In its efforts to gain sway in the Sahel, Russia is increasingly forging links with Burkina Faso's political and civil society circles. In so doing, it enjoys the unprecedented support of Wahhabist organisations. So far, the government has turned down Wagner's advances.
Stéphane Descazeaud, the new MD of Cameroon's brewery, Société Anonyme des Brasseries du Cameroun, a subsidiary of French giant Castel, has to make peace with the government.
Nere Mining, which bought Burkina Faso's Karma gold mine from Endeavour Mining in March, recently told the authorities that it was worried about the security situation around the site. It is also in the middle of negotiations regarding the relocation of a cemetery on land where it intends to start mining shortly.
The former governor of Lagos, Bola Tinubu, easily secured the candidacy of the ruling party All Progressives Congress with the support of key figures that will back him in his race for president in February 2023.
On 9 June, the embassy of Burkina Faso hosted an event for business leaders and journalists to promote the 7th edition of the country's Africallia forum.
Busera Awel, currently vice-president of Ethiopian Airlines (EAL), in charge of strategic planning and partnerships, is due to retire in July, Africa Intelligence has learnt. The company has reportedly identified a replacement.
Greg Mills, head of South Africa's Brenthurst Foundation, is showing himself to be increasingly influential with Zambian head of state Hakainde Hichilema. He has recently brokered talks on such major issues as the opening of an Africom bureau in Lusaka and a multi-million dollar investment programme in Zambia by First Quantum Minerals.
As the country gears up for the general elections in September, miners have been able to put a freeze on the mining tax reform. Given the rocky political climate, it is not likely to be back on the table before the end of the year.
As a World Bank report published on 1 June expresses concerns about the business climate in Madagascar, the country's private sector is still hopeful Madagascar will join OHADA, an organisation of 17 Africa states bound by a system of business laws.
Veolia and Suez are hoping that a state visit by the French president would help overturn Morocco's "political" refusal to authorise the transfer of shares in Lydec, the economic capital's water and electricity utility. But no such visit is planned for the moment.
The dispute between the US engineering giant and its insurers over the Algerian Hadjret En Nouss thermal power plant has so far only played out in US courts but it could very soon find itself handling an arbitration case in Geneva.
The traditional representatives of French companies established in Libya plus their state and private partners will meet at the end of the month at the initiative of MEDEF International and the Franco-Libyan Chamber of Commerce.
