Ugandan authorities have created a new income tax for oil companies TotalEnergies and CNOOC, but the new bill does not address the question of double taxation, which may lead to a serious decrease in tax revenue.
Private banker Marc Kreiker and Gabonese presidential adviser Kim Oun have been appointed directors of two investment funds set up in Casablanca by the brother-in-law of Gabonese President Ali Bongo. Several offshore companies in Tangier could follow.
The Galaxy school in Bangui, one of the few in Fethullah Gülen's network not to have closed its doors in Africa, is under fresh pressure after Turkey promised to open an embassy in the Central African capital as part of its push to boost its influence there.
The Congolese authorities have contracted Ensight Consulting LLC until the end of September 2022 to support them in their efforts to be eligible for the US Millennium Challenge Corp (MCC) development initiative.
Members states of the club of French-speaking nations have agreed on a €63m budget for 2022. Its foreign ministers are due to meet again next month.
Transactysglasol's mine, which was supposed to breathe new life into the Ivorian diamond sector, has been shut down after just a few months of operation due to yield problems and amid a dispute between its owners.
The dispute between Matthew Stolz's RockWinds trading company and its former Ivorian partner Africa Sourcing, which is claiming back €5m RockWinds invested in cocoa futures, has already been arbitrated in London but is now the subject of proceedings at a Paris court.
The Ugandan president and the country's French ambassor discussed last month the possibility of boosting their defence cooperation through the training of Uganda's mountain troops. These soldiers play an essential role in the fight against rebel groups in the east of DRC which are destabilising the region.
On 2 January the president dismissed his chief financial officer, Abdoulkarim Aden Cher, who had been in charge of this portfolio since 2019. The head of state had pinpointed Cher as a source of tension, and prefers to opt for one of his right-hand men.
Italian engineering firm Renco, which was involved in the construction of the TotalEnergies base in Afungi, has branched out into the building of power plants by acquiring a new branch at the end of last month, Renco Moz Green
Since 27 December, the Portuguese Ministry of Foreign Affairs' Lusophone and Southern Africa Division has had a new boss: Luis Brito Câmara
At the Tunisian presidency, the departures are coming thick and fast. However, the resignation of Hassan Bedhief, economic adviser to Kaïs Saïed, was not supported by head of the cabinet Nadia Akacha.
