Search results

Selected filters:

General

Type

Sector

Regions

Sort options

640 results found for your search

Free

The Libyan government is about to claim more than $60bn of until now unknown assets, which investigators say were secretly invested in United States treasury bonds by the former Qadhafi regime. But, with much of the paper held in smaller American midwestern financial institutions, there will likely be a massive battle to establish title to the bonds, and decide how and to whom they should be returned.

Libya
Free

The ruling ‘Duo Diomaye/Sonko’ seems to hold all the cards needed to at least try to implement their ambitious Project Senegal 2050 agenda, after their Pastef party won some 130 of the 165 National Assembly seats in Senegal’s much-anticipated mid-November legislative election, writes Waly Dione Faye.

Senegal
Subscriber

President Ruto has announced the cancellation of a much-criticised independent transmission project with Indian conglomerate Adani, along with another deal for the company to manage Nairobi’s main airport. The decision followed serious allegations of misconduct made against the Indian conglomerate and its senior management by the US authorities.

Kenya
Subscriber

Tunisian energy sector officials have set out an ambitious and well-thought-through programme of development and reform – the objective of which is to add gigawatts of renewable generation capacity in the coming years. But to get it implemented they will have to counter political and economic headwinds generated by President Kaïs Saïed himself.

Tunisia
Subscriber

The $736m deal between Ketraco and Indian conglomerate Adani to construct a series of transmission lines and substations was suspended by the High Court in Nairobi in late October, after opponents argued it had been awarded under an opaque process. A hearing will be held on 11 November.

Kenya
Subscriber

The ruling Frente de Libertação de Moçambique (Frelimo) party and its candidate, Daniel Chapo, have been officially declared the landslide winners of Mozambique’s presidential and legislative polls by the Comissão Nacional de Eleições (CNE – National Elections Commission), after hotly contested and violent elections were held on 9 October. An already discredited electoral process was further undermined by the assassination of two opposition figures prior to the results being declared by the CNE. A volatile situation is adding to investor jitters that could make financing Mozambique’s long-stalled plans to become a significant LNG exporter much more difficult, while more political turbulence beckons.

Mozambique
Subscriber

A precipitous decline in gas output may turn out to be a bigger problem than the recent month-long blockade of oil exports. There is no quick fix for the shortage of feedstock for General Electric Company of Libya (Gecol)’s fleet of power plants, which now depend on record levels of imported diesel the country cannot afford. There is also no other source of generation to fall back on, with Libya now Africa’s only country without any utility-scale, grid-connected renewable capacity, writes John Hamilton.

Libya
Subscriber

Speculation that President Bassirou Diomaye Faye and Prime Minister Ousmane Sonko’s close relationship is under pressure come as Senegal prepares for parliamentary elections that could give their Pastef party a big majority or provide some hope to ex-president Macky Sall and other opponents, writes Waly Dione Faye in Dakar, with input from Jon Marks.

Senegal
Subscriber

A shareholder in the 300MW Cap des Biches IPP plant has alleged that former electricity minister Samuel Sarr had made “questionable use” of $3.3m of company funds, writes Waly Dione Faye in Dakar.

Senegal
Free

The power and water utility serving Morocco’s commercial capital has transferred from French private sector control and is now being run by the state-owned SRM C-S. The move underlines the extent to which African governments are looking for new management models for vital services and highlights how the private sector has failed to meet expectations in electricity distribution.

Morocco
Subscriber

Khadim Bâ, a central figure in Senegal’s power and energy sectors for many years, has been arrested following allegations by Senegalese Customs over unpaid oil import duties, writes Waly Dione Faye in Dakar.

Senegal
Free

The Nigerian government needs an urgent boost after essential macroeconomic reform measures sparked huge public opposition. By placing President Bola Tinubu at the centre of plans to revive long stalled projects, Abuja can point to the potential for a better economic performance ahead – at least in the longer term – while opponents test the administration’s resilience with the threat of more short-term disorder.

Nigeria
Subscriber

Egypt Prime Minister Mostafa Madbouly secured a $5bn pledge from Saudi Arabia’s Public Investment Fund (PIF) in mid-September, in what Egyptian authorities described as a “first phase” of investment. The plunging value of the Egyptian pound over the past few years has made deals significantly more attractive to Gulf investors and President Abdel Fattah El Sisi’s regime needs the financial support as much as ever.

Egypt
Subscriber

Crude oil cargoes worth some $400m have been exported from Libya by an obscure private company, in the latest sign of a breakdown of authority in the country. Blockades and force majeure stoppages at other oil facilities, along with the exile of a controversial central bank governor, threaten to plunge the country into an existential crisis. It comes as the compromises which have helped to contain civil conflicts since the fall of the Qadhafi regime look ever harder to sustain, writes John Hamilton

Libya
Subscriber

In the final month of the presidential election campaign, Tunisians face a scenario increasingly common across the developing world. With the right approach to decision-making progress in the electricity generating sector is possible, but presidential meddling and growing competition between deep-state interests makes life difficult for technocratic officials, foreign investors and local partners. The quandary is particularly acute in the emerging renewable energy space, writes John Hamilton.

Tunisia