Spotlight | Central Africa, West Africa
From Yaoundé to Dakar, Société Générale's troubled divestments

Cameroon
The courts to examine decisive expert report in Ecobank–Wadivo dispute

After more than two years of legal proceedings, the standoff between the country's eighth‑largest bank and the company founded by Moyo Kamgaing is entering a critical phase. An audit of the alleged wrongdoing is to be examined during a hearing at the Douala court of first instance on 26 March.

West Africa
Société Générale's former executives set up own consulting bank

A handful of former senior African executives from the banking institution are preparing to officially launch a new structure called Tomasteed Alternative Credit Advisors.

Cameroon
How Vinka is taking over from PwC in French-speaking Africa

After breaking away from consulting giant PwC, the former partners of the French-speaking Africa branch are getting down to work to ensure the continuity of their contracts with their clients.

Cameroon
Commercial Bank of Cameroon's sale hostage to differences within government

In spite of two competing offers, the purchase of the state's shares in CBC is on hold at the presidency. The decision is being held back by political divisions on the issue.

The New Guard
Sudan, Cameroon, Morocco

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

SudanMohanad Orabi, the other youth voice for peace

CameroonAurélie Chazai, the lawyer who's a link between the state and business community

MoroccoNajwa Awane, new flag bearer for parasports

Cameroon
Cameroon orders audit of Eneo as Actis digs in over sale price

Finance Minister Louis-Paul Motaze is struggling to reach an agreement with the British investment fund over the value of electricity operator Eneo. With Actis seeking more than 100 billion CFA francs, Yaoundé is set to assess the state of the network.

Cameroon
Following on from Geocoton, Baba Danpullo plans to pull out of Sodecoton

Cameroonian business magnate Baba Danpullo, a minority shareholder in cotton producer Sodecoton, has been trying to sell his shares since the beginning of the year. This follows on from the company's French strategic partner, Geocoton, announcing its own withdrawal.

Cameroon
New round of talks on nationalising electricity operator Eneo

A delegation from the Ministry of Finance is in Paris to negotiate the sale of the Actis fund's stake in Eneo.

Cameroon
Coris Bank in lead to buy local Société Générale

The government and the bank's Paris head office have agreed on a potential buyer for the subsidiary, which is the second-largest bank in the country.

Senegal
Société Générale Sénégal: potential buyers prepare to pounce

After having indicated that they wanted to take control of the Senegalese subsidiary of France's Société Générale banking group, the Senegalese authorities could now backtrack. This opens the door to the possibility of a private sector buyer.