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Finance

Africa
Sidi Ould Tah has his work cut out at helm of AfDB

No sooner had Mauritanian Sidi Ould Tah taken up his post as head of the African Development Bank than he was faced with a real pile of sensitive issues: managing the liabilities left by his predecessor and the thorny task of recapitalising the concessional window.

Subscribers only Finance 16.09.2025

Togo
New development in the Union Togolaise de Banque affair

The Union Togolaise de Banque has successfully obtained a temporary suspension of an order to pay €3.8m to Tele Mobil International.

Subscribers only Finance 15.09.2025

South Africa
Main banking lobby protests against government cacophony on customs tariffs

At the Banking Association of South Africa AGM, the CEO of Standard Bank has called on politicians to stop giving conflicting economic messages.

Subscribers only Finance, Politics 12.09.2025

Morocco
British bank Revolut recruits lobbyist to work in the kingdom

The British online bank has chosen Hatim Benjelloun to represent its interests and assist it in setting up in Morocco.

Free access Finance 12.09.2025

Ivorian President Alassane Ouattara (right) welcomes Ghanaian President John Dramani Mahama in Abidjan, 5 March 2025. © Yvan Sonh/Xinhua News Agency/MaxPPP

Ivory Coast
Ouattara aims to relaunch ECOWAS common currency project

Announced in 2019 in Abidjan by Alassane Ouattara and Emmanuel Macron, the eco project has stalled. While the WAEMU zone is going through a turbulent period, the Ivorian president wants to revive the project.

Subscribers only Finance, Diplomacy 11.09.2025

Kenya's President William Ruto in Nairobi, 12 May 2025. © Simon Maina/AFP

Kenya
Ruto races against clock with privatisations to reassure IMF

On the eve of critical talks with the international financial institution, the Kenyan president is not ruling out any options that would help him raise money for his ailing budget. However, the privatisation of certain state assets is facing significant opposition, including from his own camp.

Subscribers only Finance, Politics 11.09.2025

Spotlight | Djibouti, Ethiopia, Kenya
Beijing mulls its African debt strategy

With Trump pushing power politics, China is striking a conciliatory tone with Western partners on African sovereign debt under the G20 framework – while keeping bilateral deals in reserve.

Subscribers only Finance 05.09.2025

China's President Xi Jinping (centre) and his Kenyan counterpart William Ruto (far right) in Beijing, on 24 April 2025.

Central Africa, West Africa
Moussa Faki up for possible position at Enko Capital

The former chair of the AU Commission has been in talks for several weeks with the investment fund run by brothers Cyrille and Alain Nkontchou.

Subscribers only Finance, Diplomacy 05.09.2025

Former African Union Commission chairman Moussa Faki in Addis Ababa, 16 February 2025.

Central African Republic, Morocco
Touadéra marshalling international support for Ambition 28 in Casablanca

Bangui is organising a round table entitled Ambition 28 in Casablanca in mid-September, with the aim of mobilising international public and private investors around its National Development Plan.

Subscribers only Finance 03.09.2025

Senegal
BCEAO circular sparks outcry among expat workers

European chambers of commerce are seeking the cancellation of a circular requiring expatriate workers in the WAEMU zone to receive their salaries in accounts domiciled in their host country.

Subscribers only Finance, Diplomacy 03.09.2025

Spotlight | Gabon
The long shadow of the Bongo clan looms over the BGFIBank shareholder battle

The dispute surrounding BGFIBank's IPO has escalated into a legal battle. A group of shareholders linked to French-Gabonese billionaire Christian Kerangall is attempting by all means to derail the operation.

Subscribers only Finance, Politics 01.09.2025

Henri-Claude Oyima, at the launch of the Senior Executives Conference in 2024 in Douala, Cameroon.

Cameroon
Bank of Central African States threatened by new internal conflict

Civil servants at the Bank of Central African States have been operating under two different regimes for five decades. Several organisations are seeking to revive the project of establishing a single status.

Subscribers only Finance, Diplomacy 27.08.2025

Ivory Coast
US Treasury maintains pressure on Ouattara over money laundering

For several months, the US administration has been holding a series of working meetings with the Ivorian authorities. The aim is to trace illicit financial flows that it suspects are linked to the Lebanese Hezbollah.

Subscribers only Finance 25.08.2025

Congo
Hydrocarbon minister promotes Africa Energy Bank

Bruno Jean-Richard Itoua has asserted that the AEB is the 'most important project that will save the African oil and gas industry from collapse'.

Subscribers only Finance, Energy 19.08.2025

Spotlight | Ethiopia
Al-Amoudi's empire sheds its skin as rivals circle his stronghold

The Ethiopian conglomerate owned by billionaire Sheikh Mohammed Hussein al-Amoudi, whose Swedish assets were recently sold to Varo Energy, is seeking fresh funds. In recent years, the Midroc group has found itself edging closer to Prime Minister Abiy Ahmed's administration.

Subscribers only Finance 01.08.2025

Ethiopia
Ethiopian Airlines airport mega-project still up in the air

The airport project led by national airline Ethiopian Airlines has not fully convinced the International Monetary Fund experts, who have stated that the financing of the new airport remains uncertain.

Subscribers only Infrastructure, Finance 01.08.2025

South Africa
South African tax chief set to step down

Head of the South African tax authority, Edward Kieswetter's days are numbered. He is negotiating his departure with Minister of Finance Enoch Godongwana and President Cyril Ramaphosa.

Subscribers only Finance 01.08.2025

Ethiopia
Oromia sets up its own sovereign wealth fund

Close to Prime Minister Abiy Ahmed, regional president Shimelis Abdisa is restructuring his investment vehicle. This move demonstrates his desire to speed up Oromia's economic dynamism.

Subscribers only Finance 22.07.2025

Ethiopian Prime Minister Abiy Ahmed's campaign billboard in the town of Jimma, Oromia Region, Ethiopia, June 2021.

Ivory Coast
AfDB gears up for arrival of new president Sidi Ould Tah

Elected as president of the African Development Bank in May, Sidi Ould Tah will begin in September. Right from the start, he'll have to look into reports on the institution's financial situation as well as the project for the construction of the new head office.

Subscribers only Finance 15.07.2025

Sidi Ould Tah on the day of his election as president of the AfDB, in Abidjan, on 29 May 2025.

Morocco
Banks in pole position to profit from the boom in cryptocurrencies

The banking sector is closely monitoring the preparation of the future law governing digital assets. The bill was developed with the support of North American blockchain players active in Europe.

Subscribers only Finance 14.07.2025

Governor of the Central Bank of Morocco Abdellatif Jouahri in Marrakesh, Morocco, in October 2023.

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Gabon
Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Gabon
Gunvor secrets (1/2): the Libreville oil mega-deal mystery

Finance

Africa
Sidi Ould Tah has his work cut out at helm of AfDB

Togo
New development in the Union Togolaise de Banque affair

South Africa
Main banking lobby protests against government cacophony on customs tariffs

Morocco
British bank Revolut recruits lobbyist to work in the kingdom

Ivory Coast
Ouattara aims to relaunch ECOWAS common currency project

Kenya
Ruto races against clock with privatisations to reassure IMF

Spotlight | Djibouti, Ethiopia, Kenya
Beijing mulls its African debt strategy

Central Africa, West Africa
Moussa Faki up for possible position at Enko Capital

Central African Republic, Morocco
Touadéra marshalling international support for Ambition 28 in Casablanca

Senegal
BCEAO circular sparks outcry among expat workers

Spotlight | Gabon
The long shadow of the Bongo clan looms over the BGFIBank shareholder battle

Cameroon
Bank of Central African States threatened by new internal conflict

Ivory Coast
US Treasury maintains pressure on Ouattara over money laundering

Congo
Hydrocarbon minister promotes Africa Energy Bank

Spotlight | Ethiopia
Al-Amoudi's empire sheds its skin as rivals circle his stronghold

Ethiopia
Ethiopian Airlines airport mega-project still up in the air

South Africa
South African tax chief set to step down

Ethiopia
Oromia sets up its own sovereign wealth fund

Ivory Coast
AfDB gears up for arrival of new president Sidi Ould Tah

Morocco
Banks in pole position to profit from the boom in cryptocurrencies

The weekly summary

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Gabon Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Gabon Gunvor secrets (1/2): the Libreville oil mega-deal mystery

West African cocoa cartel battles with the traders

The Renaissance Dam – a national symbol but a regional quandary

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Félix Tshisekedi

Eurasian Resources Group

Nasser Bourita

Mercuria

Mamadi Doumbouya

Finance

Africa Sidi Ould Tah has his work cut out at helm of AfDB

Togo New development in the Union Togolaise de Banque affair

South Africa Main banking lobby protests against government cacophony on customs tariffs

Morocco British bank Revolut recruits lobbyist to work in the kingdom

Ivory Coast Ouattara aims to relaunch ECOWAS common currency project

Kenya Ruto races against clock with privatisations to reassure IMF

Spotlight | Djibouti, Ethiopia, Kenya Beijing mulls its African debt strategy

Central Africa, West Africa Moussa Faki up for possible position at Enko Capital

Central African Republic, Morocco Touadéra marshalling international support for Ambition 28 in Casablanca

Senegal BCEAO circular sparks outcry among expat workers

Spotlight | Gabon The long shadow of the Bongo clan looms over the BGFIBank shareholder battle

Cameroon Bank of Central African States threatened by new internal conflict

Ivory Coast US Treasury maintains pressure on Ouattara over money laundering

Congo Hydrocarbon minister promotes Africa Energy Bank

Spotlight | Ethiopia Al-Amoudi's empire sheds its skin as rivals circle his stronghold

Ethiopia Ethiopian Airlines airport mega-project still up in the air

South Africa South African tax chief set to step down

Ethiopia Oromia sets up its own sovereign wealth fund

Ivory Coast AfDB gears up for arrival of new president Sidi Ould Tah

Morocco Banks in pole position to profit from the boom in cryptocurrencies

The weekly summary

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Gabon
Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Gabon
Gunvor secrets (1/2): the Libreville oil mega-deal mystery

Africa
Sidi Ould Tah has his work cut out at helm of AfDB

Togo
New development in the Union Togolaise de Banque affair

South Africa
Main banking lobby protests against government cacophony on customs tariffs

Morocco
British bank Revolut recruits lobbyist to work in the kingdom

Ivory Coast
Ouattara aims to relaunch ECOWAS common currency project

Kenya
Ruto races against clock with privatisations to reassure IMF

Spotlight | Djibouti, Ethiopia, Kenya
Beijing mulls its African debt strategy

Central Africa, West Africa
Moussa Faki up for possible position at Enko Capital

Central African Republic, Morocco
Touadéra marshalling international support for Ambition 28 in Casablanca

Senegal
BCEAO circular sparks outcry among expat workers

Spotlight | Gabon
The long shadow of the Bongo clan looms over the BGFIBank shareholder battle

Cameroon
Bank of Central African States threatened by new internal conflict

Ivory Coast
US Treasury maintains pressure on Ouattara over money laundering

Congo
Hydrocarbon minister promotes Africa Energy Bank

Spotlight | Ethiopia
Al-Amoudi's empire sheds its skin as rivals circle his stronghold

Ethiopia
Ethiopian Airlines airport mega-project still up in the air

South Africa
South African tax chief set to step down

Ethiopia
Oromia sets up its own sovereign wealth fund

Ivory Coast
AfDB gears up for arrival of new president Sidi Ould Tah

Morocco
Banks in pole position to profit from the boom in cryptocurrencies