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Congo
Trafigura comes to rescue of SNPC by settling Glencore debt

Brazzaville has obtained pre-financing from Trafigura to settle its debt with Glencore, much to the dismay of international financial institutions. [...]

Published on 10/02/2025 at 05:40 GMT Reading time 2 minutes

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Energy

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Congo
Glencore
International Monetary Fund
Societe nationale des petroles du Congo
TotalEnergies
Trafigura

Congo
Impatient Glencore badgers Brazzaville to pay debt

The Congolese state still owes the Swiss trader $349m, but its ability to keep up payments is shrinking.

Subscribers only Finance, Energy 20.12.2024

Central Africa
CEMAC heads of state to discuss Gabon and Congo's debts

Libreville and Brazzaville have strayed from the convergence criteria of the Economic and Monetary Community of Central Africa. The issue will be discussed at an extraordinary summit in Yaoundé next week.

Subscribers only Finance, Diplomacy 13.12.2024

Senegal
Political tensions in Dakar put off miners

Senegal had hoped to attract mining and oil investors to the latest EITI Global Conference. But the event was overshadowed by the arrest of opposition politician Ousmane Sonko and ensuing unrest, which appears to have jeopardised the launch of new extractive projects in the short term.

Subscribers only Mining 03.07.2023

Congo
Deutsche Bank and Citigroup get involved in Brazzaville's debt restructuring

The two banks, which specialise in restructuring sovereign debt on the bond markets, are preparing to issue loans on the financial markets for the Congolese state.

Subscribers only Finance 10.10.2022

Spotlight | Congo
Oil minister Itoua uses OPEC to help him raise Saudi and UAE funds

Oil minister Bruno Itoua and SNPC chief Raoul Ominga want OPEC secretary general Mohammed Barkindo to intervene on their country's behalf to obtain funds.

Subscribers only Energy 06.09.2021

Mohammed Barkindo, Secretary General of OPEC (foreground, light outfit) was received on August 22 in Congo-Brazzaville by Bruno Jean-Richard Itoua, Congolese Minister of Hydrocarbons, to his left.

Congo
Itoua, now crowned as oil minister, seeks to settle scores

Newly-appointed Bruno Itoua is going all out to sideline any officials who are deemed unloyal to him.

Subscribers only Energy 15.07.2021

The new hydrocarbons minister Bruno Jean-Richard Itoua.

Congo
New budget minister Andely picks task force to improve IMF relations

The newly appointed Congolese budget minister Roger-Rigobert Andely has named a select group to reopen communication channels with the IMF and negotiate the disbursement of the second tranche of a loan programme that has been blocked for the past year.

Subscribers only Politics 17.06.2021

The Congolese Minister of Finance, Roger-Rigobert Andely.

Congo
Shadow of Glencore hangs over Sassou's re-election bid

The incumbent Congolese president Denis Sassou Nguesso is ardently hoping that he can round off his campaign for a fourth term in office with news that the IMF is going to resume its financial support for the country.

Subscribers only Energy, Politics 18.02.2021

Congo
Mercuria seeks deal on SNPC oil cargoes with Lucien Ebata's Orion

Congolese trading house Orion Oil is casting a wider net to find partners for the sale of the Congolese state oil.

Subscribers only Energy 17.02.2021

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Congo
Glencore
International Monetary Fund
Societe nationale des petroles du Congo
TotalEnergies
Trafigura

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Morocco
US-China trade war threatens Morocco's nascent battery industry

Ivory Coast
French investigation sends tremors through Abidjan's political class

Congo
Trafigura comes to rescue of SNPC by settling Glencore debt

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Set up email notifications for these topics

Congo
Impatient Glencore badgers Brazzaville to pay debt

Central Africa
CEMAC heads of state to discuss Gabon and Congo's debts

Senegal
Political tensions in Dakar put off miners

Congo
Deutsche Bank and Citigroup get involved in Brazzaville's debt restructuring

Spotlight | Congo
Oil minister Itoua uses OPEC to help him raise Saudi and UAE funds

Congo
Itoua, now crowned as oil minister, seeks to settle scores

Congo
New budget minister Andely picks task force to improve IMF relations

Congo
Shadow of Glencore hangs over Sassou's re-election bid

Congo
Mercuria seeks deal on SNPC oil cargoes with Lucien Ebata's Orion

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About Africa Intelligence

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Indigo Publications' websites

Morocco US-China trade war threatens Morocco's nascent battery industry

Ivory Coast French investigation sends tremors through Abidjan's political class

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Congo Trafigura comes to rescue of SNPC by settling Glencore debt

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Congo Impatient Glencore badgers Brazzaville to pay debt

Central Africa CEMAC heads of state to discuss Gabon and Congo's debts

Senegal Political tensions in Dakar put off miners

Congo Deutsche Bank and Citigroup get involved in Brazzaville's debt restructuring

Spotlight | Congo Oil minister Itoua uses OPEC to help him raise Saudi and UAE funds

Congo Itoua, now crowned as oil minister, seeks to settle scores

Congo New budget minister Andely picks task force to improve IMF relations

Congo Shadow of Glencore hangs over Sassou's re-election bid

Congo Mercuria seeks deal on SNPC oil cargoes with Lucien Ebata's Orion

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Morocco
US-China trade war threatens Morocco's nascent battery industry

Ivory Coast
French investigation sends tremors through Abidjan's political class

Congo
Trafigura comes to rescue of SNPC by settling Glencore debt

Congo
Impatient Glencore badgers Brazzaville to pay debt

Central Africa
CEMAC heads of state to discuss Gabon and Congo's debts

Senegal
Political tensions in Dakar put off miners

Congo
Deutsche Bank and Citigroup get involved in Brazzaville's debt restructuring

Spotlight | Congo
Oil minister Itoua uses OPEC to help him raise Saudi and UAE funds

Congo
Itoua, now crowned as oil minister, seeks to settle scores

Congo
New budget minister Andely picks task force to improve IMF relations

Congo
Shadow of Glencore hangs over Sassou's re-election bid

Congo
Mercuria seeks deal on SNPC oil cargoes with Lucien Ebata's Orion