Archives

The New Guard
DRC, Madagascar, Congo, Botswana

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

DRCMatthieu Kayoka, Kabila's party diplomatic adviser

MadagascarLova Rinel, former adviser to Rajaonarimampianina, majority candidate for France's parliamentary elections

CongoLoic Mackosso, Brazzaville's ubiquitous financial adviser

BotswanaFrom London to Paris, Kaene Disepo the campaigner from Gaborone

Guinea
French foreign office Africa director met Mamadi Doumbouya in discreet tête à tête

The head of the Guinean transition, Colonel Mamadi Doumbouya, met very inconspicuously on 12 May with Christophe Bigot, Director of Africa and the Indian Ocean at the French Ministry of Foreign Affairs.

Kenya
Tea giant KTDA opts to generate its own electricity to reduce production costs

The group has told its energy subsidiary to set up new hydroelectric power plants to enable it to reduce its dependence on the national electricity company, which is struggling to bring down its prices.

Somalia
Abiy alliance takes a hit after Farmajo defeat in Somalia

Hassan Sheikh Mohamud has regained possession of the Villa Somalia presidential palace, five years after the end of his first term in office. His election is likely to upset the balance of regional alliances.

Angola
Luanda to test competitiveness of its mining legislation

Angola plans to ensure that the legal framework for its mining sector makes it attractive for investors, as the country is hoping that the industry will boost its economic growth in the coming years.

South Africa
Seriti Resources tightens its grip on New Largo, Eskom's future coal supplier

The South African firm, which regroups four influential holding companies, has supplied the state utility's coal-fired power stations since 1998. It is now the sole owner of the vast New Largo project, which is set to supply the new Kusile power plant.

Angola
Galp plans offshore exit to finance cash calls for Africa and Brazil

The Portuguese firm is seeking to divest its interests in two Angolan producing blocks operated by Chevron. It is reorganising its portfolio in order to finance cash calls on its most promising blocks in Africa and in Brazil.

Algeria, France
As they return to Algiers, French bosses caught between old and new worlds

Representatives of more than a dozen major French companies will later this month pay their first visit to Algiers in five years. But the government is unhappy with their umbrella organisation's continuing collaboration with a counterpart entity associated with the ousted Bouteflika administration.

Tunisia
Tunis defaults on legal costs to ICSID in BFT case

Tunisia has failed to make its final payment to the World Bank arbitration tribunal, which could result in it being ordered to pay several hundred million dollars in compensation to ABCI Investments. Proceedings are unlikely to be suspended.