Zimbabwe
WORLD BANK FOLLOWS SUIT

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Kenya
IMF TALKS RESUME

A joint International Monetary Fund and World Bank mission is due in Nairobi to discuss resumption of financial aid talks [...]

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Spotlight | Kenya
STILL A GOOD CHANCE OF GOING BANKRUPT

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Kenya
HAIR'S BREADTH FROM CASH CRISIS

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ELECTORAL SCENARIOS

Another mandate for presidential-candidate Joaquim Chissano, whose re-election in the face of competition from rival runner Afonso Dhlakama seemed assured as the December 3-4 presidential election approached, will be sharply influenced by the equilibrium between his FRELIMO (governmental) party and [.

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Cameroon, Chad
DOBA VICTIM OF GLOBALIZATION

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Ethiopia
BORDER-BUST COST IS HIGH

The World Bank partnership group is currently putting the finishing touches to the Public Expenditure Review of Ethiopia which details [...]

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Spotlight | Kenya
LEAKEY ON A TIGHTROPE

The 'saviours of the economy' team led by civil service chief Richard Leakey has run into its first reverse by failing to persuade the International Monetary Fund and World Bank to normalize their relations with Kenya.

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Zimbabwe
TIGHT TIMING FOR NEW PLAN

The Zimbabwe government and the Zimbabwe Electricity Supply Authority (ZESA) have just submitted a draft of a new System Development [...]

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Cameroon, Chad
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With the pipeline project between Doba and Kribi coming up before the board in mid-October (AEM 258) the World Bank [...]

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Spotlight | Kenya
BARELY A THREE-MONTH HONEYMOON

Richard Leakey, the man Kenyan head of state Daniel arap Moi chose in July to lead Kenya's civil service, can maybe reckon on three months to prove he and his team are up to the job of cleaning out the [.

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Cameroon, Chad
THREAT TO PIPELINE LOOMS LARGE

An obstacle to the funding of the Chad-Cameroon pipeline in the form of a U.S. bill named "Demilitarization for Development [...]

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Spotlight | Madagascar
ONE STEP FORWARD BUT TWO STEPS BACK

The counsels of firmness that World Bank official Michael Sarris delivered to Madagascar's prime minister Tantely Andrianarivo fell flat (ION 862) and striking workers at the state-owned petroleum products utility Solima managed to hold out against the government, infuriating head [.

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Djibouti
LAST PREPARATIONS FOR AN IMF CREDIT

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Zimbabwe
HOW MURERWA REASSURED GONDWE

When the African director of the International Monetary Fund, Goodall Gondwe, met the Zimbabwean minister of finance Herbert Murerwa in [...]

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Spotlight | Cameroon, Chad
THE LAST BUMPY MILE

Chad president Idriss Deby flew to Washington on May 24 to voice his concern over delays in the Doba-Kribi pipeline project to World Bank president James Wolfensohn. Cautious, Wolfenson met earlier in the morning with representatives from three environmental organizations, [.

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Tanzania
IMF DIDN'T SEE THE GAP

When International Monetary Fund (IMF) officials approved an enhanced structural adjustment facility for Tanzania in January, they seriously underestimated that [...]

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Madagascar
ETERNAL PROBLEM OF FISCAL REVENUE

Madagascar's fiscal revenues were, again at the end of March, well below objectives fixed by the International Monetary Fund and [...]

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Nigeria
KADUNA SLATED FOR PRIVATIZATION

President-elect Olusegun Obasanjo claimed there was no reason for rushing to privatize state-owned companies when he with met business leaders [...]

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Spotlight | West Africa
LAST OBSTACLES TO GAS PIPELINE

Of the three regional gas or gas-electricity projects that could be completed by the end of the decade in sub-Saharan Africa the West African Gas Pipeline (WAPG) based on reserves in Nigeria, where 2 billion cu.

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Cameroon
IMF AGAIN DEMANDS AUDIT OF SNH

The IMF committee that is following up application of the [...]

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Madagascar
NEW PLANS WITH IMF

The joint World Bank and International Monetary Fund mission which is in Antananarivo from November 7 to 17 is expected [...]

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Benin
WORLD BANK LOAN ON WAY

The World Bank affiliate International Development Association will shortly approve [...]

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Madagascar
PRIVATIZATION LOOMS FOR SOLIMA

Ten companies will submit bids when an invitation to tender is issued next week for the privatization of the state-owned [...]

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Djibouti
FRENCH TREASURY STRAIGHT IN ITS BOOTS

The French government financial mission which went to Djibouti at the end of September, soon after the visit of delegation [...]

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Spotlight | Cameroon, Chad
PIPELINE DELAYED

No fundamental problem appears to stand in the way of an agreement between Cameroon and the World Bank on the Chad-Kribi oil pipeline and the need to protect the environment and foster economic and social development, according to Patrice Mandengabassa, [.

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Cameroon, Chad
NEW PIPELINE BARGAINING

The World Bank is to stage new negotiations before the [...]

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Nigeria
OSO II IN SERVICE

The second phase of the Oso development project centered on the production of NGL has been commissioned. Output began at [...]

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Tanzania
YEAR 2000 START FOR SONGO SONGO

The financial package for the Songo Songo project will be put together completely at the end of 1998, AEM learned [...]

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Zimbabwe
IMF LETTER TO MUGABE

On the eve of the International Monetary Fund mission in Zimbabwe this week, the IMF resident representative in Harare, Roberto [...]

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Madagascar
PRIVATIZATION TIMETABLES

The privatization programme for Madagascar's public-sector enterprises has just been updated by the World Bank with a new timetable dated [...]

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Chad
GREENS FRET OVER PIPELINE PLAN

A "summit of the seven poorest countries" organized by the Greens on June 12 in the European Parliament's building in [...]

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Spotlight | Africa
ENVIRONMENT, MARKET APPROACH GAINS GROUND

If Bill Richardson is mostly known for his peacemaking skills as U.S. ambassador to the United Nations – he exercised them with talent in Bosnia and in more controversial fashion in the Congo-Kinshasa imbroglio – his appointment on June 18 [.

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Tanzania
IMF CONTENT

The International Monetary Fund mission led by Jerry Johnson (a deputy manager on the Africa Desk) which went to Dar [...]

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Senegal
HYDRO QUEBEC BIDS FOR SENELEC

Hydro Quebec has just confirmed in Dakar that it is in the running to become Senelec's strategic partner following the [...]

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Cameroon, Chad
PIPELINE CAUGHT IN CROSSFIRE

The Chad-Cameroon oi development and pipeline project that are awaiting the green light for IDA loans - the total was [...]

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Madagascar
SLOWCOACH PRIVATIZATION

The consultant Price Waterhouse who prepared the privatization programme of Solima (petroleum products) according to a cession formula known as [...]

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Madagascar
MAYBE HELP FOR PRIVATIZATION

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Cameroon, Chad
PIPELINE WAITS IDA GREEN LIGHT

The Exxon group which operates in Chad's oil project and in the TOTCO and COTCO companies that will operate the [...]

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WORLD BANK SECRETS

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Cameroon, Chad
KICKOFF FOR PIPELINE

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Ivory Coast
IMPACT OF CRUDE OIL PRICE SLUMP

The impact from the slump in crude oil prices will [...]

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Gabon
IMPACT OF CRUDE PRICE DROP

The impact from the drop in crude oil prices has [...]

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Niger
IMF PUSHES FOR EXPLORATION

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Algeria
GHADAMES BASIN THE ENGINE OF GROWTH

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UNDER WORLD BANK'S WATCHFULL EYE

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Madagascar
TAKING A CLOSE LOOK

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Madagascar
GLENCORE PROJECTS

Glencore, a large Swiss-based petroleum trader, recently approached a Paris bank to propose a financial package for Madagascar. The deal [...]

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Spotlight | Ethiopia
SOFTLY, SOFTLY

After having steadfastly refused to open up its telecommunications to the private sector, the Ethiopian government may now have to soften its stand following strong pressure from the World Bank and International Monetary Fund (an IMF delegation is expected in [.

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Kenya
NEW DOWNSTREAM HITCHES

A project to build a terminal for LPG imports has moved ahead with an agreement signed by the Kenya Pipeline [...]

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Comoros islands
PINNED DOWN

At the end of April prime minister Ahmed Abdou dissolved the technical committee responsible for the structural adjustment programme (in [...]

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Niger
NIGELEC ON THE AUCTION BLOCK

Nigelec has been marked down for IMF-World Bank-type privatization along with the water company SNE and oil storage firm Sonidep. [...]

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Ethiopia
CALUB PROJECT UNDERWAY

An Ethiopian company has kicked off a project to extract and process up to 65,000 tons of liquid petroleum products [...]

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Ethiopia
TWO STUDIES FOR BEICIP

Ethiopia's energy and mines ministry signed two contracts for studies last month with BEICIP-Franlab, the consultancy and international engineering unit [...]

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Spotlight | Africa
FRANCE'S NARROW GREENHOUSE EFFECT PIPELINE

Forty four projects had been accepted by the end of 1996 or were at an advanced stage in the French Global Environment Fund's (FFEM) pipeline. The projects slated to receive grants from the Fund organized by the Caisse Francaise de [.

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Tanzania
LIBERALIZATION HALFWAY HOME

The liberalization of Tanzania's oil industry, which has long been [...]

Subscribers only Energy 22.01.1997

Gabon
OCELOT LANDS ITS PERMITS

Ocelot Energy won two licences to be operated on a production sharing basis in Gabon following negotiations that were already [...]

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Sao Tome and Principe
FREE TRADE ZONE IDEA RE-SURFACES

A project to establish a free trade zone in Agulhas [...]

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Equatorial Guinea
SCRAMBLE AT MALABO

As Equatorial Guinea is a small country with rich oil prospects several big groups are scrambling to install the first [...]

Subscribers only Energy 18.12.1996

Uganda
PROMISES, PROMISES

During the meeting of the World Bank consultative group on Uganda, held in Paris on November 21 and 22, Uganda [...]

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Uganda
DONORS SEEM FAVOURABLE

A majority of Uganda's international fund donors retain a favourable stance to the Kampala authorities, having noted with satisfaction that [...]

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South Africa
RAPPROCHEMENT WITH IMF

During the recent World Bank and International Monetary Fund AGMs [...]

Subscribers only 12.10.1996

Zambia
BP AND AGIP MARKETING AFFILIATES PRIVATIZED

The government has completed the privatization of British Petroleum Zambia [...]

Subscribers only Energy 09.10.1996

Nigeria
PRIVATIZATION FOR OIL INDUSTRY?

Nigeria has managed to fend off the threat of oil or other sanctions with for a selective release of jailed [...]

Subscribers only Energy 09.10.1996

Ethiopia
THREE WORLD BANK PROJECTS

The International Development Association, an affiliate of the World Bank, has begun work on three projects for loans to Ethiopia, [...]

Subscribers only 20.07.1996

Ethiopia
MOVING TOWARDS IMF ACCORD

The Ethiopian authorities are believed to be on the point of reaching agreement with the International Monetary Fund for a [...]

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Mozambique
WHAT'S IN THE PIPELINE

A Portuguese bid to acquire all or part of the shares of the government and/or Lonrho in the Beira-Harare pipeline [...]

Subscribers only Energy 29.05.1996

Mali
TWO IDA LOANS APPROVED

The World Bank has announced approval by the International Development Association (IDA) of a $23 million loan that had been [...]

Subscribers only Energy 15.05.1996

Djibouti
IMF PROGRAMME

In an aide-mémoire of March 28 to the director general of the International Monetary Fund, Michel Camdessus, the governor of [...]

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Congo
PRIVATIZATION WITH CURBS

The timetable will be honored, as with electricity-generation, but the privatization of Congo's downstream oil sector will leave a government [...]

Subscribers only Energy 01.05.1996

Spotlight | Djibouti
SWING TO AUSTERITY

The visit of French cooperation minister Jacques Godfrain to Djibouti from April 15 to 17 and the simultaneous decision of the International Monetary Fund (IMF) board in Washington on April 15 to grant the Djibouti government a US$6.

Subscribers only 20.04.1996

Spotlight | Mozambique
DR. IMF'S CASTOR-OIL

Mozambique's programme of macro-economic reforms (negotiated with the International Monetary Fund in March for submission to the management committee in May, to get a new three-year enhanced structural adjustment facility) leans heavily on a restrictive fiscal and monetary policy.

Subscribers only 13.04.1996

Spotlight | Mozambique
GET THINGS MOVING

The approaching World Bank consultative group on Mozambique has relaunched the debate on cleaning up Mozambique's state-owned companies. International fund donors are expected to use the Paris meeting (April 17 and 18) to jog the Maputo authorities over their failure [.

Subscribers only 30.03.1996

Kenya
STEP BY STEP REFORMS

A meeting of the consultative group of donors for Kenya held in Paris under the auspices of the World Bank [...]

Subscribers only Energy 27.03.1996

Tanzania
GOVERNMENT STILL RULES OUT TIPER PRIVATIZATION

Energy and mines minister William Shija told staff at TIPER [...]

Subscribers only Energy 13.03.1996

Nigeria
LNG PROJECT UP AND RUNNING

Work is shortly to begin on the liquefaction plant that Nigeria Liquefied Natural Gas Ltd. (NLNG) is to build at [...]

Subscribers only Energy 03.01.1996

Madagascar
TWO-MISSION BALANCE SHEET

The 1996 budget was the principal problem raised by officials of the International Monetary Fund and World Bank during their [...]

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Kenya
THE POINT WITH DONORS

The meeting of the World Bank consultative group on Kenya which was to have been held in Paris at the [...]

Subscribers only 11.11.1995

Tanzania
AGREEMENT ON SONGO SONGO

After four years of studies and negotiations, an agreement to proceed with the Songo Songo gas and electricity project was [...]

Subscribers only Energy 01.11.1995

Algeria
WORLD BANK LOAN

The World Bank is considering a $75 million loan to [...]

Subscribers only Energy 01.11.1995

Madagascar
GOVERNMENT PLANS SELL-OFF

The opening of Madagascar's electricity sector to "private capital" has been underscored in a so-called "outline document for economic policy" [...]

Subscribers only Energy 18.10.1995

Madagascar
NEW REFORM TIMETABLE

Madagascar's delegation to the annual meeting of the IMF and World Bank in Washington flew off carrying the government's economic [...]

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Djibouti
IMF QUESTIONS

The International Monetary Fund mission which was in Djibouti from September 20 to October 3 has demanded additional budget economy [...]

Subscribers only 14.10.1995

Nigeria
REGIONAL GASLINE PACT SIGNED

An agreement to build a regional gas pipeline tying Benin, Togo and Ghana into the fields in Nigeria's Escravos basin [...]

Subscribers only Energy 20.09.1995

Congo
PRIVATIZATION BY NEXT JUNE

AEM understands that the World Bank is counting on Congo's privatization process being completed by next June at latest. The [...]

Subscribers only Energy 20.09.1995

Spotlight | Kenya
KENYA POWER SECTOR'S CAUTIOUS ADVANCE

The Kenyan government and the Kenya Power & Lighting Corporation (KPLC) unveiled their energy projects, loan requirements and the reforms they've already undertaken during a conference with donors on Sept. 11-12 in Paris. But no fresh funds were offered and [.

Subscribers only Energy 20.09.1995

Spotlight | Kenya
ELATION FOLLOWS DEPRESSION

The Kenyan government's cyclothymic relations with its international fund donors have just swung into a new phase of elation. After facing the running fire of political criticism from the donors in Paris on July 20 (ION N° 682), the Nairobi [.

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Ghana
KWESI BOTCHWEY GOES

Kwesi Botchwey may owe his downfall to a drillship. The dismissal of Botchwey, a top-rate finance minister who played a [...]

Subscribers only Energy 03.08.1995

Spotlight | Madagascar
ZAFY AND RAVONY AT ODDS

Marked on June 10 by the largest opposition demonstration seen in Antananarivo since last year, the campaign for the impeachment of the head of state Albert Zafy, which opposition MPs are now threatening to continue inside parliament, has rekindled the [.

Subscribers only 17.06.1995

Morocco
IMPORTS MONOPOLY TO END

With the government poised to privatize the country's two refineries at the end of this year, draft legislation putting an [...]

Subscribers only Energy 07.06.1995

Spotlight | Cameroon
BOTTOM OF THE BARREL

"There is a lack of openness in the oil sector" and a drop in receipts appears inevitable, confirmed a report entitled "Macro-Economic Survey of Cameroon after the Devaluation" commissioned by the French cooperation ministry. The report resulted from a mission [.

Subscribers only Energy 10.05.1995

Mauritius
BIG FAT CONTRACTS AHEAD

Mauritius' ministers of finance (Rama Sithanen) and energy (Swaley Kassenaly) are expected to be in Paris next week for a [...]

Subscribers only 29.04.1995

Spotlight | Madagascar
A WORLD BANK CATALOGUE

Pierre Demangel, who holds the Malagasy dossier at World Bank headquarters in Washington, apparently doesn't hold a grudge against prime minister Francisque Ravony although the latter was targetting Demangel - without naming him - when he commented on April 6 [.

Subscribers only 21.04.1995

Spotlight | North Africa, West Europe
EUROPE-MED ENERGY POOL

Energy cooperation in the Mediterranean will figure high on the agenda at a conference in Barcelona on Nov. 12 between the foreign ministers of the 15 European Union countries and 13 nations on the southern and eastern rims of the [.

Subscribers only Energy 19.04.1995

Madagascar
RAVONY ROOTS FOR IMF

Prime minister Francisque Ravony has come out again for his preference for dialogue with the International Monetary Fund, which he [...]

Subscribers only 17.04.1995

Congo
GOVERNMENT SELLS ELF CONGO STAKE

No sooner had a law been adopted to allow the government to sell its stake in Elf Congo than the [...]

Subscribers only Energy 05.04.1995

Congo
END OF THE OIL-STATE

The government last week took a major step towards privatization as championed by the IMF and World Bank when it [...]

Subscribers only Energy 22.03.1995

Cameroon
OIL REFORM UNDERWAY

The International Development Association will decide in April whether to [...]

Subscribers only Energy 22.03.1995

Spotlight | Madagascar
BID TO REVIVE EXPLORATION

Madagascar intends to open all of its sedimentary zones to oil and gas exploration this year with a revised legislative framework allowing for production sharing accords for the first time instead of the so-called "participation" agreements which prevailed under the [.

Subscribers only Energy 22.03.1995

Tanzania
TIPER'S BACK TO THE WALL

The World Bank has made the closure of the Tanzania-Italy [...]

Subscribers only Energy 08.03.1995

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Guinea Unrefined gold export ban still long way from implementation

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Guinea Unrefined gold export ban still long way from implementation

Ibrahim Traoré

Virtus Minerals

Paul Kagame

Savannah Energy

Denis Sassou-Nguesso

Zimbabwe WORLD BANK FOLLOWS SUIT

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Cameroon IMF AGAIN DEMANDS AUDIT OF SNH

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Spotlight | Cameroon, Chad PIPELINE DELAYED

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Nigeria OSO II IN SERVICE

Tanzania YEAR 2000 START FOR SONGO SONGO

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Kenya NEW DOWNSTREAM HITCHES

Comoros islands PINNED DOWN

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Ethiopia CALUB PROJECT UNDERWAY

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IMF DIDN'T SEE THE GAP

Madagascar
ETERNAL PROBLEM OF FISCAL REVENUE

Nigeria
KADUNA SLATED FOR PRIVATIZATION

Spotlight | West Africa
LAST OBSTACLES TO GAS PIPELINE

Cameroon
IMF AGAIN DEMANDS AUDIT OF SNH

Madagascar
NEW PLANS WITH IMF

Benin
WORLD BANK LOAN ON WAY

Madagascar
PRIVATIZATION LOOMS FOR SOLIMA

Djibouti
FRENCH TREASURY STRAIGHT IN ITS BOOTS

Spotlight | Cameroon, Chad
PIPELINE DELAYED

Cameroon, Chad
NEW PIPELINE BARGAINING

Nigeria
OSO II IN SERVICE

Tanzania
YEAR 2000 START FOR SONGO SONGO

Zimbabwe
IMF LETTER TO MUGABE

Madagascar
PRIVATIZATION TIMETABLES

Chad
GREENS FRET OVER PIPELINE PLAN

Spotlight | Africa
ENVIRONMENT, MARKET APPROACH GAINS GROUND

Tanzania
IMF CONTENT

Senegal
HYDRO QUEBEC BIDS FOR SENELEC

Cameroon, Chad
PIPELINE CAUGHT IN CROSSFIRE

Madagascar
SLOWCOACH PRIVATIZATION

Madagascar
MAYBE HELP FOR PRIVATIZATION

Cameroon, Chad
PIPELINE WAITS IDA GREEN LIGHT

Spotlight | Madagascar
WORLD BANK SECRETS

Cameroon, Chad
KICKOFF FOR PIPELINE

Ivory Coast
IMPACT OF CRUDE OIL PRICE SLUMP

Gabon
IMPACT OF CRUDE PRICE DROP

Niger
IMF PUSHES FOR EXPLORATION

Algeria
GHADAMES BASIN THE ENGINE OF GROWTH

Spotlight | Canada
UNDER WORLD BANK'S WATCHFULL EYE

Madagascar
TAKING A CLOSE LOOK

Madagascar
GLENCORE PROJECTS

Spotlight | Ethiopia
SOFTLY, SOFTLY

Kenya
NEW DOWNSTREAM HITCHES

Comoros islands
PINNED DOWN

Niger
NIGELEC ON THE AUCTION BLOCK

Ethiopia
CALUB PROJECT UNDERWAY

Ethiopia
TWO STUDIES FOR BEICIP

Spotlight | Africa
FRANCE'S NARROW GREENHOUSE EFFECT PIPELINE

Tanzania
LIBERALIZATION HALFWAY HOME

Gabon
OCELOT LANDS ITS PERMITS

Sao Tome and Principe
FREE TRADE ZONE IDEA RE-SURFACES

Equatorial Guinea
SCRAMBLE AT MALABO

Uganda
PROMISES, PROMISES

Uganda
DONORS SEEM FAVOURABLE

South Africa
RAPPROCHEMENT WITH IMF

Zambia
BP AND AGIP MARKETING AFFILIATES PRIVATIZED

Nigeria
PRIVATIZATION FOR OIL INDUSTRY?

Ethiopia
THREE WORLD BANK PROJECTS

Ethiopia
MOVING TOWARDS IMF ACCORD

Mozambique
WHAT'S IN THE PIPELINE

Mali
TWO IDA LOANS APPROVED

Djibouti
IMF PROGRAMME

Congo
PRIVATIZATION WITH CURBS

Spotlight | Djibouti
SWING TO AUSTERITY

Spotlight | Mozambique
DR. IMF'S CASTOR-OIL

Spotlight | Mozambique
GET THINGS MOVING

Kenya
STEP BY STEP REFORMS

Tanzania
GOVERNMENT STILL RULES OUT TIPER PRIVATIZATION

Nigeria
LNG PROJECT UP AND RUNNING

Madagascar
TWO-MISSION BALANCE SHEET

Kenya
THE POINT WITH DONORS

Tanzania
AGREEMENT ON SONGO SONGO