Africa News

DRC : Plantations et Huileries du Congo caught up in battle between state and shareholders

On paper, the revival of Plantations et Huileries du Congo (PHC) has all the makings of a textbook success story for a major agricultural and industrial project in the DRC. Since the company was taken over by a consortium led ​On paper, the revival of Plantations et Huileries du Congo (PHC) has all the makings […]

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Africa : Brice Clotaire Oligui Nguema, Bernard Arnault, Félix Tshisekedi, Abdelmadjid Tebboune, Laurent Gbagbo

Gabon: Bernard Arnault abandons bid to buy Paris mansionFrench billionaire Bernard Arnault is not expected to be the next owner ​Gabon: Bernard Arnault abandons bid to buy Paris mansionFrench billionaire Bernard Arnault is not expected to be the next owner Read More

Africa : Brice Clotaire Oligui Nguema, Bernard Arnault, Félix Tshisekedi, Abdelmadjid Tebboune, Laurent Gbagbo Read More »

Nigeria : Abuja steps up efforts to get off the FATF ‘grey list’

Nigeria is eagerly awaiting the next report from the Financial Action Task Force (FATF). Abuja has taken a number of initiatives since it was place on its ‘grey list’ in February 2023. ​Nigeria is eagerly awaiting the next report from the Financial Action Task Force (FATF). Abuja has taken a number of initiatives since it

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Morocco : Somagec bids for Casablanca shipyard operating concession with Turkey’s Kuzey Star

The family business Somagec, Moroccan port construction leader, is keen to obtain the Casablanca shipyard operating concession. To compensate for its limited experience in ship repair, it has teamed with Turkish sector flagship Kuzey Star. ​The family business Somagec, Moroccan port construction leader, is keen to obtain the Casablanca shipyard operating concession. To compensate for

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South Africa : Pretoria imposes itself in Anglo American’s restructuring plan

Various South African leaders banded together to sink mining giant BHP Group’s $49bn takeover offer for Anglo American, whose board rejected the bid on 29 May.BHP CEO Mike Henry flew from the group headquarters in Melbourne to Johannesburg on 28 ​Various South African leaders banded together to sink mining giant BHP Group’s $49bn takeover offer

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