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Central Africa
West Africa
Eastern Africa and the Horn
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Spotlight | Southern Africa
Gemfields scales back emerald and ruby ambitions in southern Africa

Gemfields CEO Sean Gilbertson at the African Mining Indaba 2022 conference in Cape Town, South Africa, 11 May 2022. © Shelley Christians/Reuters

The world leader in coloured gemstones has scaled back operations in Zambia and Mozambique after disappointing auctions. In Madagascar, the British group is no longer welcome in the sapphire sector after it brought a corruption case against an adviser to Andry Rajoelina.

Subscribers only Mining

Central Africa

Gabon
Ex-Energy Minister Jeannot Kalima takes the fall for Karpowership case

Former energy minister Jeannot Kalima, who was behind the deal signed last year with the Turkish operator Karpowership to supply Libreville with electricity, had been in the firing line of several presidential advisers.

Subscribers only Energy, Politics

West Africa

Ivory Coast
Israel limits military equipment sales to Abidjan

Israel's Ministry of Defence is restricting the export of military equipment to Ivory Coast, fearing the presidential vote later this year could lead to political instability.

Subscribers only Defence

Ivory Coast
Cost of new African Development Bank HQ revealed

The African Development Bank's old premises in Abidjan will be demolished to make way for new ultra-modern buildings. According to estimates, they will cost $700m.

Subscribers only Infrastructure

Ghana
Why IFC is supporting cocoa trade via local bank

The International Finance Corporation, the World Bank’s private investment arm helmed in Africa by the Franco-Portuguese Sérgio Pimenta, is due on 17 February to consider a $40m loan to Societe Generale Ghana, a 57%-owned subsidiary of the French bank Société Générale.

Subscribers only Commodity traders

Eastern Africa and the Horn

Kenya
Ruto pins hopes on Russia to relaunch his Eldoret fertiliser factory

Russian Foreign Minister Sergey Lavrov with President William Ruto in Nairobi, Kenya, 29 May 2023. © State House of Kenya/Anadolu via AFP

Already looking ahead to the 2027 elections, the Kenyan president made a series of promises to sugar cane growers and their local political representatives during a visit to his stronghold in early January.

Subscribers only Politics, Business

Africa
Former US ambassador Tibor Nagy in running for major State Department role

Rumours of appointments to the US secretaries of state positions are becoming clearer, in particular that of the former ambassador to Guinea and Ethiopia, Tibor Nagy, to the post of under-secretary of state for management at the State Department.

Subscribers only Diplomacy

North Africa

Morocco
Compagnie Minière de Touissit terminates Glencore contract

Shortly after the ousting of Luc Gérard Nyafé, the new management of the Compagnie Minière de Touissit, led by Abdellah Mouttaqi, reached an amicable agreement to end its exclusivity deal with the Swiss trader Glencore.

Subscribers only Mining, Commodity traders

Morocco
Paris and Rabat honour each other at respective agricultural trade fairs

Designated as guest of honour at the Salon International de l'Agriculture in Morocco, to be held from 21 to 27 April, France will in turn be showcasing Morocco at this year's Salon International de l'Agriculture and Sommet de l'Elevage.

Subscribers only Diplomacy

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