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Finance

Uganda
Major changes afoot in banking sector

Despite the arrival of international players, doubts remain as to the robustness of the financial sector.

Subscribers only Finance, Business 28.02.2020

Tanzania
Rabobank and Bank of Tanzania fall out over NMB Bank

Two years on from the departure of the CEO of National Microfinance Bank (NMB Bank), Ineke Bussemaker, the appointment of [...]

Subscribers only Finance, Business 28.02.2020

Madagascar
Pangea IT to tighten controls on e-payments

The Israeli firm Pangea IT is in the process of setting up an electronic payment system for state employees which will enable the government to keep close tabs on those in its employ…

Subscribers only Finance, Business 28.02.2020

Uganda
Kwame Rugunda banks on cryptocurrency

On 5 February, the MP Mwine Mpaka urged the government to outlaw companies using Ponzi schemes and accused it of [...]

Subscribers only Finance, Politics 28.02.2020

Tunisia
Herbert Smith and Quinn Emanuel drop Tunis in BFT affair

The law firms Herbert Smith Freehills and Quinn Emanuel Urquhart [...]

Subscribers only Finance, Business 27.02.2020

Djibouti
World Bank supports GHIH wind farm via a Mauritian company

The bank has provided a $100.81 million guarantee for a wind farm in Djibouti through the Mauritian-registered Djibouti Wind Co. The Djiboutian sovereign wealth fund Great Horn Investment Holding is financing the project, together with the Africa Finance Corp, Dutch development bank FMO and the Climate Fund Managers fund.

Subscribers only Finance, Energy, Business 26.02.2020

Mauritius
AfricInvest set to open new $500m fund and two offshore companies

The Tunisian private equity firm is preparing to launch a new fund, AfricInvest Fund IV. To create it, the company has registered two new offshore companies in Mauritius, supplementing the score of firms it already owns there.

Subscribers only Finance, Business 26.02.2020

Morocco
BMCE and CCCC still negotiating on prices at Tanger Tech

BMCE Bank and construction giant China Construction Communication Co (CCCC) have delayed until June the signing of a contract for [...]

Subscribers only Finance, Business 20.02.2020

Benin
FAGACE still looking for a new director general

Regional fund FAGACE, which has been without its top executive since October, has decided to extend the process of recruiting a new one. It has been looking for a change of direction and structure for several years after having suffered major financial difficulties.

Subscribers only Finance 19.02.2020

Mauritius
Dos Santos firms lodging at Rogers House, the command centre of the Espitalier-Noël family group

Three of Isabel dos Santos' husband Sindika Dokolo's firms have found a home within the Port-Louis offices of Rogers Capital Corporate Services, the offshore management branch of the Espitalier-Noël family-controlled company ENL.

Subscribers only Finance 19.02.2020

Angola
In-house shake-up at Gemcorp, the state's favourite financier

Having become in just a few years the Angolan state's leading financial partner, the Russian-British investment firm has lost one of its key executives.

Subscribers only Finance, Business 19.02.2020

Gabon
BGFIBank in court in Paris

On 18 February, the Paris court of appeal ruled that [...]

Subscribers only Finance, Business 19.02.2020

Morocco
Rabat's inventive attack to destroy Carlyle's claim

One of Morocco's four objections could entirely wash away Carlyle's $400 million claim over the liquidation of the Samir refinery.

Subscribers only Finance, Energy 18.02.2020

Spotlight | Guinea
Mota Engil teams up with AFC to clinch coastal road contract

Guinean Minister of Public Works Moustapha Naïté (see Africa Intelligence dated 22/01/2020) is soon to convene a roundtable of companies that have expressed interest in the coastal road project. We understand advanced discussions are under way between the Guinean authorities [.

Subscribers only Infrastructure, Finance 17.02.2020

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Finance

Uganda
Major changes afoot in banking sector

Tanzania
Rabobank and Bank of Tanzania fall out over NMB Bank

Madagascar
Pangea IT to tighten controls on e-payments

Uganda
Kwame Rugunda banks on cryptocurrency

Tunisia
Herbert Smith and Quinn Emanuel drop Tunis in BFT affair

Djibouti
World Bank supports GHIH wind farm via a Mauritian company

Mauritius
AfricInvest set to open new $500m fund and two offshore companies

Morocco
BMCE and CCCC still negotiating on prices at Tanger Tech

Benin
FAGACE still looking for a new director general

Mauritius
Dos Santos firms lodging at Rogers House, the command centre of the Espitalier-Noël family group

Angola
In-house shake-up at Gemcorp, the state's favourite financier

Gabon
BGFIBank in court in Paris

Morocco
Rabat's inventive attack to destroy Carlyle's claim

Spotlight | Guinea
Mota Engil teams up with AFC to clinch coastal road contract

Gabon
Monaco Resources puts up fight for cargo-handling dividends

Morocco
EU to rule on 18 February regarding tax advantages contained in Morocco's 2020 budget

Algeria
BNP Paribas protects its shares in Fertial after ETRHB defaults

Mauritius
How the Ah-Chuen family manages some of Isabel dos Santos' fortune

Morocco
Offshore tax reforms prompt tussle with EU

West Africa
BNP hopes for political neutrality as it sells off its subsidiaries

The weekly summary

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Ibrahim Traoré

Virtus Minerals

Paul Kagame

Savannah Energy

Denis Sassou-Nguesso

Finance

Uganda Major changes afoot in banking sector

Tanzania Rabobank and Bank of Tanzania fall out over NMB Bank

Madagascar Pangea IT to tighten controls on e-payments

Uganda Kwame Rugunda banks on cryptocurrency

Tunisia Herbert Smith and Quinn Emanuel drop Tunis in BFT affair

Djibouti World Bank supports GHIH wind farm via a Mauritian company

Mauritius AfricInvest set to open new $500m fund and two offshore companies

Morocco BMCE and CCCC still negotiating on prices at Tanger Tech

Benin FAGACE still looking for a new director general

Mauritius Dos Santos firms lodging at Rogers House, the command centre of the Espitalier-Noël family group

Angola In-house shake-up at Gemcorp, the state's favourite financier

Gabon BGFIBank in court in Paris

Morocco Rabat's inventive attack to destroy Carlyle's claim

Spotlight | Guinea Mota Engil teams up with AFC to clinch coastal road contract

Gabon Monaco Resources puts up fight for cargo-handling dividends

Morocco EU to rule on 18 February regarding tax advantages contained in Morocco's 2020 budget

Algeria BNP Paribas protects its shares in Fertial after ETRHB defaults

Mauritius How the Ah-Chuen family manages some of Isabel dos Santos' fortune

Morocco Offshore tax reforms prompt tussle with EU

West Africa BNP hopes for political neutrality as it sells off its subsidiaries

The weekly summary

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Uganda
Major changes afoot in banking sector

Tanzania
Rabobank and Bank of Tanzania fall out over NMB Bank

Madagascar
Pangea IT to tighten controls on e-payments

Uganda
Kwame Rugunda banks on cryptocurrency

Tunisia
Herbert Smith and Quinn Emanuel drop Tunis in BFT affair

Djibouti
World Bank supports GHIH wind farm via a Mauritian company

Mauritius
AfricInvest set to open new $500m fund and two offshore companies

Morocco
BMCE and CCCC still negotiating on prices at Tanger Tech

Benin
FAGACE still looking for a new director general

Mauritius
Dos Santos firms lodging at Rogers House, the command centre of the Espitalier-Noël family group

Angola
In-house shake-up at Gemcorp, the state's favourite financier

Gabon
BGFIBank in court in Paris

Morocco
Rabat's inventive attack to destroy Carlyle's claim

Spotlight | Guinea
Mota Engil teams up with AFC to clinch coastal road contract

Gabon
Monaco Resources puts up fight for cargo-handling dividends

Morocco
EU to rule on 18 February regarding tax advantages contained in Morocco's 2020 budget

Algeria
BNP Paribas protects its shares in Fertial after ETRHB defaults

Mauritius
How the Ah-Chuen family manages some of Isabel dos Santos' fortune

Morocco
Offshore tax reforms prompt tussle with EU

West Africa
BNP hopes for political neutrality as it sells off its subsidiaries