ORANGE

Morocco
King's favourite construction company CMS sets sights on Inwi data centres and Attijari's HQ

Bought in 2016 by the former "king's steward" Zouhair Fassi Fehri, Construction Management Services is creating a branch dedicated to telecom infrastructures and has already approached Inwi, the operator owned by the royal holding company Al Mada.

Congo
Monaco Resources accused of including uncertified figures in its accounts

A minority shareholder in a Monaco Resources Group subsidiary in the DRC has accused the trading and logistics firm of including unaudited and uncertified figures in its accounts.

Kenya
Odinga and Ruto vie for Jimmy Wanjigi's blessing

After the electoral commission disqualified the multi-millionaire head of the Kwacha Group from the presidential race, the two front-runners, Raila Odinga and William Ruto, are both hoping he will back their campaign.

South Africa
Eco Atlantic picks up speed on drilling Block 2B

The semi-submersible Island Innovator drilling unit owned by Norwegian company Island Drilling, will be available earlier than planned to drill the Gazania-1 well on South African Block 2B

Kenya
Odinga and Ruto look to polls to guide election strategy

In the run-up to the general election, rival polling institutes and media outlets are churning out figures and predictions that are sometimes at odds with each other. These statistics are being scrutinised closely by the political parties to inform their campaign choices.

The New Guard
Ivory Coast, Kenya, Sierra Leone, Central African Republic

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

KenyaBeverly Adhiambo, youth's leading light in Homa Bay

Ivory CoastFranck Kié, West African cybersecurity champ

Sierra LeoneFoday Mansaray, the president's oil prince

Central African RepublicRodolphe Héritier Doneng, campaigner for Toudéra's third term

Namibia
TotalEnergies' huge discovery pushes up bidding on Venus

The Orange Basin, home to two of the largest crude oil discoveries in Africa in recent decades, is currently the focus of intense competition that could lead to record-breaking deals.

Angola
Galp plans offshore exit to finance cash calls for Africa and Brazil

The Portuguese firm is seeking to divest its interests in two Angolan producing blocks operated by Chevron. It is reorganising its portfolio in order to finance cash calls on its most promising blocks in Africa and in Brazil.

Kenya
Kenyatta weakens his coalition with latest diplomatic appointments

The Kenyatta-Odinga duo's closest allies blame the president for being too exclusive in his latest selection of ambassadors and high-level diplomats. Most of the newly appointed come from within the Orange Democratic Movement or Jubilee Party.

Angola, Namibia
Namcor leads in race for one of cash-strapped Sonangol's prize assets

Boosted by recent successes on its home market, state-owned oil Namibian oil company Namcor is looking to expand into Angola with backing from two partners. It is hoping to take advantage of the financial difficulties currently being experienced by Sonangol, which is having to sell off some of its prize assets, including block 15/06.

Africa
Ex-Sonatel executives to take lead at Orange Africa

Management at the branch of French telecommunications operator Orange's activities in 17 African countries and Jordan, Orange Middle East and Africa, is about to undergo a major reshuffle.

Africa
Orange and MTN to share African telco towers

French Orange and South African MTN are considering sharing their telecommunications towers in the six African countries where they are both active. They have reportedly asked McKinsey to research the idea.