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International Monetary Fund

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.

Subscribers only Energy 10.02.2025

Congo
Old Congolese debts catch up with Egis

The French engineering company is being sued by its former sales representative in Congo, Cores, for several million euros in unpaid commission. At the heart of the dispute is a securitised €25m bond issued by the Congolese state.

Subscribers only Infrastructure, Business 07.02.2025

Madagascar
MEPs question IMF over its financing of ‘destructive' road projects

Thirty-five MEPs have alerted the managing director of the International Monetary Fund to the 'disastrous' ecological and socio-economic impacts of two projects potentially financed by a forthcoming payment.

Subscribers only Infrastructure 30.01.2025

Cameroon, Central African Republic
Behind the scenes of the chaotic delivery of Russia's oil donation

The story of Russia's fuel donation to the Central African Republic is far from over. After a difficult arrival at the port of Limbé in Cameroon, Bangui may decide to sell some of the goods locally.

Subscribers only Energy, Diplomacy 29.01.2025

Spotlight | Egypt
Cairo's military wheat takeover rattles suppliers from Sofia to Moscow

Black Sea grain exporters remain sceptical about Egypt's new wheat import agency, which is headed by senior air force officers. This procrastination could undermine the country's food security.

Subscribers only Commodity traders 27.01.2025

Ships and cranes in the city of Port Said, Egypt, April 2023.

Inner circles | Congo, Ivory Coast
Banker Ibrahim Magassa dispenses financial advice from Abidjan to Brazzaville

At the comparatively young age of 44, the French-Ivorian banker has established himself as a leading adviser to indebted states, initially to Ivory Coast and then to Congo and Ghana. He can rely on a solid network of contacts in Paris, not least at the investment bank Rothschild.

Subscribers only Finance 24.01.2025

Madagascar
Ministry of Finance increases tax burden on businesses

In anticipation of future payments from the International Monetary Fund, which will be holding its next board meeting in March, the finance minister has tightened the conditions for companies facing a tax reassessment.

Subscribers only Finance 24.01.2025

Gabon
Brice Clotaire Oligui Nguema plays the Abu Dhabi investment card

Under pressure from the IMF, the Gabonese government is hoping to nurture closer ties with the United Arab Emirates. A delegation headed by a prominent Emirati businessman is currently in Libreville and various diplomatic initiatives are underway.

Subscribers only Finance, Energy, Diplomacy 24.01.2025

South Sudan
Juba launches programme to clean up public finances

The Canadian company FreeBalance has been awarded a two-year contract worth around $15m, financed by the World Bank, to improve the management of South Sudan's public finances.

Subscribers only Politics 24.01.2025

Morocco
Candid royal biopic or PR job? Mohammed VI documentary raises eyebrows

Just days before President Emmanuel Macron paid a state visit to Morocco last October, a French public broadcaster aired a "documentary" about the country's king that bore all the hallmarks of a PR job.

Subscribers only Diplomacy 16.01.2025

Morocco's King Mohammed VI during a signing ceremony in the Royal Palace in Rabat on 28 October 2024.

Spotlight | Senegal
Dakar destined to remain dependent on IMF support

President Bassirou Diomaye Faye has struggled to attract new investors to revitalise Senegal's seriously cash-strapped economy since International Monetary Fund financing was frozen in October. Negotiations with the institution have, however, resumed.

Subscribers only Finance 15.01.2025

Senegalese President Bassirou Diomaye Faye in Doha, Qatar, 8 December 2024.

Cameroon
Tussle between Camwater and World Bank over water prices

The international organisation is calling for the price of a cubic metre of drinking water to be raised to 270 FCFA. This has been rejected by the government, which doesn't want to provoke a fresh wave of social unrest.

Subscribers only Infrastructure 14.01.2025

Central African Republic
IMF's visit focusing on the hydrocarbon sector's problems

In Bangui until 16 January, a team from the International Monetary Fund are holding a series of meetings with officials and players in the oil sector.

Subscribers only Finance, Politics 13.01.2025

Gabon
World Bank again suspends payments

After an initial suspension in June, the World Bank has once again suspended its payments due to Libreville's accumulated unpaid bills.

Subscribers only Finance, Diplomacy 13.01.2025

Central African Republic
IMF sends last-ditch mission to Bangui

A team from the International Monetary Fund is due in the Central African Republic on 9 January to try to reestablish dialogue. Relations between the financial institution and Bangui have been strained for many months due to a failure to reform the country's fuel prices.

Subscribers only Finance, Energy 09.01.2025

Mali
Closed door talks between Bamako and IMF

Mali is the only country in the West African Economic and Monetary Union that does not have a programme with the International Monetary Fund. It has been negotiating in recent weeks with the financial institution, which quietly dispatched a mission to Bamako in mid-December.

Free access Diplomacy 07.01.2025

Assimi Goïta, leader of Mali's junta, at the Russia-Africa summit in Saint Petersburg, Russia, 27 July 2023.

Ghana
Mahama's diverse close-knit team

Ghana's president-elect, John Dramani Mahama, relied on an eclectic pool of people from the worlds of politics, finance and government to deliver him his second stint as head of state. Several of them are expected to occupy leading positions in his government.

Subscribers only Politics 23.12.2024

Ghana's President-elect John Dramani Mahama, Accra, 9 December 2024.

Refine your search

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Senegal
Paris and Dakar mull defence relations

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

International Monetary Fund

Congo
Trafigura comes to rescue of SNPC by settling Glencore debt

Congo
Old Congolese debts catch up with Egis

Madagascar
MEPs question IMF over its financing of ‘destructive' road projects

Cameroon, Central African Republic
Behind the scenes of the chaotic delivery of Russia's oil donation

Spotlight | Egypt
Cairo's military wheat takeover rattles suppliers from Sofia to Moscow

Inner circles | Congo, Ivory Coast
Banker Ibrahim Magassa dispenses financial advice from Abidjan to Brazzaville

Madagascar
Ministry of Finance increases tax burden on businesses

Gabon
Brice Clotaire Oligui Nguema plays the Abu Dhabi investment card

South Sudan
Juba launches programme to clean up public finances

Morocco
Candid royal biopic or PR job? Mohammed VI documentary raises eyebrows

Spotlight | Senegal
Dakar destined to remain dependent on IMF support

Cameroon
Tussle between Camwater and World Bank over water prices

Central African Republic
IMF's visit focusing on the hydrocarbon sector's problems

Gabon
World Bank again suspends payments

Central African Republic
IMF sends last-ditch mission to Bangui

Mali
Closed door talks between Bamako and IMF

Ghana
Mahama's diverse close-knit team

Congo
Impatient Glencore badgers Brazzaville to pay debt

Central Africa
CEMAC leaders still hopeful operators will reach rehabilitation fund deal

Central African Republic
IMF denies CAR millions of dollars in aid due to Neptune Oil's continuing monopoly

Refine your search

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Senegal Paris and Dakar mull defence relations

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

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Cabo Delgado: a gas Eldorado and security nightmare

The generals waging war from Khartoum to Darfur

International Monetary Fund

Congo Trafigura comes to rescue of SNPC by settling Glencore debt

Congo Old Congolese debts catch up with Egis

Madagascar MEPs question IMF over its financing of ‘destructive' road projects

Cameroon, Central African Republic Behind the scenes of the chaotic delivery of Russia's oil donation

Spotlight | Egypt Cairo's military wheat takeover rattles suppliers from Sofia to Moscow

Inner circles | Congo, Ivory Coast Banker Ibrahim Magassa dispenses financial advice from Abidjan to Brazzaville

Madagascar Ministry of Finance increases tax burden on businesses

Gabon Brice Clotaire Oligui Nguema plays the Abu Dhabi investment card

South Sudan Juba launches programme to clean up public finances

Morocco Candid royal biopic or PR job? Mohammed VI documentary raises eyebrows

Spotlight | Senegal Dakar destined to remain dependent on IMF support

Cameroon Tussle between Camwater and World Bank over water prices

Central African Republic IMF's visit focusing on the hydrocarbon sector's problems

Gabon World Bank again suspends payments

Central African Republic IMF sends last-ditch mission to Bangui

Mali Closed door talks between Bamako and IMF

Ghana Mahama's diverse close-knit team

Congo Impatient Glencore badgers Brazzaville to pay debt

Central Africa CEMAC leaders still hopeful operators will reach rehabilitation fund deal

Central African Republic IMF denies CAR millions of dollars in aid due to Neptune Oil's continuing monopoly

Refine your search

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Paris and Dakar mull defence relations

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

Congo
Trafigura comes to rescue of SNPC by settling Glencore debt

Congo
Old Congolese debts catch up with Egis

Madagascar
MEPs question IMF over its financing of ‘destructive' road projects

Cameroon, Central African Republic
Behind the scenes of the chaotic delivery of Russia's oil donation

Spotlight | Egypt
Cairo's military wheat takeover rattles suppliers from Sofia to Moscow

Inner circles | Congo, Ivory Coast
Banker Ibrahim Magassa dispenses financial advice from Abidjan to Brazzaville

Madagascar
Ministry of Finance increases tax burden on businesses

Gabon
Brice Clotaire Oligui Nguema plays the Abu Dhabi investment card

South Sudan
Juba launches programme to clean up public finances

Morocco
Candid royal biopic or PR job? Mohammed VI documentary raises eyebrows

Spotlight | Senegal
Dakar destined to remain dependent on IMF support

Cameroon
Tussle between Camwater and World Bank over water prices

Central African Republic
IMF's visit focusing on the hydrocarbon sector's problems

Gabon
World Bank again suspends payments

Central African Republic
IMF sends last-ditch mission to Bangui

Mali
Closed door talks between Bamako and IMF

Ghana
Mahama's diverse close-knit team

Congo
Impatient Glencore badgers Brazzaville to pay debt

Central Africa
CEMAC leaders still hopeful operators will reach rehabilitation fund deal

Central African Republic
IMF denies CAR millions of dollars in aid due to Neptune Oil's continuing monopoly