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Nigeria

Coca-Cola restructures Ivoirian bottling partnership

The Atlanta-based soft drinks company has been dissolving several of its African partnerships and is currently preparing to part ways with its bottler in Ivory Coast.

Free access Business 05.05.2022

US pockets $16m after settlement with owner of trader Aluko's former villa

US authorities have struck a deal with Sarbonne Estate that grants it ownership of a luxury Californian villa that belonged to the Nigerian trader Kola Aluko. The real estate firm will pay $16m for the privilege.

Subscribers only Energy 03.05.2022

How EU plans to allocate $600m military support package within the AU

On 21 April, the European Union adopted an assistance measure to provide the African Union with €600m in aid over three years. A €170m package has already been set aside for 2022. The package should be put towards the fight against Boko Haram and the AU mission in Somalia but leaves out the G5 Sahel.

Subscribers only Diplomacy 27.04.2022

French firm Prométhée set to launch 20 nanosatellites for Nigeria's space agency

Nigerian science minister Ogbonnaya Onu is expected to sign a memorandum of understanding with the French company Prométhée in May, which is likely to lead to the purchase of 20 nanosatellites destined to contribute to counterterrorism and border security activities.

Subscribers only Defence, Business 25.04.2022

Abuja demands full court of judges in P&ID dispute

In the legal dispute with Process & Industrial Developments (P&ID), Nigeria's attorney is seeking to activate a mechanism whereby all eleven judges of the appeal court of the District de Columbia would sit in judgement on the case, which relates to the failure of a gas project in the Niger delta.

Subscribers only Energy 22.04.2022

How Dakar became West Africa's 'strategic thinking' capital

Over the last decade, Dakar has established itself as the centre of 'strategic thinking' in West Africa. The city boasts a think tank ecosystem where ministers, former generals, researchers and donors mingle.

Free access Diplomacy 20.04.2022

Nigeria's Adetokunbo Ogundeyin to deliver more armoured vehicles to Chad

N'Djamena has made a second order for 20 Ara 2 mine-resistant ambush-protected (MRAP) vehicles from the Nigerian manufacturer Proforce Defence

Subscribers only Defence, Business 20.04.2022

Dakar, the post-Barkhane experiment

In parallel with the withdrawal from Mali, the French army will strengthen the role the Eléments Français au Sénégal's 400 soldiers, whose current boss, General Michel Delpit, will leave his post in the middle of this year.

Subscribers only Defence, Diplomacy 19.04.2022

Dakar is home to 350 French soldiers from the EFS.

Between Mali pullout and Ukraine, French military cooperation budget reaches delicate equilibrium

Despite the reallocation of European security cooperation funds to Ukraine, Paris has made a point of reassuring its West African partners by releasing other funds their way.

Subscribers only Defence, Diplomacy 15.04.2022

From Bamako to Bangui, Walid Arem takes over Libya's problem hotels

Walid Arem has taken over the famed Ledger Plaza hotel in Bangui, which is owned by the Libyan state through its Laico fund and is at the centre of a bitter power struggle. Arem was already running two other Laico hotels in Bamako, as well as a seaside resort in Tunisia.

Subscribers only Business 15.04.2022

Burkinabe business leaders in three-way fight for Orabank

Orabank's re-entry into the market has resulted in three Burkina Faso business leaders battling it out to buy the Togo-based regional banking group.

Subscribers only Finance, Business 14.04.2022

French UAV firm Aeraccess woos Nigerian securocrats, with help from Proforce

A partnership with a Lagos-based armoured vehicle firm to assemble UAVs in Nigeria and a drone academy project in Abuja signal the drone maker's big plans in the country.

Subscribers only Defence, Business 13.04.2022

Shehzaad Callachand (Aeraccess) and Adetokunbo Ogundeyin (Proforce Defense) signed a memorandum of understanding in Abuja.

Competition hots up for Northwestern African constituency between Pro-Macron candidates

The former Maghreb representative of Emmanuel Macron's LREM party, Mehdi Reddad, is gearing up to run for the presidential majority's nomination for the seat of MP for the French nationals in the Maghreb and West Africa.

Subscribers only Politics, Business 13.04.2022

Mehdi Reddad (left) and M'Jid El Guerrab (right).

AFC, Ecobank and Shell loan for OML 29, a $2bn thorn in Aiteo's side

The Nigerian billionaire Benedict Peters' Aiteo is being hounded by its creditors wanting payment on a massive loan it took out in 2014 to purchase OML 29. All attempts at an amicable settlement have failed after many lengthy delays, mostly due to the pandemic.

Subscribers only Energy 08.04.2022

Africair touts US Bell helicopters to General Yahaya

The Nigerian Army, in addition to acquiring attack helicopters, wants to build up a fleet of transport aircraft. The US manufacturer Bell, represented by Robert Prentice of Africair, looks more likely than its competitors Leonardo and Airbus to bag the contract.

Subscribers only Defence, Business 08.04.2022

Bidders face fierce competition for BNP's Ivory Coast subsidiary BICICI

Two West African moguls are poised to make an offer to buy French bank BNP Paribas' lucrative subsidiary in Ivory Coast, the Banque Internationale pour le Commerce et pour l'Industrie de Côte d'Ivoire (BICICI), in what promises to be a bitter battle for its aquisition.

Subscribers only Finance, Business 07.04.2022

BICICI's headquarters in Abidjan, Ivory Coast.

Nigerian billionaire Elumelu teams up with Tullow Oil and Gran Tierra in hope for Shell success

The recent sale of the Shell Petroleum Development Co in 2021 is whetting the appetite of many international and national investors. To maximise his chances of obtaining the Anglo-Dutch major's onshore assets, businessman Tony Elumelu is putting together a formidable consortium.

Subscribers only Energy 07.04.2022

Bolloré's French army foreign operations' contract renewed for over €200m

After much hemming and hawing, French Bolloré Logistics has renewed its contract with the French army in Sahel.

Subscribers only Defence, Business 07.04.2022

Alpha Jet fleet overhaul still struggling to get off the ground

The programme to overhaul Nigeria's fleet of Alpha Jet attack aircraft, which was made a priority by President Buhari, is faltering, and plans to acquire M-346 planes are on hold. This hampers the fight against Boko Haram.

Subscribers only Defence, Politics 06.04.2022

Despite NNPC pre-emption threat, ExxonMobil continues sale to Seplat

Although a clarification meeting was held between the state-owned NNPC, ExxonMobil's Nigerian subsidiary and Seplat, the transfer of the US major's shares in shallow offshore blocks is on the verge of completion.

Subscribers only Energy 06.04.2022

France redeploys its military staff after Mali withdrawal

As the Barkhane convoys leave Mali one after the other, France has already begun to prepare its next steps in the Sahel.

Subscribers only Defence, Diplomacy 05.04.2022

Obiang plans his AU summit in Malabo

Equatorial Guinean President Teodoro Obiang Nguema is scheduled to hold an African Union (AU) summit on humanitarian issues from 25 to 27 May in Malabo.

Subscribers only Diplomacy 01.04.2022

French defence industry arrives in force in Abuja

Representatives of some 20 French companies have booked a string of speed dates with the Nigerian armed forces and police in Abuja next week. The government agency Business France and the French military procurement service DGA will be overseeing this promotional drill.

Subscribers only Defence, Business 31.03.2022

Litigation funder Drumcliffe tries to ensnare JP Morgan in Nigerian asset recovery fight

The litigation funder is lobbying the US Congress to facilitate seizures of assets linked to the Malabu Oil case. Its sights are set on the New York investment bank, which acted as an agent of Abuja in the complex sale and purchase of OPL 245 by Eni and Shell from Malabu Oil & Gas.

Subscribers only Energy 30.03.2022

Buhari's APC war machine gears up to win 2023 polls

The leadership of the ruling APC political party has finally been renewed under the guidance of its state governors. Winning next year's general elections is the sole roadmap for the new leaders, who must help find candidates for the presidential polls.

Subscribers only Politics 30.03.2022

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Gabon
Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Gabon
Gunvor secrets (1/2): the Libreville oil mega-deal mystery

Nigeria

Coca-Cola restructures Ivoirian bottling partnership

US pockets $16m after settlement with owner of trader Aluko's former villa

How EU plans to allocate $600m military support package within the AU

French firm Prométhée set to launch 20 nanosatellites for Nigeria's space agency

Abuja demands full court of judges in P&ID dispute

How Dakar became West Africa's 'strategic thinking' capital

Nigeria's Adetokunbo Ogundeyin to deliver more armoured vehicles to Chad

Dakar, the post-Barkhane experiment

Between Mali pullout and Ukraine, French military cooperation budget reaches delicate equilibrium

From Bamako to Bangui, Walid Arem takes over Libya's problem hotels

Burkinabe business leaders in three-way fight for Orabank

French UAV firm Aeraccess woos Nigerian securocrats, with help from Proforce

Competition hots up for Northwestern African constituency between Pro-Macron candidates

AFC, Ecobank and Shell loan for OML 29, a $2bn thorn in Aiteo's side

Africair touts US Bell helicopters to General Yahaya

Bidders face fierce competition for BNP's Ivory Coast subsidiary BICICI

Nigerian billionaire Elumelu teams up with Tullow Oil and Gran Tierra in hope for Shell success

Bolloré's French army foreign operations' contract renewed for over €200m

Alpha Jet fleet overhaul still struggling to get off the ground

Despite NNPC pre-emption threat, ExxonMobil continues sale to Seplat

France redeploys its military staff after Mali withdrawal

Obiang plans his AU summit in Malabo

French defence industry arrives in force in Abuja

Litigation funder Drumcliffe tries to ensnare JP Morgan in Nigerian asset recovery fight

Buhari's APC war machine gears up to win 2023 polls

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Gabon Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Gabon Gunvor secrets (1/2): the Libreville oil mega-deal mystery

Cabo Delgado: a gas Eldorado and security nightmare

The Renaissance Dam – a national symbol but a regional quandary

West African cocoa cartel battles with the traders

Félix Tshisekedi

Eurasian Resources Group

Nasser Bourita

Mercuria

Mamadi Doumbouya

Nigeria

Coca-Cola restructures Ivoirian bottling partnership

US pockets $16m after settlement with owner of trader Aluko's former villa

How EU plans to allocate $600m military support package within the AU

French firm Prométhée set to launch 20 nanosatellites for Nigeria's space agency

Abuja demands full court of judges in P&ID dispute

How Dakar became West Africa's 'strategic thinking' capital

Nigeria's Adetokunbo Ogundeyin to deliver more armoured vehicles to Chad

Dakar, the post-Barkhane experiment

Between Mali pullout and Ukraine, French military cooperation budget reaches delicate equilibrium

From Bamako to Bangui, Walid Arem takes over Libya's problem hotels

Burkinabe business leaders in three-way fight for Orabank

French UAV firm Aeraccess woos Nigerian securocrats, with help from Proforce

Competition hots up for Northwestern African constituency between Pro-Macron candidates

AFC, Ecobank and Shell loan for OML 29, a $2bn thorn in Aiteo's side

Africair touts US Bell helicopters to General Yahaya

Bidders face fierce competition for BNP's Ivory Coast subsidiary BICICI

Nigerian billionaire Elumelu teams up with Tullow Oil and Gran Tierra in hope for Shell success

Bolloré's French army foreign operations' contract renewed for over €200m

Alpha Jet fleet overhaul still struggling to get off the ground

Despite NNPC pre-emption threat, ExxonMobil continues sale to Seplat

France redeploys its military staff after Mali withdrawal

Obiang plans his AU summit in Malabo

French defence industry arrives in force in Abuja

Litigation funder Drumcliffe tries to ensnare JP Morgan in Nigerian asset recovery fight

Buhari's APC war machine gears up to win 2023 polls

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Gabon
Gunvor secrets (2/2): the hidden clauses of the Assala Energy buyout

Gabon
Gunvor secrets (1/2): the Libreville oil mega-deal mystery