Proparco

Ivory Coast
Abidjan's new archbishop reconsiders predecessor's projects

Appointed last year by the pope, Ignace Bessi Dogbo intends to put on hold the construction of a vast real estate complex worth a total of €60m, in partnership with the French Duval group.

The New Guard
Ivory Coast, Africa, Gabon

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

Ivory CoastHimra, a rapper courted by Ivorian elite

AfricaSandra Kassab, the new AFD head who's hit the ground running

GabonRose Ougoumeboué, discreet face of Nguema's election campaign

Cameroon
European officials expected at Nachtigal dam inauguration

The dam on the Sanaga River will be inaugurated on 3 April.

Ghana, Ivory Coast
International Finance Corporation mulls major loan to Swiss cocoa trader Ecom

The sum in question is $230m.

The New Guard
DRC, Libya, Kenya

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

DRC Tania Eyanga, venture capital campaigner

Libya Amal Naaji, champion for women in business

Kenya Stella Agara seeks to rally African youth

Ivory Coast
BNP Paribas pulls out of Ivory Coast

BNP Paribas's management will leave is Ivorian branch Banque Internationale pour le Commerce et l'Industrie de Côte d'Ivoire (BICICI) on 15 February, after it was purchased by the Ivorian state in September.

France
Cameroon and Senegal are the main beneficiaries of Macron's FARM initiative

Backed by the European Union, France's FARM initiative has resulted in the creation of a system of concertation among public and private parties in the cereals sector. Egypt and Algeria have decided not to take part but Senegal and Cameroon have seized the opportunity.

Ivory Coast
Charles Kié's SBNA consortium fails to buy CGRAE's shares of Orabank

Led by Ivorian banker Charles Kié and former AfDB president Donald Kaberuka, the SNBA joint venture has failed to wrap up the takeover of the Caisse générale des agents de l'Etat's (CGRAE) shares in the Orabank group.

North Africa
Maghreb Union's BMICE bank seeks raison d'être

Despite limited means and a governance paralysed by political rivalry, the Maghreb Bank for Investment and Foreign Trade is hoping to develop its activities. It is considering opening its capital to new partners and is increasing cooperation with international funders.

Namibia
Mangrove to start uranium prospecting next door to Rosatom in eastern Namibia

The Namibian company Mangrove led by Leefa Ndilula should soon start prospecting for uranium on its vast exploration permits in the Kalahari Desert, right next to Russian nuclear giant Rosatom's project.

Tunisia
EBRD doles out €30m for Scatec's two solar projects

Approximately €15m has been allocated by the bank for each of the two solar power plant projects in the regions of Sidi Bouzid and Tozeur.