Central Bank

The New Guard
Guinea, Cameroon, Egypt and Zimbabwe

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

GuineaMoussa Moise Sylla, the former journalist who earned Doumbouya's trust

CameroonGuy Gweth, catalyst of Francophone economic intelligence

EgyptRami El-Dokany, from the Arab Federation of Capital Markets to the Egyptian Exchange.

ZimbabweJoana Mamombe, a youthful asset for Nelson Chamisa's presidential ambitions.

Ivory Coast
Charles Kié's SBNA consortium fails to buy CGRAE's shares of Orabank

Led by Ivorian banker Charles Kié and former AfDB president Donald Kaberuka, the SNBA joint venture has failed to wrap up the takeover of the Caisse générale des agents de l'Etat's (CGRAE) shares in the Orabank group.

Kenya
NIS director opts for early retirement rather than work for Ruto

Philip Kameru has decided to step down two years before the end of his term. A key member of Kenyatta's administration, he is not on good terms with VP William Ruto, who just won the 15 August presidential election.

Egypt, Russia
Cairo poised to adopt alternative Russian payment system to sidestep sanctions

Following the invasion of Ukraine and ensuing sanctions on Moscow, Visa and Mastercard bank cards issued in Russia no longer work outside the country. In order to keep attracting Russian tourists despite this ban, Egyptian banks have decided to take on the former's payment system, Mir.

Somalia
Abdusalam Omer, the new Somali envoy to the EAC

Abdusalam Omer, appointed by the new Somali president Hassan Sheikh Mohamud to represent his country at the East African Community, is familiar with the workings of regional diplomacy.

DRC, Israel, United States
Dan Gertler under FBI investigation

U.S. authorities are investigating possible circumvention of the sanctions they have put in place against mining magnate Dan Gertler in DRC. Dan Gertler claims he knows nothing about these investigations and has complied with the sanctions.

Guinea, West Africa
Doumbouya confident of facing down ECOWAS

ECOWAS leaders are making no secret of their irritation with the head of the Guinean transition Mamadi Doumbouya, who has disregarded their calls for a short transition period. He believes his country has sufficient cards in its hand to weather any potential sanctions.

Guinea, Mali
Sanctions against Bamako deal blow to Conakry interconnection project

The construction of the electricity interconnection between Guinea and Mali has been significantly slowed due to the African Development Bank's (ADB) decision in April to suspend its disbursements to Bamako.