A small group of Turkish and Algerian billionaires are serving as the advance guard for President Erdogan in Algeria. They stand ready to replace French entepreneurs, who are increasingly losing support in the North African country, and compete with the omnipresent Chinese.
Faced with inquiries into the company's governance, production at a virtual standstill and finances in the doldrums, Sama Lukonde has taken over the helm of a Gécamines teetering on the brink. In a bid to shore up the Congolese state-owned mining company, he has promised to pay salary arrears with immediate effect.
After pulling out of Mozambique, the South African firm Sasol is now in process of leaving Gabon. Revelations.
Despite a series of meetings between Felix Tshisekedi's office and Sylvestre Ilunga Ilunkamba's government, the deepwater Banana port project is still distilling discord within the top Congolese executive.
As a sign of the new balance of power in Libreville, the entourage of two of the country's leading women - first lady Sylvia Bongo and president of Gabon's constitutional court Marie-Madeleine Mborantsuo - has come away with the lion share's of the new government positions.
Plans being laid by bigwigs in Uhuru Kenyatta's Jubilee Party for the 2022 presidential elections are endangering the alliance which the Kenyan president is patiently building with his rival Raila Odinga.
By repealing its tax treaty with Mauritius at the end of June, Zambia wants to prevent the country's multinational mining companies, such as Glencore, First Quantum or Vedanta, from avoiding local taxes.
The Covid-19 pandemic has not stopped Angola's hydrocarbons regulatory body, the ANPG, from signing a risk service contract (RSC) with American super major ExxonMobil for the offshore exploration of block 30 in Namibe Basin.
PAL Aerospace has given up on any attempt, at least for the time being, of reviving its maritime surveillance and anti-piracy contract in the Indian Ocean with the United States Africa Command, AFRICOM.
To preserve its economic and security interests in Libya against Ankara, Rome is trying to get closer to Fayez Sarraj's government in Tripoli.
President Kais Saied has brought down the government just as it was negotiating crucial financial aid with international donors.
