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MOZAMBIQUE

Casino mogul Guo Manyi expands his mining activities

Best known for his involvement in Maputo casinos, Guo Manyi has recently boosted his mining investments in Mozambique, focusing on heavy sands. [...] (167 words)

Issue dated 08/01/2021

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Mining

Ethiopia considers liberalising gambling

The Ethiopian government is considering withdrawing from the gambling sector, which is largely run by the National Lottery Administration, and is working on new regulation. [...]

From left to right : Nigeria soccer player Jay-Jay Okocha with BetKing CEO Byron Petzer and Chief Operations Officer Neil Bothma. © Betking

Focus

AFRICA Business 18/01/2021

Online betting explosion leaves Africa's casinos for dust

Thanks to the widespread availability of mobile payments in Africa, online betting is developing fast all over the continent and competing with the gaming clubs which brought fame and fortune to a handful of European entrepreneurs there in the 1980s and 1990s. [...]

The Total gas project in Mozambique. © Total

Spotlight

MOZAMBIQUE Defence Energy 07/01/2021

Total calls on army to secure Afungi facility site in Cabo Delgado

As the jihadist insurgency's attacks approach its gas facilities, Total has turned to the country's armed forces. For their part, the Mozambican authorities have been using foreign mercenaries. [...]

SOUTH AFRICA MOZAMBIQUE ANGOLA Politics 14/12/2020

Danilo Nhantumbo, from PR guru to presidential golf impresario

Former presidential PR man Danilo Nhantumbo now promotes Frelimo and MPLA policies to business by organising Filipe Nyusi and João Lourenço's golfing events. [...]

Danilo Rodrigues Domingos Nhantumbo. © LinkedIn

AFRICA PORTUGAL Diplomacy 11/12/2020

Aga Khan smooths over gaps in Portuguese diplomacy

Influential in Lisbon and Maputo, Nazim Ahmad, the Aga Khan's top diplomat, is weighing in on resolving the conflict in Cabo Delgado. [...]

Prince Shah Karim al-Husaini, better known as the Aga Khan. © Andy Rain/EPA/Newscom/MaxPPP

Mozambican president Filipe Nyusi. © REUTERS

Spotlight

MOZAMBIQUE Defence Business 10/12/2020

Paramount and Lionel Dyck massively boost Nyusi's firepower

Defence firms Dyck Advisory Group and Paramount have cornered the counter-insurgency market in Mozambique. Paramount will provide the army with ground an air support, while Dyck is extending his collaboration with the police. Both are due to heavily equip Mozambique's forces. [...]

WEST AFRICA Business 07/09/2020

Macau's Chow dynasty plans to reduce spending on its giant Cape Verde casino project

The Covid pandemic has forced Macau Legend, the casino group headed by Macau business magnate David Chow and his family, to reduce the scale of its development plans in West Africa. [...]

CAPE VERDE Business 01/07/2020

Chow family plays musical chairs with its giant Santa Maria casino

Macau casino king David Chow handed over the reins of his group to his wife on 17 June and postponed the inauguration of its vast project in Cape Verde. [...]

Hong Kong billionaire David Chow. © Bobby Yip/Reuters

Spotlight

ANGOLA Mining 10/12/2019

Lourenço's hype over copper assets works on Anglo American and Pengxin

Angolan President João Lourenço has been working hard to convince foreign firms to invest in the country's diamond sector (AMI 451) but also its copper assets and his efforts are beginning to pay off. The London and Johannesburg-based mining giant [. [...]

MOZAMBIQUE Business 25/01/2019

A mini Las Vegas funded by Macau

Maputo is facilitating a wave of Chinese investment in the country and gambling clubs are proliferating. And it's the Asians who are scooping in the pot. [...]

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MOZAMBIQUE
Anglo American
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