Africa News

Ivory Coast : Exim Bank, Trump’s weapon against Beijing

US Exim Bank’s new strategy of countering Chinese groups’ activities could lead to a strengthening of its missions on the continent. A delegation from the institution is due to visit Abidjan shortly. ​US Exim Bank’s new strategy of countering Chinese groups’ activities could lead to a strengthening of its missions on the continent. A delegation

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Kenya/Nigeria : Nigerian reinsurer Continental Re gears up for its return to the stock market

Nigerian reinsurer Continental Reinsurance (Continental Re) plans to re-list this year on one of the African stock exchanges, excluding the […] ​Nigerian reinsurer Continental Reinsurance (Continental Re) plans to re-list this year on one of the African stock exchanges, excluding the […] Read More

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Libya : NOC prevents three Swiss companies from seizing its shares in Mabruk Oil Operations

After several years of setbacks in the battle waged by the National Oil Corp (NOC) against three Swiss companies, Jallouli […] ​After several years of setbacks in the battle waged by the National Oil Corp (NOC) against three Swiss companies, Jallouli […] Read More

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Morocco : Moulay Hafid Elalamy makes his business comeback surrounded by trusted allies

Late last year, the businessman and former minister Moulay Hafid Elalamy (MHE) drew on 30 years of experience of running his own holding company, Saham, to pull off the coup of acquiring Société générale Maroc (SGM), the Moroccan subsidiary of the leading French bank Société générale (AI, 21/11/24). Meanwhile, he was also appointed chairman of

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Senegal : Dakar’s secret €300m arms contract

The financial difficulties that have plagued President Bassirou Diomaye Faye’s administration for months did not prevent the Ministry of the Armed Forces, headed by Birame Diop, from signing a major arms contract at the end of November. The contract, worth […] ​The financial difficulties that have plagued President Bassirou Diomaye Faye’s administration for months did

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