Business

Palace Intrigues
Macky Sall, Alassane Ouattara, Faustin-Archange Touadéra

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

SenegalSall confides in Ouattara

Central African RepublicTouadéra faces lengthy wait for top-level French delegation

South SudanNational football squad's troubles continue

The New Guard
Nigeria, Libya, Uganda

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NigeriaAdenike Macaulay's fast track to top travel agency

LibyaAladdin Elsgier, serial start-up generator

UgandaUwera Portia, empowering women

Morocco
ONEE awards $40m market to pair of Chinese electricity firms

Tarik Hamane, head of the Office National de l'Électricité et de l'Eau Potable, has awarded a contract for the supply of eleven electrical transformers to Chinese manufacturers Nantong Hyosung Transformer Co and Tebian Electric Apparatus.

Congo
Cash-strapped Congo switches sanitation firms

The Lebanese operator's Congolese subsidiary, Averda, which provided waste collection services in Brazzaville and Pointe-Noire, will cease trading at the end of December. The government has already signed a contract with Turkish company Albaykar.

Tunisia
US banks eye Tunisian market

Jean-Michel Saliba, Middle East-North Africa director at Bank of America's investment division, BofA Securities (formerly Bank of America Merrill Lynch), led a delegation of US financiers this month to Tunis.

Ivory Coast
French ex-minister's venture capital fund for Africa seeks investors

Launched last March by the French firm Ring Capital, the venture capital fund Ring Africa, dedicated to startups in French-speaking Africa, hosted a closed-door presentation in its Paris office in early October with about 20 potential investors in attendan

Africa
Afreximbank lobbies for renewal of US trade pact with Africa

The bank has hired Bennett Group DC to lobby on its behalf in Washington.

DRC
Congo Airways CEO plays last card after his suspension

José Dubier Lueya's fate is now in the hands of the State Council, which is due to examine his appeal against his suspension as head of the national airline.

Niger
Aviation group Menzies tries to maintain pressure on Niamey

The British aircraft ground handling services provider has filed a request with a US district court.

Somalia
Somali squad pulls out of African Nations due to lack of funds

Its withdrawal means Burundi qualifies automatically for the second round.

DRC
Kinshasa negotiating out-of-court settlement with Samcrete

The Congolese authorities have begun discussions with the Egyptian construction company to avoid potentially costly arbitration proceedings.

India, Tunisia
Tunis and New Delhi strive to revive flailing cooperation

The promise of closer economic ties made in 2017 never materialised, despite the presence of several major Indian companies in the country.

The New Guard
Guinea, Morocco, Burundi

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

GuineaMoussa Condé, Dombouya's new spin doctor

MoroccoMohamed Ali Hatimy tackles water issues head on

BurundiFablice Manirakiza, face of the Bujumbura market rebuild

Nigeria
Nigerian billionaires prepare for Paris meeting with French President

The France-Nigeria Business Council met on 15 October at the French embassy in Abuja and is now preparing its next trip to Paris, which will take place in parallel with President Bola Ahmed Tinubu’s official visit to Paris before the end of November.