Featured
Issue 407 -
Angola: Government steps up action against dos Santos family
Angola has moved in recent weeks to take concrete legal action against the children of former president José Eduardo dos Santos over longstanding corruption allegations. José Filomeno dos Santos went on trial in December, accused of taking $500m out of the country in 2017 during...
Issue 407 -
Angola
Issue 407 -
South Africa publishes draft petroleum bill
South Africa’s draft Upstream Petroleum Resources Development Bill was published for public comment on 24 December. The draft immediately attracted criticism for its generous provision of a 20% carried interest for the state in upstream projects, plus a minimum 10% black-owned...
Issue 407 -
South Africa
Issue 407 -
Zambia: Ruling party urges solution to power supply stand-off
The influential central committee of the ruling Patriotic Front (PF) party has called on the Ministry of Energy to resolve an impasse over talks to extend an agreement that allows Copperbelt Energy Corporation (CEC) to buy power in bulk from Zesco for resale to mining companies...
Issue 407 -
Zambia
Issue 407 -
South Africa: Eskom chairman resigns amid broken promises
Eskom lost another senior figure on 10 January as chairman Jabu Mabuza resigned, ostensibly because Eskom failed to live up to a promise made by President Cyril Ramaphosa on 11 December that there would be no load-shedding between 17 December and at least 13 January. The promise...
Issue 407 -
South Africa
Issue 407 -
CFA franc to be replaced by eco, but initial change is largely symbolic
The move by the eight-member Union Economique et Monétaire Ouest Africaine (Uemoa) to end its 55-year-old currency union based on the French-guaranteed CFA franc will have a range of consequences for businesses and political relations. The new eco currency, whose creation was...
Issue 407 -
West Africa
Issue 407 -
Nigeria: Lekoil scammed by fake Qataris
Nigeria’s Lekoil has admitted it was scammed by intermediaries purporting to offer a $184m loan from the Qatar Investment Authority (QIA) for appraisal and development of the Ogo field in OPL 310. AIM-listed Lekoil said it had met individuals claiming to be QIA representatives....
Issue 407 -
Nigeria
Issue 407 -
Côte d’Ivoire in election mode
Ahead of Côte d’Ivoire’s October 2020 presidential election, the government is firmly focused on securing a win for President Alassane Dramane Ouattara’s Rassemblement des Houphouëtistes pour la Démocratie et la Paix (RHDP). For all the history-making import of the eco...
Issue 407 -
Côte d’Ivoire
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