BGFIBank

Cameroon
Cotton kingpins fine-tune fertiliser purchasing strategy after 2024 fiasco

The CNPC-C is relaunching its agricultural input supply campaign with a call for tenders for 52,000 tonnes. Following a season marred by delivery delays and financial setbacks, the confederation is set to adjust its payment terms.

Central African Republic
Tamoil RCA's assets at risk of being seized by BGIFBank

The banking group is claiming €7 million from the Rochefort International subsidiary and threatening to seize its collateral assets. This is another blow for the marketer, more than a dozen of whose service stations have already been seized by the state.

Palace Intrigues
Brice Clotaire Oligui Nguema, Muhammadu Sanusi II, Nicolas Sarkozy

Intrigues big and small: every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

GabonPresident Oligui Nguema digs Ebomaf's luxury Airbus

NigeriaMedina, stage of confrontation between Emir Sanusi and his predecessor Bayero

AfricaNicolas Sarkozy guest of honour at French law firm Forward

Gabon
Oyima steps down at top of BVMAC, successor as-yet unknown

The new economy minister is preparing to resign from his other duties, including that of chairman of the Central African Stock Exchange. Brice Clotaire Oligui Nguema hopes this post will go to someone from Gabon.

Congo
Premium Capital Securities has freeze on its accounts removed

Premium Capital Securities was suspected of having ties with the former deputy treasury director, Armel Silvère Dongou.

Gabon
Battle brewing to head Brice Clotaire Oligui Nguema's cabinet

While the presidential office underwent a major reshuffle this month, the most strategic position is still occupied by Arthur Lemami. However, three people close to the head of state are vying to replace the chief of staff.

Gabon
Algest Consulting discreetly advises government on debt

The consultancy's boss, Ivorian banker Ibrahim Magassa, has just finished reprofiling Gabon's debt. On 25 March, he also organised a meeting between the main regional bankers and President Oligui Nguema.

Gabon
Brice Clotaire Oligui Nguema launches a vast reprofiling of public debt

The transitional president is preparing an exchange of debt securities to postpone this year's financial deadlines. The operation, worth more than FCFA 1,000bn, must be completed before the 12 April presidential election.

Palace Intrigues
Alassane Ouattara, Bassirou Diomaye Faye, Denis Sassou-Nguesso, Brice Clotaire Oligui Nguema, Faustin-Archange Touadéra

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

West AfricaAlassane Ouattara, Bassirou Diomaye Faye and Umaro Sissoco Embaló's secret WAEMU meeting

Central African RepublicThe bitter battle for access to Touadéra

GabonPascaline Bongo calls on Sassou for support

Gabon
Flight of businessman Hervé Patrick Opiangah makes waves within junta

Brice Clotaire Oligui Nguema's former mines minister, who is wanted for questioning by the police after having been accused of incest, has solid support within the national transition committee and outside Gabon.

Gabon
Pascaline Bongo tries to buy time to save Delta Synergie

She is seeking a postponement of the deadline for the firm to sell its stake in BGFIBank Holding Corp.

Palace Intrigues
Denis Sassou-Nguesso, Nadia Fettah, Rachida Dati

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Republic of CongoSassou hosts VIP bankers in Oyo stronghold

MoroccoReluctant Nadia Fettah reappointed finance minister

MadagascarRachida Dati clashes with collections curator over royal relics