KPMG

West Africa
Wilfrid Lauriano do Rego builds roadmap for Abidjan-Lagos highway

The newly elected board chair of the ALCoMA transport body has been tasked with getting one of the region's most ambitious infrastructure projets rolling. He will need to convince investors and lenders to contribute $15bn in funds to the corridor.

Libya
UN appoints audit firm to review frozen Libyan funds

The United Nations Security Council will shortly appoint the firm responsible for conducting an audit of all banks holding Libyan funds frozen under the 2011 UN sanctions.

Guinea
Conakry seeks investment bank to issue its first Eurobond

With a view to financing its Simandou 2040 development plan, the country is seeking to raise funds on the international markets. It is expected to announce the investment bank that will guide it through the procedure in the coming weeks.

Egypt
Food and beverage firm Juhayna locks out its Qatari shareholder

Dairy giant Baladna attempted to interfere in the governance of its Egyptian rival, in which it holds a stake, but the Al-Khayyat clan's group suffered a crushing setback.

Guinea
Confusion surrounds Mamadi Doumbouya's mining summit

The Guinean authorities extended invitations for the first Simandou Mining Summit in November but the details still remain unclear. What's more, Conakry has not yet chosen the event service providers.

The New Guard
Cameroon, Sierra Leone, Togo, DRC

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

CameroonAbdoulaye Mouchili, the new face of KPMG in Central Africa

Sierra LeoneDavid Sengeh, Julius Maada Bio's right-hand man aiming for the presidency

Togo, DRCManuel Ntumba, the data governance expert

Central Africa
EY's French-speaking partners gear up for next chapter

The accounting firm's French-speaking offices are to create an independent network to take over from the British giant when it leaves sub-Saharan Africa, scheduled for April 2026. The future entity will be supported at a technical level by the consultancy and audit firm during this transition.

Mozambique
Minister Sengo now presidency's sole point of contact for oil majors

Ricardo Sengo, minister to the presidency for civil matters, has become the sole point of contact for the French and American oil majors, following the withdrawal of João Osvaldo Moisés Machatine.

Cameroon
How Vinka is taking over from PwC in French-speaking Africa

After breaking away from consulting giant PwC, the former partners of the French-speaking Africa branch are getting down to work to ensure the continuity of their contracts with their clients.

The New Guard
South Africa, Kenya, Cameroon

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

South AfricaSechaba Thole, SANPC's new finance man

KenyaPatrick Mbelle, backing youth and the maritime economy

CameroonMeinna Gwet, the woman behind Ecobank's major financing projects

Cameroon
Cameroon orders audit of Eneo as Actis digs in over sale price

Finance Minister Louis-Paul Motaze is struggling to reach an agreement with the British investment fund over the value of electricity operator Eneo. With Actis seeking more than 100 billion CFA francs, Yaoundé is set to assess the state of the network.

Guinea
KPMG draws up strategy for Doumbouya's increasingly costly Simandou 2040 plan

More than 30 consultants from multinational KPMG are working on the ruling junta's new economic strategy. The aim is to use the windfall from Guinea's iron ore mega-project to diversify the economy and boost its growth.