Mauritius

Nigeria
R28 fund provides possible exit from crisis for junior Chappal Energies

Faced with the risk of default, the oil company's shareholders have finally agreed to a capital increase. This could benefit a major shareholder in the group, which is keen to take control of it.

Madagascar
Trade Minister Andriamadison set to lead new vanilla alliance

The AVM, soon to be under the leadership of Haingotiana Angela Michela Andriamadison, will replace the powerful and strategically important CNV vanilla council at a time when control over its financial assets has become highly contested.

Palace Intrigues
Faure Gnassingbé, Andry Rajoelina, Abdelmadjid Tebboune

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

West AfricaThe 50th anniversary summit of ECOWAS in limbo

MadagascarAndry Rajoelina's Paris trip fails to go unnoticed

AlgeriaDJ Snake shakes things up with impromptu concert in Algiers

Nigeria
Chappal Energies faces collapse after Equinor acquisition

Unlikely to be able to stave off its creditors, the embattled junior oil company is racing to secure emergency financing.

Madagascar
Prime minister chooses new diplomatic adviser

The Malagasy head of government, Mamitiana Rajaonarison, has selected a diplomat, until now posted in France, to replace Ibrahim Norbert Richard, appointed to the Indian Ocean Commission.

Spotlight | Madagascar
The story behind Edgard Razafindravahy's forced resignation from the IOC

Under pressure from the junta led by Colonel Michael Randrianirina, the secretary general of the Indian Ocean Commission ended up taking the initiative by bringing an end to his term, which was nonetheless due to run until 2028.

Mauritius
Industry minister due in Washington to seek substitute to AGOA

Port Louis is seeking to secure a stable and long-term framework that guarantees sustained preferential access to the US market, which is crucial for its exports, particularly in the textile and agri-food sectors.

Madagascar
Crackdown on Rajoelina circle continues

Led by the new head of state, this campaign against supporters of the former president is now also targeting the close associates of Maminiaina Ravatomanga, known as "Mamy", who is currently detained in Mauritius.

Madagascar, Mauritius
Mamy Ravatomanga case threatens Mauritius financial rating

The case involving the billionaire detained in Mauritius on suspicion of money laundering could affect the country's next assessment by the Financial Action Task Force, set to take place in 2027.

Central African Republic, Madagascar
Close Touadéra allies deepen Bangui–Antananarivo axis

A pair of special advisers to the Central African president was received by the head of the Malagasy junta, Colonel Michael Randrianirina, just after he sent an emissary to the Central African capital for talks with senior Wagner figures.

Nigeria
Lagos set to open global finance centre with support from London

Nigeria's economic and financial capital is preparing to launch an international financial centre. To this end, it has received support from TheCityUK, which made its initial recommendations earlier this year.

Madagascar
Ex-prime minister Christian Ntsay files for asylum in France

The former head of Andry Rajoelina's government has just filed an application with the French Office for the Protection of Refugees and Stateless Persons.

Nigeria
Chappal Energies faces crisis after takeover of Equinor assets

Three years on from a deal worth more than $1bn, junior oil firm Chappal Energies has been unable to stabilise its finances, prompting shareholders and creditors to appoint an interim chief executive.

Congo
From France to Mauritius, the legal woes of businessman Alexis Ndinga

A political figure in Pointe-Noire and supporter of President Denis Sassou Nguesso has seen his pharmaceutical group investigated by the French tax authorities.