Cameroon
Albert Kouinche, deprived of Victor Fotso and battling Orange Money, fights for his group's survival

The founder of the Express Union money transfer service, Albert Kouinche, whom billionaire and fellow Bandjoun native Victor Fotso kept under his wing for many years, has been badly hit by competition from mobile money services. Kouinche, an MP from the ruling CPDM party, is being kept afloat by state contracts and is trying to diversify into the hotel business. [...]
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Cameroon
New light shed on Fotso empire as heirs fight on

After operating without releasing any figures for the past three years, the FOV real estate company has had to lift the veil on its accounts for 2020, the year its founder Victor Fotso died. These reveal a raft of transactions that took place around the time of the Cameroonian billionaire's death and which continue to fuel a bitter battle between his heirs.

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