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Central Africa
West Africa
Eastern Africa and the Horn
Southern Africa and islands
North Africa

Spotlight | DRC
Freed from US sanctions, Dan Gertler plays for time to keep his blocks

Having won a temporary reprieve from US sanctions, billionaire Israeli businessman Dan Gertler is trying to keep control of his oil exploration permits in DRC without carrying out any work on them. He is relying on force majeure to get his way.

Subscribers only Energy

Central Africa

DRC
Kinshasa spends nearly $1m restoring relations with IMF

A contract signed with US law firm Baker McKenzie, which was negotiated by the Congolese presidency before being signed by the finance minister, is intended to enable the DRC to resume negotiations with the International Monetary Fund.

Subscribers only Politics

Chad, Morocco
Moroccan businessman Rahal Boulgoute targets Chad gold

Marita, a subsidiary of Rahal Boulgoute's construction group, has joined forces with Chad's state-owned company SONAMIG to develop mining projects in the Sahelian country.

Subscribers only Mining

West Africa

Africa, Equatorial Guinea
Portuguese-speaking countries go all out to integrate Equatorial Guinea

Equatorial Guinea, the most recent member of the Community of Portuguese Language Countries, is struggling to get the language off the ground. Its lethargy has irritated some at the CPLP, which has decided to make the issue one of its battlegrounds for 2021.

Subscribers only Business

Africa, France, United Kingdom
Olivier Colom, one of Sarkozy's ex-diplomatic aides, branches into sovereign advisory in Africa

Olivier Colom last year set up a boutique consulting firm specialising in providing financial advice to governments. © Elodie Gregoire/REA

Olivier Colom, closely linked to Egyptian tycoon Naguib Sawiris, who placed him on the board of Endeavour Mining and then at Euronews, previously worked in the diplomatic unit of the Elysée Palace under Nicolas Sarkozy.

Subscribers only Business

Niger
Issoufou prepares for life after the presidency

Nigerien President Mahamadou Issoufou. © Ludovic Marin/POOL/EPA/Newscom/MaxPPP

As he prepares to hand over his position as head [...]

Subscribers only Politics

Eastern Africa and the Horn

Eritrea
Qatar National Bank sues Asmara for $280m

After attempting a path through the British courts in 2018, the Qatari state bank has turned to the United States to try and recover sums lent to Eritrea more than a decade ago.

Subscribers only Finance, Business

Southern Africa and islands

Mozambique
Archipelago sets its helicopters to work for Filipe Nyusi's police

Like the Dyck Advisory Group, Archipelago, the helicopter operator now working for the Mozambican police and interior minister Amade Miquidade, is linked to the group of companies in charge of protecting national parks. It is also active in tourism in Cabo Delgado.

Subscribers only Business

South Africa
Wealth managers reassure their clients after government's tax announcements

South Africa's main asset managers have been putting their wealthy clients' minds at rest: there will be no tax increases for 2021. However, the regularisation of illegal offshore structures remains a point of concern.

Subscribers only Finance, Business

North Africa

Algeria
Complex web of relations behind energy ministry shake-up

Mohamed Arkab, back as Algeria's energy minister. © Christian Bruna/EPA/Newscom/MaxPPP

Abdelmadjid Attar has paid the price of his clash with Sonelgaz and Sonatrach bosses, Chahar Boulakhras and Toufik Hakkar, leaving the ministry of energy after just eight months at the helm.

Subscribers only Energy

Algeria
Intermarine to mine-proof navy with two more MCMVs

Italy's Intermarine will delivery two mine countermeasure vessels (MCMV) to the Algerian navy this year to add to the two ships already received by Algiers. But the sacking of navy commander Mohamed Larbi Haouli could rock the boat of its security cooperation with Rome.

Subscribers only Defence, Business

Libya
IsDB plans its return to Tripoli

The Islamic Development Bank (IsDB) is actively preparing to open a branch in Tripoli. It has been actively looking for a representative who would report to their regional office in Rabat.

Subscribers only Finance, Business

Tunisia
Jamel Ksibi's Bonna and MTT bag SONEDE contracts

Bonna Tunisie, a subsidiary of Bonna Sabla France, has confirmed its position as a favoured service provider for Société Nationale d'Exploitation et de Distribution des Eaux (SONEDE) for coastal hydraulic projects.

Subscribers only Business

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