International Monetary Fund

Central African Republic
Cameroon's Neptune Oil under pressure in CAR

Faced with a worsening fuel crisis, Central African Republic lawmakers and the IMF want Energy Minister Arthur Bertrand Piri to end an exclusive deal with Cameroon's Neptune Oil.

Palace Intrigues
Patrice Talon, Dominique Strauss-Kahn, Macky Sall, Guillaume Soro, Félix Tshisekedi

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

BeninStrauss-Kahn on a mission in Cotonou

Ivory Coast/SenegalSoro's phone call to Sall

DRCNew National Assembly president to decide on finance minister's immunity waiver

Mali
Gradual thaw in Paris-Bamako relations

France looks set to resume issuing visas to Malian nationals, stalled for several months. It is a potential first step towards normalising relations.

Angola
Angola's Pedro Makita begins new life as MP

Pedro Makita, former governor of Cuanza-Nord provinces, is making his return to Angola's National Assembly as an MPLA lawmaker.

Central African Republic
Discreet Parisian meeting between Touadéra and Tamoil RCA boss

Enguerrand Rochefort met the CAR president in Paris last week to discuss the problems his company faces in the Central African market.

Kenya
Kenya Airways budget subsidiary makes loss for fourth year running

Despite an upturn in the aviation sector, Jambojet has not managed to take off again. The company is suffering heavily from the depreciation of the Kenyan shilling and is seeking to diversify its activities to protect itself.

Tunisia
Tunis hatches unlikely plan to fill state coffers

Tunisia’s finance ministry is preparing a bill that would give the state rapid access to fresh money. Various attempts made so far have not produced results deemed satisfactory. But the new bill also looks likely to fail.

Kenya
Multi-billion dollar tax shortfall thwarts Ruto's economic plans

The Kenya Revenue Authority has collected considerably fewer shillings than expected, greatly irking President William Ruto's economic advisers and prompting a dressing down from the Treasury.

Kenya
Nairobi takes aim at regional development money pits to appease IMF

Six regional development authorities that rack up almost $2bn of debt every year with little to show for it are to come under close scrutiny. Nairobi is keen to persuade the International Monetary Fund, which approved a new $938m facility last year, that it's serious about budget cuts.

Central African Republic
Energy minister Piri thwarts Rochefort International's revival plans

The Paris-based investment bank is struggling to revive TotalEnergies' former subsidiary in the Central African Republic. The energy ministry has decided to go with a single fuel supplier, Cameroon's Neptune Oil, to the detriment of the distributor's margins.

Kenya
Turbulent Kenya Airways privatisation prompts government rethink

The national carrier's woes are putting off potential private sector buyers. As the government mulls reviving a different kind of sell-off scheme for its stake, the airline has put some of its own plans on hold.

Morocco
Bruno Le Maire exploits diplomatic thaw to talk business in Rabat

French economy minister Bruno Le Maire is due to take part in April's Morocco-France 2024 Business Forum organised by Medef International and the General Confederation of Moroccan Enterprises.

Ethiopia
IMF considers backing new Ethiopian liberalisation plan

The IMF is understood to be ready to back a new Ethiopian economic reform plan, which, among other things, will open up the retail distribution sector to foreign investors.