SENEGAL : TotalEnergies, Eramet and ICS brace for further supply disruptions
The political unrest in Dakar at start of the month disrupted logistic chains for industrial and mining firms across the...
Month : June 2023
NIGERIA : Tinubu reforms imperil Ebury and Wema Bank’s forex business model
One of the first measures taken on 14 June by Nigeria’s new president Bola Ahmed Tinubu was to liberalise the country’s foreign...
NIGER : Brussels to play key support role in border protection
Security cooperation between the European Union and Niger is set to intensify in the months to come. Now that the...
ANGOLA : French scepticism douses Lourenço’s agricultural fervour
Foreign firms interested in taking root in Angola have a new contact to call. On 8 June, José de Lima Massano took up his seat...
ANGOLA : Lourenço’s associates find a rich seam in rare earths, copper, manganese and gold
Some senior figures in the governing Movimento Popular de Libertação de Angola (MPLA) have minority stakes in mining companies through...
AFRICA : Nigeria, Guinea, Uganda
Nigeria: Wale Ayeni, African startup financierWale Ayeni attended last week’s Viva Tech trade fair in Paris to convince his audience...
IVORY COAST : Abidjan stings Cargill with hefty tax fine
The Ivorian authorities have hit Cargill West Africa with a tax reassessment of over CFA Francs 100bn (€152.5m), further straining already tense...
DRC : Kinshasa turns to the mining companies for fresh funds
Eurasian Resource Group (ERG) chief executive Benedikt Sobotka paid a discreet visit to Kinshasa in mid-May to meet President Felix Tshisekedi. Among the subjects for...
MOROCCO : Rabat edges closer to the creation of a debt recovery market
The project is running late but is eagerly awaited by Abdellatif Jouahri, governor of Morocco’s central bank, Bank al-Maghrib. Work...
SOUTH AFRICA : TotalEnergies takes step back from offshore block 3B/4B
TotalEnergies CEO Patrick Pouyanné has decided to apply the brakes on his ambitions in South Africa. Exasperated by waiting on...
