World Bank

Madagascar
China's CJIC wins $6m contract for Mandroseza water pump station

In June, Chinese firm CJIC will launch the rehabilitation of the Mandroseza Lake pumping station in Madagascar's capital.

Palace Intrigues
Uhuru Kenyatta, Abdelmadjid Tebboune, Brice Clotaire Oligui Nguema

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

KenyaUhuru Kenyatta's meeting with his new protégé

AlgeriaPCR test, key to the presidential palace

GabonIsrael sends its deputy foreign minister to the presidential inauguration

Morocco
World Bank lends a hand to Société Générale Maroc

The World Bank is offering Société Générale a financing facility to ease its withdrawal from its former Moroccan subsidiary, acquired in 2024 by businessman Moulay Hafid Elalamy.

Kenya
Ruto struggles to forge new alliances ahead of next presidential election

Now halfway through his first term, the Kenyan president is already looking ahead to his bid for re-election in 2027. He is hoping to rally to his cause political heavyweights from the west of the country, but so far they have proved resistant to his overtures.

Tunisia
Slaheddine Lahmar's Socotu hard hit by Tunisian port woes

With Tunisia's port infrastructure slipping down the world rankings year on year, the country's leading logistics company is having to sell off a major asset.

Palace Intrigues
Andry Rajoelina, Denis Sassou-Nguesso, Faustin-Archange Touadéra, Emmanuel Macron

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

MadagascarRajoelina puts on fine spread for Macron

CongoDenis Sassou Nguesso to skip his son's wedding in Dubai

Central African RepublicWelcome gardening leave for Minister of Energy Arthur Bertrand Piri

Central African Republic
Bangui brings backers together around development plan

The Central African government will organise a roundtable in Washington DC on 24 April to secure funding for its 2024–2028 National Development Plan.

Central Africa
CEMAC ministries to meet in Paris to discuss stability challenges

At the invitation of French Minister of Economy Éric Lombard, the ministries of finance and economy of the Economic and Monetary Community of Central Africa will meet on 17 April in France to assess stability in the region.

Gabon
Algest Consulting discreetly advises government on debt

The consultancy's boss, Ivorian banker Ibrahim Magassa, has just finished reprofiling Gabon's debt. On 25 March, he also organised a meeting between the main regional bankers and President Oligui Nguema.

Cameroon
Biya to attend Nachtigal dam inauguration

The Nachtigal dam inauguration ceremony, originally planned for 3 April, has been postponed at the request of President Paul Biya, who wishes to attend.

Madagascar
Base Toliara company speeds up revision of mining investment legislation

Large-scale mining investment legislation could be updated this year, thanks in part to the lobbying of the mines minister by Base Toliara's management.

Gabon
Brice Clotaire Oligui Nguema launches a vast reprofiling of public debt

The transitional president is preparing an exchange of debt securities to postpone this year's financial deadlines. The operation, worth more than FCFA 1,000bn, must be completed before the 12 April presidential election.

South Africa
Bajabulile Swazi Tshabalala's AfDB presidency campaign under the radar

South Africa's Bajabulile Swazi Tshabalala is still hoping to chair the African Development Bank, despite her country's official support for her Zambian rival, economist Samuel Munzele Maimbo.

Somalia
Mogadishu prepares for the return of its development bank

First established in 1968 and then abandoned, the Somali Development and Reconstruction Bank was revitalised in 2024 and will be making its first investments this year. The authorities are currently seeking to attract international funds.

Angola
Threatened with $100m arbitration over Kwanza-Sul cement plant, Luanda keeps silent

The Emirati company ETA Star International, which built the plant, is threatening to take the case to the ICSID. The government has chosen not to respond.

Africa
Consultancy takes part in AfDB presidency recruitment process

Hannah Ryder, managing director of Development Reimagined, is due to meet the figures vying to take over the reins of the African Development Bank.

Tunisia
Construction group SNC-Lavalin completes withdrawal from North Africa

AtkinsRéalis (formerly SNC-Lavalin) is ending its activities in the Maghreb. The Canadian group has been hit by a number of corruption scandals, particularly in Tunisia and Libya.