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JAPAN AFRICA

Afreximbank courts Nissan and other leading vehicle manufacturers

The pan-African Afreximbank run by the Nigerian Benedict Oramah is seeking to cultivate good relations with vehicle manufacturers and with the management of Japan's Nissan in particular. [...] (184 words)

Issue dated 26/02/2021

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Finance Business

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Afreximbank
African Association of Automotive Manufacturers
Benedict Oramah
Covid-19
Ford
Mike Whitfield
Mitsubishi
Mitsubishi Motors
Mitsubishi UFG
Nissan
Peugeot
Renault
Toyota

Obasanjo backs Abidjan's bid for Afreximbank fair

Former Nigerian head of state Olusegun Obasanjo lobbied for Ivory Coast's bid to host the 2023 Afreximbank's Intra-African Trade Fair. [...]

Former Nigerian President Olusegun Obasanjo. © Martial Trezzini/EPA/MaxPPP

CENTRAL AFRICA MOROCCO Business 17/08/2021

Mohammed VI's Tractafric Motors to transfer all interests to Sassou ally

The offshoot of King Mohammed VI's holding company Al Mada is handing over all of its car dealerships in the DRC, Gabon and soon Congo to Sada Motors, a newcomer controlled by a Congolese MP with ties to Denis Sassou Nguesso. [...]

The Congolese deputy and businessman Alexis Ndinga. © Facebook/Alexis Ndinga

ALGERIA Business 01/06/2021

Naftal's LPG conversion scheme yet to reach top speed in wake of failed Polish partnership

Despite the urgency of the project, a plan by energy transition minister Chems Eddine Chitour to get more cars using liquid petroleum gas is still in the slow lane. [...]

GUINEA Infrastructures Mining 22/02/2021

South Africa's Ronnie Ntuli challenges Chinese monopoly on mining railway

Thelo DB, a company chaired by South African businessman Ronnie Ntuli, has been approaching iron ore and bauxite explorers in Guinea to offer rail solutions for their future exports, a sector that has until now been dominated by Chinese giants. [...]

GUINEA Business 08/02/2021

Financial intermediary Lilium Capital targets opportunities in agriculture

Best known in Guinea for its banking activites, financial intermediation specialist Lilium Capital, which works out of New York and Burkina Faso, is looking at projects in agriculture, a sector getting strong support from President Alpha Condé. [...]

AFRICA Finance Business 22/12/2020

Kaberuka wants Africa to secure Covid vaccines with its own means

The former AfDB boss and now banking consultant Donald Kaberuka believes African countries should pay for their Covid-19 vaccines via Afreximbank, led by Benedict Oramah, rather than depend on international hand-outs. [...]

DJIBOUTI Business Document 23/11/2018

Ismail Omar Guelleh's family shifts up a gear on car dealerships

The presidential family is becoming a leading player in the sale of vehicles and is looking to squeeze out its rivals. [...]

Spotlight

MOROCCO Business 09/03/2017

Tourism in Dakhla is royal family business

Mohammed VI’s cousin, Princess Lalla Noufissa El Yacoubi and her family are looking to establish themselves in the hotel business in the Dakhla area, where there is enormous tourist potential. Their investment is reinforcing the "kitesurf diplomacy" that Morocco has [. [...]

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African Association of Automotive Manufacturers
Benedict Oramah
Covid-19
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Mitsubishi
Mitsubishi Motors
Mitsubishi UFG
Nissan
Peugeot
Renault
Toyota

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