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Central Africa
West Africa
Eastern Africa and the Horn
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In Focus | Africa
Facing courts and shareholders, Monaco Resources Group living on borrowed time - and money

The Monaco Resources Group holding company was co-founded by Axel Fischer. © Studio Pachamama // Shutterstock.com // eFesenko/Alamy banque d'images // YouTube

Saddled with more than a billion euros in debt, Monaco Resources Group has become entangled in its own financial schemes. In terms of its logistical, agricultural and mining operations in Africa, the holding company has experienced a string of failures.

Subscribers only Finance, Mining, Commodity traders

Central Africa

DRC
Kinshasa hones Sicomines strategy ahead of talks with Chinese partner

President Felix Tshisekedi has asked his ministers and advisers to set out the key requests the government will take to the Chinese part of Sicomines. The two sides need to meet to negotiate a 'review' of its mining convention.

Subscribers only Infrastructure, Mining

Central Africa
FATF-affiliated action group holds out hope for more World Bank aid

The World Bank's $4m aid package used to run GABAC, an anti-money laundering action group in Central Africa, will expire this year.

Subscribers only Finance, Diplomacy

Burundi
President Ndayishimiye sharpens communications strategy for port of Bujumbura

Colonel Jean-Baptiste Biherengende, Burundi's former ambassador to the DRC, was recently named MD of the Maritime, Port and Railway Authority and is actively looking for a communications consultant.

Subscribers only Infrastructure

Central African Republic
Nicolae Buzaianu goes for gold in Bangui

Swiss-Romanian businessman Nicolae Bogdan Buzaianu wants to invest in gold in CAR. He met with President Faustin-Archange Touadera to discuss buying or building a foundry there.

Subscribers only Mining, Business

West Africa

Guinea
From Istanbul, Alpha Condé disrupts his party's plans

The ousted president did not warn his Rassemblement du Peuple de Guinée party when he made a recent bid to remobilise his supporters. Some party bigwigs are annoyed at the move as it jeopardised their own attempts to discreetly revive the erstwhile leading political movement.

Subscribers only Politics

West Africa
In Bruxelles, Coalition of the Sahel to thrash out new strategy

Members of the Sahel Coalition will meet in Brussels on 27 March under the leadership of Djimet Adoum. The approach to be taken after Mali's withdrawal from the G5 Sahel last year will be on the agenda.

Subscribers only Diplomacy

Eastern Africa and the Horn

Kenya
Ruto allies' strategy to beef up their presence in Europe

Kenya's ruling coalition wants to boost its influence among Kenyans living in Europe, who voted massively for the opposition leader in last year's elections. To achieve this, it hopes to set up mobile consulates in cities without diplomatic representation.

Subscribers only Diplomacy

Southern Africa and islands

Angola
Saipem and Sapura compete for ENI's Q&M pipeline build

Angola could significantly increase its gas production by 2026 thanks to the development of the Quiluma and Maboqueiro (Q&M) fields. Project leader ENI is in the process of selecting its service providers.

Subscribers only Energy

North Africa

Tunisia
Washington drags its feet over final phase of Tunisian-Libyan Border Security Project

Tunisian soldiers stand on a sandbank of the anti-jihadi fence, near Ben Guerdane, eastern Tunisia, close to the border with Libya, the 6th of February 2016. © Mohamed Messara/EPA/MaxPPP

Launched in 2016 the project is suffering from the increasingly frosty relations between the administration of Joe Biden and President Kais Saied.

Subscribers only Defence, Diplomacy

Algeria
Repair of damaged ferry delayed amid row over customs fees

Ferry Tassili II of the Algérie Ferries company, on 12 June 2018. © McCasius/Alamy

A disagreement between Algérie Ferries and the national shipwright company is likely to prevent repairs to the Tassili II, which collided with a dock in November, being carried out on schedule.

Subscribers only Infrastructure

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