World Bank

Ethiopia
Paris quietly prepares for Ethiopia's reconstruction

It was only in November that the Ethiopian government and Tigrayan rebels reached a fragile ceasefire agreement ending two years of civil war, but donor countries are already preparing to finance the country's reconstruction.

Kenya
Ruto cautiously keen to resume $500m hydro dam projects

Plans to build the two Rift Valley dams were shelved in 2019 over concerns about corruption that led some of William Ruto's allies to lose their government jobs. The new president is now tentatively talking about getting the projects off the ground again.

Ivory Coast
Conseil Café Cacao resumes contact with World Bank

The Ivorian government is back in talks with the World Bank with a view to obtaining $300m in funding for industry regulator Conseil Café Cacao.

Kenya
Ruto's dilemma: austerity vs recovery

Some in the president's entourage are having a hard time implementing his spending cuts and worry they jeopardise the key objectives of his presidency. William Ruto has already had to backtrack on his promise to forgo international funding.

Sudan
Khartoum to perform post mortem on Hamdok's flagship Family Support Project

Khartoum a clôturé le 23 novembre un appel d'offres pour la réalisation d'un audit sur l'état financier du Family support project (FSP). Destiné à contenir les effets de l'inflation sur les populations vulnérables, le programme avait été gelé après le coup d'Etat de 2021.

The New Guard
Senegal, DR Congo, Ethiopia and Egypt

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

SenegalFatou Sagna Sow, the "Macronist" prepping "Mimi" Toure for 2024

DR CongoAlda Kule Dale, Nicolas Kazadi's financial adviser

EthiopiaAmrote Abdella, Africa's contact for Amazon Web Services

EgyptAhmed Zahran, a PPA pioneer

Congo
Government minister Itoua bows to IMF demands on gas flaring

A new decree aimed at improving the regulation of gas flaring and venting practices has just been published in Congo. The country has long been slow to improve the regulation of this polluting practice, despite pressure from international donors.

Senegal
Arbitration against State of Senegal over Sendou power plant suspended

Launched in January by Mauritian businessman Louis Claude Norland Suzor, the arbitration procedure against the State of Senegal has been at a standstill since early November.

Nigeria
Rivers State pollution: Shell vs Nigeria arbitration drop explained

The arbitration procedure pitting Shell against Nigerian State in a case involving an oil spill has been abandoned. The oil major agreed to withdraw its claim, after successfully getting the fine, including interest, that it had to pay to the local communities, significantly reduced.

Egypt
Little sign of progress over $100bn global South adaptation fund

The host country of COP27 has been working hard to try to secure a commitment from global North countries to finance climate change adaptation in the global South. But no preliminary agreement has been reached on this issue, which will be discussed from today.

Central African Republic
Opposition lobbies Antonio Guterres over constitutional reform

A coalition of opposition parties, the BRDC, is hoping to spur UN Secretary-General Antonio Guterres into action following the ousting of judge Daniele Darlan from the country's constitutional court, which she also presided.

Gambia, Guinea-Bissau, Senegal
Petronor faces challenging 2023

The Norwegian-Emirati junior PetroNor has a number of irons in the fire. It is trying to get new partners for its blocs in Gambia and Guinea Bissau and is expecting a ruling in its arbitration case against Senegal in a matter of weeks.

Ivory Coast
Ouattara's €153m plan to boost Ivorian army

Ivory Coast President Alassane Ouattara has since mid-October been mulling a plan estimated at nearly 100bn CFA francs (€153m) to accelerate the acquisition of military equipment to strengthen the Ivorian army.

West Africa
Issoufou's Sahel report for AU faces high expectations

Following on from his participation in the United Nations General Assembly in September, the former Nigerien head of state Mahamadou Issoufou will present his report on the situation in the Sahel at the African Union summit in Addis Ababa in February.

The New Guard
Senegal, Egypt and Namibia

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

Senegal Sijh Diagne, former diaspora banker maps out post Covid-19 recovery plan

Egypt Tino Abdellatif Waked, driving Uber's African growth

Namibia Maggy Shino, young advocate for Namibian gas

Egypt Nada El Ahwal, heiress to a shipping logistics empire

Central African Republic
IMF keeps Bangui waiting for new study mission

Central African Republic PM Felix Moloua and finance minister Herve Ndoba have managed to get the IMF to send a mission to study the country's financial situation.