TotalEnergies

South Africa
Defence minister spills beans on cost of military missions abroad

Two months after being questioned by an opposition MP, Defence Minister Thandi Modise at last specified the cost of two of the @SANDF_ZA overseas missions.

Gambia, Guinea-Bissau, Senegal
Petronor faces challenging 2023

The Norwegian-Emirati junior PetroNor has a number of irons in the fire. It is trying to get new partners for its blocs in Gambia and Guinea Bissau and is expecting a ruling in its arbitration case against Senegal in a matter of weeks.

Tunisia
DP World weighs anchor at Gabès

The Emirati giant wants to create a 30-hectare logistics zone near the Tunisian industrial port and has teamed up for this purpose with Franco-Tunisian businessman Mohamed Ayachi Ajroudi.

The New Guard
Senegal, Egypt and Namibia

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

Senegal Sijh Diagne, former diaspora banker maps out post Covid-19 recovery plan

Egypt Tino Abdellatif Waked, driving Uber's African growth

Namibia Maggy Shino, young advocate for Namibian gas

Egypt Nada El Ahwal, heiress to a shipping logistics empire

Angola
Angolan oil junior Somoil opens up under boss Dos Santos Sousa

After keeping a low profile for years and nearly going under during the pandemic, Angola's biggest private company Somoil is reinventing itself and opening up under its director general, a former ExxonMobil executive.

Morocco
Paris and Rabat standoff opens window of opportunity for lobbyists

Tensions between Paris and Rabat are giving lobbyists and middlemen something to work with. However the impact of this work is minimal, while the kingdom's main intermediaries in Paris remain somewhat removed from the Elysée.

Ghana, Ivory Coast
Why West African producers snubbed World Cocoa Foundation meeting

The business and political leaders of Ivory Coast and Ghana's cocoa sectors did not attend the partnership meeting between the world's chocolate producers in Brussels this week. Their aim was to put pressure on European decision-makers working on new supply standards.

Spotlight | DRC
Kinshasa strikes military procurement deal with Moscow

The Congolese army recently placed an order for Russian military helicopters, much to the dismay of European powers and Washington.

Spotlight | Nigeria
Lebanese billionaire Chagoury banks on presidential candidate Bola Tinubu

Franco-Lebanese businessman Gilbert Chagoury, who lives in Paris, is banking on Bola Tinubu becoming Nigeria's new president after next year's elections. He is hoping to regain the influence he enjoyed under Sani Abacha, the country's military junta leader in the 1990s.

DRC
Senate criticises $700m tax rebate given to Glencore

In an unpublished parliamentary report, DR Congo senators have objected to the role of President Félix Tshisekedi's office in the 2021 tax breaks granted to Swiss commodity trader Glencore.

South Africa, United States
US military transport plane offer divides South Africa government

Discussions are underway between the US and South Africa to transfer a dozen C130H transport aircraft to help Pretoria fight Islamist militants in Mozambique. But the South African defence minister is reluctant.

Tunisia
Tunisian public works sector plans to invest €11bn on roads

Tunisia's tight government budget has not got the best of the Ministry of Equipment's grand plans. Encouraged by the national federation of building and public works contractors, it wants to invest 35 billion dinars (nearly €11bn) by 2035.

UAE, Uganda
UAE and Uganda tie the knot tighter

While the UAE police were detaining and questioning Uganda's main opposition politician, the two countries were preparing to sign several major contracts.

Gabon
Schlumberger, GE, Spie... the contractors at the heart of a quiet local content revolution

After extending carte blanche for decades, the Ministry of Hydrocarbons has decided to make oil subcontractors' activities conditional on obtaining technical approval. This is a symbolic financial measure, but its implementation is causing concern among the companies concerned.