Africa News

Ghana : Akufo-Addo takes French-Ivorian banker Ibrahim Magassa on as adviser

Corporate bank Algest Consulting chairman Ibrahim Magassa, of dual French and Ivorian citizenship, was co-opted several months ago by Ghanaian […] ​Corporate bank Algest Consulting chairman Ibrahim Magassa, of dual French and Ivorian citizenship, was co-opted several months ago by Ghanaian […] Read More

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Somalia/Sudan : Khartoum, Mogadishu: crises in the Horn the focus of tense UN negotiations

The request should land on the desk of African Union Commissioner for Political Affairs, Peace and Security Bankole Adeoye before the end of the week: Somalia, which is seeking to replace the Ethiopian troops currently present within the AU’s transition […] ​The request should land on the desk of African Union Commissioner for Political Affairs,

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Equatorial Guinea : French court thwarts claim by Malabo’s Cypriot creditor

The Cypriot company Chantway Trading Limited, headed by Russian businessman Andrey Borisenko, will not seize Malabo’s real estate assets in Paris. ​The Cypriot company Chantway Trading Limited, headed by Russian businessman Andrey Borisenko, will not seize Malabo’s real estate assets in Paris. Read More

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South Africa : How state-owned Transnet evaluated ICTSI and APM Terminals’ Durban container bids

A 2022 report filed in the court case contesting the award by South Africa’s rail and port giant of the contract to operate Durban container terminal two is critical of both competing companies. ​A 2022 report filed in the court case contesting the award by South Africa’s rail and port giant of the contract to

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West Africa : Two Vista Bank mainstays exit group

The pan-African banking group has just lost two of its mainstays: Stéphane Ouédraogo and Thierry Hott. Ouédraogo and Hott are both well-connected in the sub-region, and had shared their contacts with Vista Bank. ​The pan-African banking group has just lost two of its mainstays: Stéphane Ouédraogo and Thierry Hott. Ouédraogo and Hott are both well-connected

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Nigeria : Energy minister forced to delay reform plan despite looming cabinet reshuffle

Facing the prospect of a cabinet reshuffle, Adebayo Adelabu has tried to hasten the launch of his new electricity strategy. But the draft plan is currently back in the hands of consultancy firm PwC, which needs to amend it. ​Facing the prospect of a cabinet reshuffle, Adebayo Adelabu has tried to hasten the launch of

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Central African Republic : Wagner covets mining permits granted to Kigali

Several incidents involving the Russian paramilitary group Wagner and Rwandan interests in the Central African Republic have broken out over […] ​Several incidents involving the Russian paramilitary group Wagner and Rwandan interests in the Central African Republic have broken out over […] Read More

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