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Gabon
Bongo clan takes back control of the country's sovereign fund

After having been headed for 10 years by Serge Mickoto, the husband of President Ali Bongo's step-sister, Gabon's sovereign fund has been taken over by a close associate of Mohamed Ali Saliou, best friend of the president's son and closest adviser, Noureddin Bongo. [...]

Published on 22/04/2020 at 06:00 GMT Reading time 2 minutes

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Finance

Set up email notifications for these topics

Abdoul Oceni Ossa
Akim Mouguiama Daouda
Ali Bongo
Audrey Bongo
Banque internationale pour le commerce et l'industrie du Gabon
BNP Paribas
Brice Laccruche Alihanga
Fonds Gabonais d'Investissements Strategiques
Grand Loge du Gabon
Manuel Mouguiama Daouda
Mohamed Ali Saliou
Noureddin Bongo
Patience Dabany
Patrick Mouguiama Daouda
Sylvia Bongo
Yariv Elbaz

Gabon
The imam behind the ambassador to Riyadh's appointment

After leaving the post of ambassador to Saudi Arabia vacant for more than a year, President Ali Bongo has appointed a non-diplomat from Gabon's Muslim community.

Subscribers only Politics 25.02.2021

Guy Ibrahim Membourou, Gabon's new ambassador to Saudi Arabia.

Gabon
Strikes expose Bongo regime's shortcomings

Industrial action over back pay by two companies sheds harsh light on the government's failings.

Subscribers only Politics 05.02.2021

Gabon
A second Bongo heir enters the presidency

Bilal Bongo, Gabonese President Ali Bongo's third son, interrupted his studies in the United Kingdom to join the force responsible for the security of his father's seaside palace residence and of the presidential staff.

Subscribers only Politics 25.11.2020

Gabon
Noureddin Bongo regains control of Gabon's financial institutions

Presidential affairs coordinator Noureddin Bongo, who is also the president's son, has for the last fortnight been campaigning over Gabon's domestic debt, deemed overvalued. He has also been placing his associates at the head of the country's main financial institutions.

Subscribers only Business 14.10.2020

Gabon
After Ngambia's release, could Laccruche be next?

The ex-public works minister Magloire Ngambia, a symbol of the "Mamba" anti-corruption drive, was released on 24 September. Now another high-profile probe into the affairs of former presidential chief of staff Brice Laccruche Alihanga, is also experiencing setbacks that have been kept carefully secret until now.

Subscribers only Politics 07.10.2020

The former chief of staff to the president's office Brice Laccruche Alihanga.

Gabon
The women behind the new balance of power

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.

Subscribers only Politics 20.07.2020

Gabon, Mauritius
Bongo aides talk turkey with Trafigura after Augusta ouster

The office of Gabon's president is negotiating with Trafigura to take over the off-take agreement between Augusta and the national refinery company.

Subscribers only Energy, Business 06.07.2020

In Focus | Gabon
How Ycap became the Gabonese sovereign fund's favorite asset manager

After having been sanctioned by France's financial markets authority, financier Yariv Elbaz has succeeded in making a comeback in Gabon with his fund Ycap, which has become the main financial partner of the country's sovereign fund.

Subscribers only Business 29.06.2020

Franco-Moroccan financier Yariv Elbaz at the 2014 New York Forum Africa.

Inner circles | Gabon
Omar Denis Jr Bongo cuts an increasingly solitary figure

The 26-year-old half-brother of Ali Bongo and grandson of Denis Sassou Nguesso, Omar Denis Jr Bongo, appears to have been increasingly ostracised by the Gabonese president's clan, who suspect him of harbouring presidential ambitions for 2023.

Subscribers only Politics 30.04.2020

Document | Gabon, Mauritania
Olam self-medicates marketing strategy to shore up its image

While marching on with its strategy to divest from African infrastructure projects and facing up to a feisty inquiry commission in Mauritania, the Olam group is actively engaging African countries faced with the Covid-19 pandemic to improve its reputation.

Subscribers only Business 28.04.2020

Gabon
Lambert-Noël Matha keeps tight rein on state security amid Covid-19 pandemic

While the presidential couple leads the public information campaign on the coronavirus crisis, the all-powerful interior minister Lambert-Noël Matha is keeping a tight grip on the levers of the security apparatus, ready to crack down on any social unrest sparked by the epidemic.

Subscribers only Politics 24.04.2020

Africa, France
How BNP Paris is quietly shedding its African liabilities

It's been more than five years since BNP Paribas, in the wake of the $8.9 billion fine imposed in 2014 by the U.S. Department of Justice for doing business with countries under sanctions, gave up its very lucrative oil-backed lending and other high-stakes activities in Africa.

Subscribers only Finance, Business 09.04.2020

Set up email notifications for these topics

Abdoul Oceni Ossa
Akim Mouguiama Daouda
Ali Bongo
Audrey Bongo
Banque internationale pour le commerce et l'industrie du Gabon
BNP Paribas
Brice Laccruche Alihanga
Fonds Gabonais d'Investissements Strategiques
Grand Loge du Gabon
Manuel Mouguiama Daouda
Mohamed Ali Saliou
Noureddin Bongo
Patience Dabany
Patrick Mouguiama Daouda
Sylvia Bongo
Yariv Elbaz

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Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Gabon
Bongo clan takes back control of the country's sovereign fund

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create a free account

Set up email notifications for these topics

Gabon
The imam behind the ambassador to Riyadh's appointment

Gabon
Strikes expose Bongo regime's shortcomings

Gabon
A second Bongo heir enters the presidency

Gabon
Noureddin Bongo regains control of Gabon's financial institutions

Gabon
After Ngambia's release, could Laccruche be next?

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The women behind the new balance of power

Gabon, Mauritius
Bongo aides talk turkey with Trafigura after Augusta ouster

In Focus | Gabon
How Ycap became the Gabonese sovereign fund's favorite asset manager

Inner circles | Gabon
Omar Denis Jr Bongo cuts an increasingly solitary figure

Document | Gabon, Mauritania
Olam self-medicates marketing strategy to shore up its image

Gabon
Lambert-Noël Matha keeps tight rein on state security amid Covid-19 pandemic

Africa, France
How BNP Paris is quietly shedding its African liabilities

Morocco
Ali Bongo's son Noureddin Bongo establishes Shanah fund

Gabon
Explosive atmosphere reigns in president's office

Gabon
Noureddin Bongo gifted his first political role

Gabon
Serge Thierry Mickoto plots the BICIG succession

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Senegal Guns and oil drive Russia's Dakar courtship

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Gabon Bongo clan takes back control of the country's sovereign fund

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Gabon The imam behind the ambassador to Riyadh's appointment

Gabon Strikes expose Bongo regime's shortcomings

Gabon A second Bongo heir enters the presidency

Gabon Noureddin Bongo regains control of Gabon's financial institutions

Gabon After Ngambia's release, could Laccruche be next?

Gabon The women behind the new balance of power

Gabon, Mauritius Bongo aides talk turkey with Trafigura after Augusta ouster

In Focus | Gabon How Ycap became the Gabonese sovereign fund's favorite asset manager

Inner circles | Gabon Omar Denis Jr Bongo cuts an increasingly solitary figure

Document | Gabon, Mauritania Olam self-medicates marketing strategy to shore up its image

Gabon Lambert-Noël Matha keeps tight rein on state security amid Covid-19 pandemic

Africa, France How BNP Paris is quietly shedding its African liabilities

Morocco Ali Bongo's son Noureddin Bongo establishes Shanah fund

Gabon Explosive atmosphere reigns in president's office

Gabon Noureddin Bongo gifted his first political role

Gabon Serge Thierry Mickoto plots the BICIG succession

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Gabon
Bongo clan takes back control of the country's sovereign fund

Gabon
The imam behind the ambassador to Riyadh's appointment

Gabon
Strikes expose Bongo regime's shortcomings

Gabon
A second Bongo heir enters the presidency

Gabon
Noureddin Bongo regains control of Gabon's financial institutions

Gabon
After Ngambia's release, could Laccruche be next?

Gabon
The women behind the new balance of power

Gabon, Mauritius
Bongo aides talk turkey with Trafigura after Augusta ouster

In Focus | Gabon
How Ycap became the Gabonese sovereign fund's favorite asset manager

Inner circles | Gabon
Omar Denis Jr Bongo cuts an increasingly solitary figure

Document | Gabon, Mauritania
Olam self-medicates marketing strategy to shore up its image

Gabon
Lambert-Noël Matha keeps tight rein on state security amid Covid-19 pandemic

Africa, France
How BNP Paris is quietly shedding its African liabilities

Morocco
Ali Bongo's son Noureddin Bongo establishes Shanah fund

Gabon
Explosive atmosphere reigns in president's office

Gabon
Noureddin Bongo gifted his first political role

Gabon
Serge Thierry Mickoto plots the BICIG succession