Latest News Central Africa

Construction & Infrastructure

31/12/2019 at 16h19, by Aurelie Benoit

Bridge on the River Logone (Cameroon): Razel Bec ahead of the field

The French construction group has recently won a contract worth over €50m ($56m) to build a new road...

Mines

30/12/2019 at 15h17, by Valentin Grille

Glencore bolsters its cobalt sales in the DRC with SK Innovation

The giant Swiss trading company has signed a long-term agreement with the Korean firm and consolidates...

Electricity

19/12/2019 at 14h55, by Gaëlle Arenson

With Canada’s JCM Power, STOA Infra & Energy (CDC/AFD)’s commitments reach $234m

Two months after investing in GSEZ Ports, the vehicle which is 83.3% controlled by France’s Caisse de...

Maritime transport

19/12/2019 at 11h20, by Africa Business+

Eric Lavenu takes up the reins at Kribi Conteneurs Terminal

The French national has been in charge of operations at Kribi Conteneurs Terminal (KCT) since 1 November....

Oil & Gas

17/12/2019 at 13h34, by Africa Business+

Adolphe Moudiki (SNH) appoints Simon Paley to head Tradex

The Cameroonian was appointed Managing Director of the petroleum products trader on 12 December at a...

Logistics

13/12/2019 at 18h23, by Africa Business+

ICTSI (Groupe Ledya/SCTP) and DP World struggling to relaunch Congo’s ports

Holder since June 2016 of the concession at Matadi, the main seaport of the DRC, Philippine company...

New technologies

11/12/2019 at 17h03, by Africa Business+

GFI (IT services) targets business worth $110m by 2023

Vincent Rouaix, Chairman and CEO of the French group was in Yaoundé on 4 and 5 December to announce...

Logistics

09/12/2019 at 15h13, by Africa Business+

MSC still shut out from managing operations at Douala

Following another legal victory on 4 December for the current licence holder, Douala International Terminal...

Bank

06/12/2019 at 18h03, by Africa Business+

BGFI expects to raise over $78m from its IPO

Central Africa’s leading bank is preparing an IPO on the BVMAC stock exchange in Douala by the end of...

Electricity

06/12/2019 at 17h46, by Africa Business+

China International Water & Electric Corporation interested in Actis’ shareholding in Eneo

The subsidiary of China Yangtze Power – manager of the Three Gorges Dam in China – is in negotiations...

Construction & Infrastructure

06/12/2019 at 06h54, by Gaëlle Arenson

Olembé Stadium: Benoît Fabre stays put at Magil despite the summons from Piccini

Benoît Fabre, previously Project Control Manager of the Olembé Stadium project in Cameroon for Gruppo...

Oil & Gas

29/11/2019 at 17h16, by Africa Business+

Cameroonian Vitalis Chick finalises CNOOC’s projects in Gabon

The Chinese oil company takes over full ownership of the two offshore licences held with Shell and is...

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