Via Bloomberg, an article on increasing investment interest in West Africa: West Africa eurobonds on average saw better returns than peers China investment to region has surpassed East, Southern Africa Investors in West African countries are enjoying the best returns on the continent, and are shifting money flows to a region that’s performed well despite […]
Read more »Courtesy of the Wall Street Journal, a report on the competition between the U.S. and China to secure relationships in Gabon and Equatorial Guinea: In August, Ali Bongo, then-president of the Central African nation of Gabon, made a startling revelation to a top White House aide: During a meeting at his presidential palace, Bongo admitted he […]
Read more »Courtesy of BNN Bloomberg, a report on Gabon’s plans to buy an oil company owned by The Carlyle Group: Gabon plans to buy an oil company owned by The Carlyle Group Inc. by taking advantage of its right to increase its stake as an existing shareholder of the firm that pumps crude from the central […]
Read more »Via Semafor, an article on Karpowership’s plans to grow its African footprint: A Turkish company whose floating power ships switched off the electricity supply to two of Africa’s poorest cities in recent months says it is in talks with six more countries to expand across the continent. But critics argue it only provides a short […]
Read more »Via Bloomberg, a report on African oil drilling company, Perenco: Perenco, an oil driller owned by the billionaire Perrodo family, has seen no disruption to its operations from coups across Africa and expects business to continue as usual. The military takeover of the former French colony of Gabon in August sent the shares of several […]
Read more »Via Semafor, a look at how Gabonese wealth was splashed around over the decades was through a familial love of music, particularly spending on bringing some of the world’s biggest stars for one-off performances in the capital, Libreville: There is a deep love for music that runs through the Bongo family but it is their […]
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