Business

The New Guard
Guinea, Cameroon, Egypt and Zimbabwe

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

GuineaMoussa Moise Sylla, the former journalist who earned Doumbouya's trust

CameroonGuy Gweth, catalyst of Francophone economic intelligence

EgyptRami El-Dokany, from the Arab Federation of Capital Markets to the Egyptian Exchange.

ZimbabweJoana Mamombe, a youthful asset for Nelson Chamisa's presidential ambitions.

Rwanda
After first-round KO, Ayabatwa hopes to beat Kagame in court again

Having convinced the East African Court of Justice that Rwanda had erred in seizing his shopping mall, exiled businessman Tribert Rujugiro Ayabatwa is hoping the same jurisdiction will rule in his favour over the expropriation of one of his agricultural estates.

Libya
USAID teams up with PM Consulting Group on its economic plan

The US Agency for International Development (USAID) is strengthening its economic activities in Libya and delegating the management of some of its new projects to PM Consulting Group.

Morocco
Ahizoune clan's Rhadès holding diversifies in recycling, irrigation and agriculture

The family group founded by Maroc Télécom CEO Abdeslam Ahizoune, which is now managed by his son Youssef and which has taken over Derichebourg's waste management activities in Morocco, is moving into new sectors.

Congo
Congo bows to IMF pressure and overhauls hydrocarbons ministry

The Congolese hydrocarbons ministry is about to undergo a radical shakeup. In particular, the powerful hydrocarbons general directorate is to disappear.

North Africa
Ministers of Transportation in the Union for the Mediterranean to meet in Cairo

The Ministers of Transportation in countries that are members of the Union for the Mediterranean (UfM) will meet on 3 October in Cairo.

Algeria
Despite tensions with state, Cevital still running like well-oiled machine

The private group Cevital is once again increasing its cooking oil production capacity. Meanwhile, the government intends to raise the public sector's share in the industry.

Mozambique
French catering giants Newrest and CIS choose their local partners

There is a fierce battle for catering contracts in Mozambique afoot. While TotalEnergies and ExxonMobil's major projects are currently stalled, French firms have already selected local businessmen to help position themselves for future gas developments.

Kenya
Berlin sends its star consultant to boost Kenyan start-ups

The German agency for international cooperation GIZ wants to create a centre dedicated to innovation in Kenya. It has recruited the Hamburg-based experts of the GFA Consulting Group to lead this 21-month project.

Congo
After London and Dubai, Denis Christel Sassou Nguesso plans Singapore investment conference

The Congolese Minister of International Cooperation and Public Private Partnerships (PPP), Denis Christel Sassou Nguesso, is planning a major conference for investors in Singapore.