Malabo appeals damages award to Marseille-Kliniken
On 16 January Equatorial Guinea lodged an appeal against a US court's 17 November ruling that it must pay $9.3m in damages to Marseille-Kliniken, a German firm that manages private clinics.
Portugal had tried to stop Equatorial Guinea joining the CPLP club of Portuguese-speaking countries, but now hopes to improve relations with Malabo, and has appointed its first ever ambassador to the Spanish-speaking state.
The move to Malabo, initially scheduled for December and January, is causing a stir within the sub-regional body. The president of Equatorial Guinea, Teodoro Obiang Nguema is keen to host the bloc's headquarters, much to the displeasure of his transitional counterpart in Gabon, Brice Clotaire Oligui Nguema.
On his visit to Equatorial Guinea and then Kenya, the Belarusian leader was accompanied by certain figures without an obvious connection to the stated goal of his trip, namely agriculture and healthcare.
A French court has confirmed the seizure of three buildings belonging to Equatorial Guinea on behalf of Chantway Trading. The property targeted by the Cyprus-based company owned by a Russian businesswoman, includes 42 Avenue Foch, which houses the Equatorial Guinean embassy.
The Dubai-based Indian bank has pledged to raise €5.6bn from Emirati financial institutions in support of the Economic and Monetary Community of Central Africa, while multilateral donors remain reserved.
Commercial Bank Guinea Ecuatorial had hoped to recover a 16-year-old debt upon the court-ordered sale of a building housing Equatorial Guinea's embassy in the French capital. But judges have other plans for the money.
Having established a foothold in French-speaking and central Africa, the French company's African branch, which is a specialist internet service provider, is looking to break into new markets in English-speaking countries.
The new boss of Canadian junior Africa Oil, Roger Tucker, has appointed bankers to dispose of a significant share of the company's Equatorial Guinean offshore assets.
On 2 October, French firm TLS Contact will begin handling requests for French visas that have been filed in Brazzaville and Pointe-Noire, Republic of Congo, Franceville, Gabon, and Douala and Yaoundé, Cameroon.
Golar LNG hasn't given up on Equatorial Guinea and has its sight set on the offshore Fortuna gas field. The firm has called on a powerful lobbyist to get closer to Vice-President Teodoro Nguema Obiang Mangue.
Le pétrolier Perenco a promu l'un de ses cadres, Jean-Noël Bouassi-Bouassi, au poste tout nouvellement créé de “coordonnateur général des affaires africaines”.
At the ECCAS summit on 1 July, current chairman Ali Bongo raised the delicate question of member states' subscription arrears.
Ruslan Obiang, one of the president's sons, has been referred to the attorney general in connection with the sale of an aircraft belonging to the national airline, Ceiba. The shadow of his half-brother Teodorin Obiang looms large over the affair.
The Paris court of appeal has upheld a ruling over unpaid taxes against the Equatorial-Guinean vice president, whom the French tax authorities have accused of undervaluing a prestigious property in the French capital that has since been seized as part of the ill-gotten gains affair.
World Bank VP Ousmane Diagana has hired French technical cooperation agency Expertise France's deputy CEO Rima Le Coguic. She is expected to join the institution's West and Central Africa division over the next few weeks.
Washington has stepped up its efforts to prevent US oil companies from being obliged to repatriate their rehabilitation funds to the CEMAC zone.
The Pacific Ocean country says Malabo's months-long seizure of a BP-chartered ship bearing its flag violated the UN Convention on the Law of the Sea. For Malabo, the fault lies with Nigeria.
The executive organ of the Central African bloc is being lead ad interim by Gabon's Daniel Ona Ondo, even though Baltasar Engonga Edjo of Equatorial Guinea was appointed to the post over a month ago.
Following the expiry of the original agreement governing the deployment of the East African Community force in eastern DRC, the Congolese government, unhappy with its performance so far, is hoping to remove the ambiguities of its mandate.
The World Bank is delaying its disbursement of some $400m for major road works projects in the DR Congo until Kinshasa files a "resettlement action plan" for the population that the construction works will impact.
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