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Finance

Cameroon, Equatorial Guinea
Oil services company Multiservicios Sofa escalates legal battle with Bange Bank

Multiservicios is seeking CFA1.7bn (€2.5m) from Equatorial Guinea's national lender after nearly a decade-long dispute. It filed suit against the bank's Cameroonian subsidiary before the Yaoundé court of first instance on 18 June, accusing it of making false declarations during an attachment of assets carried out in March. The case is having a political impact.
LogoSubscribers only Finance 18.06.2026

In Focus | Africa
Tracing Alexander Zingman's covert uranium and finance dealings tied to Putin

The American-Belarusian businessman has been active in Africa for a decade and, working closely with the DRC and Zimbabwe, is now steering his firm towards new markets in French-speaking nations. From Togo to Madagascar, the man of the shadows is proving his worth in highly sensitive matters bordering on diplomacy, business and intelligence in close connection with the Kremlin.

LogoSubscribers only Finance, Mining, Diplomacy 01.06.2026

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