Infrastructure

Morocco
Setec and Heerim Architects miss out on Casablanca airport development

French engineering heavyweight Setec International and South Korea's Heerim Architects & Planners lose out on Casablanca airport's infrastructure development programme.

Angola
The Lobito Corridor, a golden opportunity for drone surveillance specialists

The handover to new operators of the railway that links Kolwezi in DR Congo to the Angolan port of Lobito offers an opening for infrastructure inspection firms. French start-up ROAV7, already well-established in Central Africa, hopes to get in on the action.

Senegal
Will Economy Minister Oulimata Sarr be the first victim of a reshuffle?

With presidential elections set for February 2024, the Ministry of Economy, headed since September 2022 by Oulimata Sarr, could be first in the firing line of a future reshuffle.

Angola
Brazil's Infraero goes all out to run Luanda's new international airport

The Brazilian airport service provider is set on bagging the contract to run the Angolan capital's international airport and has the full support of President Luiz Inácio Lula da Silva to achieve that goal.

Morocco
Morocco national utility firm ONEE blacklists Portugal's Prospectiva

Portuguese engineering firm Prospectiva has been accused of fraud and has been blacklisted by Morocco's national water and power company ONEE for the next five years.

Ivory Coast
French head of Millennium Challenge Account steps down, due to Biden administration's wishes

French national Florence Rajan-Haudebert had been head of Ivory Coast's Millennium Challenge Account, an important tool for cooperation between Washington and Abidjan, since 2018, but was recently forced to step down.

Guinea
China Railway Seventh Group wins contract to link Guinea and Guinea-Bissau

China Railway Seventh Group has finally won the contract to build the road from Boké in Guinea-Conakry to Québo in Guinea-Bissau. The contract is worth €39m.

Congo
US fund Lilium Capital prepares billion-dollar investment in Congo

American fund Lilium Capital is finalising the details of an investment of nearly a billion dollars in the country, alongside Afreximbank and Ecobank.

Gabon
Handling Partner Gabon fights for its survival

The Libreville airport handling company has amassed significant losses that are now being compounded by a leadership crisis, casting doubt over whether it will continue to operate beyond 2023.

The New Guard
Kenya, Senegal, Morocco

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

KenyaNicholas Koros, money without borders

SenegalMary Fall, Aissata Tall Sall's omnipresent photographer

MoroccoNisrine Iouzzi takes the lead on "Dakhla-Atlantique"

DRC
Sama Lukonde's government plans major budget cut in 2024

The DRC authorities are forecasting a slight fall in growth for 2024, to around 6.4%, due to a drop in the price of raw materials. The upshot of this is a reduction in the budget forecast from $16bn to $14bn.

Egypt
Military companies set to keep their tax breaks

The law recently approved by the Egyptian parliament to end tax exemptions for public and military companies should spare a large swathe of the armed forces' business activities. The new legislation is part of reforms demanded by the IMF.

Spotlight | Mauritania, Senegal
GTA domestic gas not due to arrive in Senegal or Mauritania before 2025

BP and Kosmos Energy plan to begin production in the Grand Tortue offshore LNG project early next year, but the pipelines and power stations needed to supply Mauritania's and Senegal's domestic markets are far from ready.

Morocco
Eurologistique beats Bouygues for RN4 road extension contract

Moroccan firm Eurologistique, based in Temara and headed by Mohamed Benbrahim, has won the tender to build another lane on the 16-kilometre stretch of road linking Sidi Slimane to Sidi Kacem.