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Central Africa
West Africa
Eastern Africa and the Horn
Southern Africa and islands
North Africa

Spotlight | Gabon
Behind Genevan trader Augusta's return to Libreville

The entrance of an oil refinery of Gabonese Refining Company SOGARA in Port-Gentil, Gabon, January 2017. © Justin Tallis / AFP

The Swiss trading company Augusta Energy is set to regain the contract to distil SOGARA's atmospheric residue, which it lost in 2020 under the previous Gabonese administration. Under the new deal, the trader has agreed to drop legal proceedings in exchange for $25m in compensation.

Subscribers only Energy

Central Africa

Inner circles | Congo, Ivory Coast
Banker Ibrahim Magassa dispenses financial advice from Abidjan to Brazzaville

At the comparatively young age of 44, the French-Ivorian banker has established himself as a leading adviser to indebted states, initially to Ivory Coast and then to Congo and Ghana. He can rely on a solid network of contacts in Paris, not least at the investment bank Rothschild.

Subscribers only Finance

Gabon
Brice Clotaire Oligui Nguema plays the Abu Dhabi investment card

Under pressure from the IMF, the Gabonese government is hoping to nurture closer ties with the United Arab Emirates. A delegation headed by a prominent Emirati businessman is currently in Libreville and various diplomatic initiatives are underway.

Subscribers only Finance, Energy, Diplomacy

West Africa

Ivory Coast
Ouattara to dine with Macron at Élysée Palace on 1 February

The Ivorian and French presidents will dine together at the Élysée Palace on 1 February. On the agenda of this luncheon is the handover of the base housing the French forces stationed in Ivory Coast and possibly this year's presidential election.

Subscribers only Diplomacy

Niger
European Commission sends humanitarian envoy to restore relations with Niamey

In November, the European Union recalled its ambassador to Niamey against a backdrop of disagreement over humanitarian issues. However, Brussels is now seeking to calm relations with Niger.

Subscribers only Diplomacy

Eastern Africa and the Horn

South Sudan
Juba launches programme to clean up public finances

The Canadian company FreeBalance has been awarded a two-year contract worth around $15m, financed by the World Bank, to improve the management of South Sudan's public finances.

Subscribers only Politics

Southern Africa and islands

Madagascar
Ministry of Finance increases tax burden on businesses

In anticipation of future payments from the International Monetary Fund, which will be holding its next board meeting in March, the finance minister has tightened the conditions for companies facing a tax reassessment.

Subscribers only Finance

North Africa

Libya
How Khalifa Haftar and Abdelhamid Dabaiba sacrificed NOC boss

Khalifa Haftar (left) and GNU Prime Minister Abdelhamid Dabaiba. © Abdullah Doma/Mahmud Turkia/AFP

Farhat Omar Bengdara's replacement by one of his lieutenants, Masoud Suleiman Musa, enables Libya's two strongmen to maintain their shared control of the National Oil Corporation.

Free access Energy, Business

Morocco
French Senate president due in disputed Western Sahara in February

"Friend of Morocco" Gérard Larcher will visit the contested territory in the south of the kingdom next month to check on the progress of development projects.

Subscribers only Diplomacy

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