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The New Guard
Senegal, South Africa, Uganda

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

SenegalTidjane Deme, Partech Africa's business angel

South AfricaLerato Nkabinde, a CFO with a passion for education

UgandaPiloya Babra Nyeko, NRM's successor in the north

Equatorial Guinea
Cypriot creditor sets sights on Malabo's Parisian real estate

A French court has confirmed the seizure of three buildings belonging to Equatorial Guinea on behalf of Chantway Trading. The property targeted by the Cyprus-based company owned by a Russian businesswoman, includes 42 Avenue Foch, which houses the Equatorial Guinean embassy.

Chad
N'Djamena turns to Brussels for funds to disarm and reintegrate rebels

Following its stalled negotiations with Qatar, the Chadian government is hoping to persuade the European Union to fund its Disarmament, Demobilization and Reintegration (DDR) programme, that was a key part of the Doha peace agreement.

Ivory Coast
Ouattara won't play ball over rising CAN 2023 costs

Ivory Coast's PM has rejected a new call for additional funding from the Organising Committee of the African Cup of Nations. This decision comes as President Ouattara is privately annoyed by the football tournament's considerable cost overruns.

Ivory Coast, Morocco
With AFCON 2023, Richard Attias makes yet another foray into African sport

Richard Attias & Associates will organise the opening and closing ceremonies of the 2023 African Cup of Nations, which kicks off in Abidjan in January. The Moroccan businessman is also already planning to do the same for the competition's 2025 edition in Rabat.

Ethiopia
Ethiopia's National ID Program scrambles to make up for lost time

The Ethiopian government agency running the scheme has forged partnerships with a range of institutions to speed up the delivery of identity cards. It is also working on sprucing up its image.

Kenya
World Bank provides $250m to help Kenya make state spending more transparent

President William Ruto's administration has managed to bag more international funding. The World Bank on 29 November approved a $250m credit aimed at improving the Kenyan government's management of state funds.

South Africa
Army of consultants mobilised to forge South Africa's future state oil company

Five well-known South African consultancies, including Kearney, Mazars and Cliffe Dekker Hofmeyr, have been asked to provide legal and technical support to the Central Energy Fund (CEF). The aim is to merge three of its subsidiaries into a single state-owned company.

Morocco
McDonald's may pass boycott woes onto its suppliers

The Moroccan franchise of the US fast food giant is examining its options, even the most painful, to counter the wave of boycotts it has been facing.