa calling on to boost business?

Diplomacy 01/03/2021

Faure Gnassingbé to review progress on transition in Lomé on 8 March

Togo President Faure Gnassingbé. ©Christophe Morin/IP3 Press/MaxPPP

Oil & gas 26/02/2021

Ex-Tullow Oil boss Paul McDade's new life

Since being forced into retirement a year ago, Paul McDade has embarked on a new adventure in west African oil thanks to Sterling Energy and is now keen to start buying assets. [...]

Business 25/02/2021

Strauss-Kahn pursues his business prospecting marathon in Cotonou

Former International Monetary Fund managing director Dominique Strauss-Kahn, who now heads his own Parnasse International consulting company, has been in the Beninese capital, Cotonou, since Sunday 21 February. [...]

Business Defence 18/02/2021

Erstwhile military ops stalwart ICS faces liquidation

International Chartering Systems (ICS) boss Philippe de Jonquières, whose firm has carried out countless airlifts for the French military, plans to shut down the company after nearly four years of judicial investigation that has failed to lead to an indictment. [...]

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SAO TOME AND PRINCIPE

Running story Politics

Erdogan sets out to conquer Africa

Keen to reassert Turkey's international status, and also to help Turkish companies to break into the African market, the Turkish president Recep Tayyip Erdogan has been spearheading a major diplomatic and business drive in West and North Africa. [...]

Chadian President Idriss Deby welcomes his Burkinabé counterpart Roch Marc Christian Kabore to N'Djamena on 15 February.

Business 18/02/2021

From posh presidential jets to cargo planes, Bonkoungou has something for everyone

Mahamadou Bonkoungou, owner of Air transport company LTI, recently purchased a new luxury jet, used by the president of Burkina Faso, Roch Marc Christian Kaboré, among others. He also invested in a freighter for his construction company Ebomaf. [...]

Congolese President Denis Sassou Nguesso, who chairs the Grande Loge du Congo.

Politics 02/02/2021

Africa's masonic grand masters using square and compasses for political gain

Although they forbid both atheism and political debate, Africa's so-called "regular" masonic lodges, led by Congolese President Denis Sassou Nguesso, are being torn apart by the political ambitions of their grand masters. [...]

Business 01/02/2021

From Michael Jackson to Ghana's elite, Nicky Wilson's networks stretch far and wide

The mysterious and influential Togolese businessman Nicky Wilson is close to all of Ghana's decision-makers and knows numerous African presidents. [...]

Mining 01/02/2021

Endeavour Mining's new acquisition, Semafo, made to pay its debts

Canadian gold producer Semafo, bought by Endeavour Mining last year, has been ordered to pay sums owed to a transporter that worked on its mines in Burkina Faso, Guinea and Niger. [...]

Diplomacy 01/02/2021

Embaló's hush-hush campaign for ECOWAS chair

President Umaro Sissoco Embaló is working the region to pave his way to the chairmanship of the regional bloc. [...]

Meeting between Dominique Strauss-Kahn (left) and Guinea Bissau head of state Umaro Sissoco Embaló, Bissau, 15 January.

Business 29/01/2021

Strauss-Kahn pitch to Embaló

In Bissau on 15 January to meet with President Umaro Sissoco Embaló, the former International Monetary Fund managing director Dominique Strauss-Kahn has offered to help Guinea Bissau raise Chinese funding for infrastructure projects. [...]

Former managing director of the International Monetary Fund (IMF) Dominique Strauss-Kahn.

Business 20/01/2021

Strauss-Kahn turns to Bissau as he scrabbles for new contracts

Having failed to take advantage of the G20's debt suspension initiative, which brought in new African contracts for all his competitors, former International Monetary Fund managing director Dominique Strauss-Kahn is now offering his services as a consultant in Africa's smallest capitals. [...]

South African mining magnate Patrice Motsepe.

Diplomacy 13/01/2021

Billionaire Patrice Motsepe goes all in for African football's top job

On 12 March, the Confederation of African Football will elect a new president and South African mining magnate Patrice Motsepe is busy pulling strings to give the role his best shot. [...]

Diplomacy 07/01/2021

ECOWAS heads of state prepare for 23 January summit in Abuja

The Economic Community of West African States (ECOWAS) will hold a vast summit of its member heads of state in Abuja on 23 January under the high patronage of President Muhammadu Buhari. [...]

Politics Defence 06/01/2021

Germany's ITO provides logistical support to EUTM and MINUSMA

In late December, the German logistics specialist ITO Global Logistics won a contract to bring supplies to the German troops and their allies deployed under EUTM and MINUSMA. [...]

French Foreign Affairs Minister Jean-Yves Le Drian.

Diplomacy 04/01/2021

Le Drian's trip to Ouagadougou reset for mid-January

The French foreign minister Jean-Yves Le Drian is expected to travel to Ouagadougou in the first half of January. [...]

Business Mining 23/12/2020

Jeantet opens new 'green' OHADA desk

Green energy will be the theme of the first two seminars organised by Jeantet's brand new OHADA desk. [...]

Politics Defence 23/12/2020

Expertise France wants to block Gulf of Guinea's cocaine highway

The French development agency (AFD)'s technical cooperation arm, Expertise France, is keen to run the EU-funded €5m Gulf of Guinea security project called Seaport Cooperation. [...]

Politics Defence 21/12/2020

Paris issues fresh tender for Barhkane logistics

Bolloré's competitors now have until mid-January to eat into the French giant's transportation action in West Africa after France re-issued a request for bids it had abandoned. [...]

Business Defence 21/12/2020

MBDA hopes to sell its IED solutions to Sahel armies

Since early Novemver MBDA France (owned by Airbus, BAE Systems and Leonardo) has been beating a path to the Sahel. [...]

Christian Adovelande, chairman of the West African Development Bank (BOAD).

Business Investments funds 18/12/2020

Adovelande and Derreumaux help Finactu to design its strategy

Finactu, the financial advisory popular in French-speaking Africa, has brought in three African finance experts to hone its strategy. Two of these new "independent members" - former BOAD president Christian Adovelande and Bank of Africa founder Paul Derreumaux - know the consultancy well. [...]

Business Finance 18/12/2020

G20 debt moratorium ushers in golden age for sovereign advisor

By making the extension of its moratorium on sovereign debt in October conditional on beneficiary countries treating all their lenders with parity, the G20 has opened up fresh opportunities for advisory banks and law firms. [...]

Business Finance 17/12/2020

Insurance giant Prudential's African path points towards Orabank

After buying the West African firm Beneficial last year, the British insurer is considering taking a share in another of the region's banking and insurance companies, Orabank. [...]

Business 16/12/2020

Gaddafi's LAAICO African assets prosper far from Libyan treasury's reach

With all of its attention taken up by the war against Khalifa Haftar's Libyan National Army, Fayez Sarraj's Government of National Accord is struggling to profit from the many African projects launched by Muammar Gaddafi's money man Bashir Saleh. [...]

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Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

Abiy purged his military high command to prepare for his war against the TPLF

ALL ARTICLES SAO TOME AND PRINCIPE

Which of his many connections is Idrissa Nassa calling on to boost business?

Faure Gnassingbé to review progress on transition in Lomé on 8 March

Ex-Tullow Oil boss Paul McDade's new life

Strauss-Kahn pursues his business prospecting marathon in Cotonou