Finance

DRC
Finance Minister Doudou Fwamba considers issuing a eurobond

Finance Minister Doudou Fwamba Likunde is looking into issuing a eurobond, working in close collaboration with the presidential cabinet headed by Anthony Nkinzo Kamole.

Palace Intrigues
Denis Sassou-Nguesso, Nadia Fettah, Rachida Dati

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Republic of CongoSassou hosts VIP bankers in Oyo stronghold

MoroccoReluctant Nadia Fettah reappointed finance minister

MadagascarRachida Dati clashes with collections curator over royal relics

Congo
Brazzaville sets up mining investment firm

The mining minister's legal adviser has registered the firm ahead of a string of anticipated ICC rulings.

Nigeria
Africa Energy Bank calls on services of consultancy firms PwC and BrandComms

The secretary general of the African Petroleum Producers' Organization has hired several companies to help with the new pan-African bank, including PwC, which is working on a future strategy.

Palace Intrigues
Faustin-Archange Touadéra, Patrice Talon, Othman Benjelloun

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

CARTouadéra and presidential party contribute to adviser's funeral

BeninTalon to receive French ambassador's credentials

MoroccoBank of Africa boss Othman Benjelloun as sought-after as ever

Libya
Washington wants to stay at Libyan Central Bank's side

The US recently offered technical assistance to promote transparency at the Libyan Central Bank (LCB) under the institution's new management.

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.

Cameroon
The millions lost by Société Générale's mobile payment service Yup Cameroun

Yup Cameroun, Société Générale Cameroun's mobile payment service, has cost its shareholders millions of dollars.

Tunisia
US banks eye Tunisian market

Jean-Michel Saliba, Middle East-North Africa director at Bank of America's investment division, BofA Securities (formerly Bank of America Merrill Lynch), led a delegation of US financiers this month to Tunis.

Ivory Coast
French ex-minister's venture capital fund for Africa seeks investors

Launched last March by the French firm Ring Capital, the venture capital fund Ring Africa, dedicated to startups in French-speaking Africa, hosted a closed-door presentation in its Paris office in early October with about 20 potential investors in attendan

Niger, Nigeria
Abuja cosies up to Niamey to fight illicit financial flows

Nigeria, which hopes to be removed from the FATF's 'grey list' next year, is keen to revive cooperation with other states in the Chad basin to fight against financial crime and the terrorist groups.

Cameroon
More than one buyer keen on Commercial Bank Cameroon

There has been strong interests in recent weeks for the portion of shares the Cameronian state is selling in Commercial Bank Cameroon.