Finance

UAE, Uganda
UAE and Uganda tie the knot tighter

While the UAE police were detaining and questioning Uganda's main opposition politician, the two countries were preparing to sign several major contracts.

The New Guard
Cameroon, Morocco, Mauritania and CAR

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

CameroonJoel Sikam, an entrepreneur working to boost Younde-Paris trade

MoroccoRachid Ennassiri, an energetic energy transition ministry adviser.

MauritaniaSidi-Mohamed Dhaker, the Central Bank's youth asset.

Central African RepublicMartine Kessy Ekomo-Soignet, the voice of young people in CAR.

Ivory Coast
KPMG's Jean-Luc Ruelle to probe Petroci's missing butane

Ivory Coast's leading importer and distributor of cooking gas somehow lost track of several thousand tonnes of its stock earlier this year. One of the word's top auditing firms is now on the case.

West Africa
BRICS' Russian boss Larisa Zelentsova makes her move in Francophone Africa

Accompanied on her tour by her Africa expert, the president of the Brazil, Russia, India, China and South Africa alliance has made the opening of a West Africa headquarters in Senegal official.

South Africa
Pretoria under pressure from FATF for anti-money laundering failings

South Africa could soon be placed under enhanced scrutiny by the international anti-money laundering and counter-terrorism financing organisation. The Ministry of Finance's slow response to the FATF's report has been blamed for this.

Tanzania
Samia Suhulu Hassan keen for Qatari investment

The Tanzanian president is trying to put the Magufuli era and its private sector woes behind the country. She has been sending gestures to reassure its Qatari partners about investing, starting with its gas sector.

Zimbabwe
Chiadzwa diamonds inches towards conclusion

After over six years of legal wrangling, the $375m legal dispute between state-owned miner ZMDC and its former partner in the Chiadzwa diamond field could soon be settled. Zimbabwe's courts want to see the case closed.

Algeria, France
After a slow start, Medef turns to Tebboune-era employers' organisation CREA

On the sidelines of the Franco-Algerian high-level intergovernmental committee held in Algiers on 9 and 10 October, Medef vice-president Fabrice Le Saché had a long discussion with Kamel Moula, president of the Algerian Economic Renewal Council, CREA.

Spotlight | Sudan
Qatar working hard to rebuild its influence in Sudan

Sidelined by its Emirati rival in the wake of the Sudanese revolution, Doha has since sought to regain leverage in the land of two Niles.

Ivory Coast
Achi hopes to cash in on Bouygues shares in HKB toll bridge operator

The Ivorian prime minister would like to get nearly 7 billion CFA francs (€10.6m) for the shares the state bought in Socoprim, operator of Henri-Konan-Bédié toll bridge, from Bouygues in 2021.

Cameroon
Yaoundé waiting to secure finance agreement for Duma ASV350s

Spanish-Belgian defence contractor Duma Engineering has been in talks with authorities in Cameroon for nearly a year but has not yet managed to seal the sale of about one hundred armoured ASV350s.