Italian oil major ENI is preparing to carry out a high-speed cutback programme at one of its oldest African subsidiaries. It has called in an investment bank to take charge of selling its Congolese assets on which it is not operator.
A meeting on the controversial subject of VAT payments by mining companies in the DRC had been due to take place in the offices of the Chamber of Mines. When NGOs, and civil society bodies made it clear they wanted to take part, however, another venue was found and the meeting took place out of the public eye.
President Félix Tshisekedi has tasked the French lawyers of UK firm Holman Fenwick Willan (HFW) to urgently settle the last points of contention with Dubai port operator DP World over Banana Port.
Following Gilles Huberson's sudden recall to Paris last week, the French foreign ministry has moved quickly to appoint a successor.
Given the seismic shift in Guinea's ship fuelling market Octogone's arrival has caused, the minister of maritime economy has officially sent the minister of budget clarification about the situation.
Now active in business, the former diplomat has been doing the rounds of mining firms in Guinea to sell gas that can be converted into electricity.
Anticipating a rocky presidential election, Ivorian security forces are making numerous equipment orders, sparking intense competition among suppiers. Backed by Qatar and already well established in Chad, Sudan and Nigeria, Turkey's Barer is positioning itself to take a bite out of the Ivorian market.
Already listed as ethical refiners, Rwanda's LuNa Smelter and South Africa's AU Traders and Refiners and Rand Refiners are well placed to benefit from the new European Union regulation.
After eight months of talks with the national oil company ENH, the creator of Frontier Services Group has definitively pulled out of his LNG logistics joint venture.
The Angolan head of state calls on HSBC for his large infrastructure projects. The bank's latest loan, granted in September, will go towards the construction of new roads.
The decline in the influence of interior minister Fathi Bachagha is good news for Mustafa Gadur, the leader of Tripoli's most powerful militia who has been calling for months for Bachagha to be dismissed.
Just two years after his appointment, French defence attaché Renaud Devouge has been replaced by Colonel Stéphane Richou, who will have to improve relations with the military.
