Vale irked by Steinmetz lawyer | Cabo Delgado: Kagame offers help | Abuja attacks JPMorgan

Power Brokers and their Connections

Daily issue Thursday 13 May 2021 SPOTLIGHT  GUINEA _ _   Vale contests BSGR's new counsel in $2bn Simandou iron ore battle   After starting a trial in the US to demonstrate that its former partner on the Simandou iron ore project, Beny Steinmetz, had fraudulently invested funds in New York property, the Brazilian mining group Vale believes its opponent's new lawyer has been picked to undermine the proceedings.  [...] CENTRAL AND WEST AFRICA  EUROPEAN UNION _ _  DRC _ _   Tshisekedi and EU negotiate training for Congolese army   Shortly before replacing the civilian leadership of two restive provinces with senior army officers, the DRC president asked Brussels for military training assistance.  [...]      UNITED STATES _ _  AFRICA _ _   US-based Cybastion makes steady progress in African cyber   US Navy veteran of Cameroonian descent Thierry Wandji Ketchiozo's firm Cybastion has landed several data security contracts in French-speaking Africa.  [...]      NIGERIA _ _   Buhari casts around for new diplomatic advisor   The Nigerian president has entrusted his chief of staff with selecting his new international relations advisor to replace Yahaya Lawal, who has been posted as ambassador to Saudi Arabia.  [...]      EQUATORIAL GUINEA _ _   Geomines and EOD-EX ready to deploy in wake of Bata barracks explosion   The French mine clearance experts Geomines and EOD-EX have offered their services to improve security in the Bata area. In early March, Equatorial Guinea's largest city was rocked by the explosion of munitions stored at a military barracks.  [...]  IVORY COAST _ _   Bruno Le Maire offers Ouattara win-win deal EASTERN AND SOUTHERN AFRICA  RUNNING STORY _ _  MOZAMBIQUE _ _   Kagamé envisages military support for Nyusi   The Rwandan president has dispatched a team of officers to assess the potential for his army to support Mozambique in its battle against the Islamist insurgents in Cabo Delgado.  [...]      MADAGASCAR _ _   Mining minister Ravokatra digs in heels over code revamp   Fidiniavo Ravokatra has no plans to make concessions on his tax reforms despite an outcry from mining companies.  [...]      SOUTH AFRICA _ _   Luxury giant Kering reviews its ostrich leather and crocodile skin supply chains   In the firing line of environmental and animal rights campaigners, Kering has been reassessing its supply arrangements for mohair wool, crocodile skins and ostrich leather in South Africa.  [...] NORTH AFRICA  RUNNING STORY _ _  MOROCCO _ _   Crisis? What crisis? Al Mada rides Covid storm to record profits   Later this month the royal holding company will present glowing 2020 figures at a shareholders' annual general meeting, with unprecedented net profits and generous dividends.  [...] OIL & GAS  NIGERIA _ _   OPL 245: Abuja still in dispute with JPMorgan over $875m wired to Dan Etete   Though the court in Milan acquitted ENI over its 2011 acquisition of the OPL 245 oil block, the High Court in London is taking a closer look at the transaction.  [...] MINING SECTOR  MADAGASCAR _ _   Rio Tinto pushes its agenda in tax renegotiations   QMM, Rio Tinto's division in Madagascar, has scheduled bi-monthly meetings with authorities to discuss its fiscal regime, up for renewal, and hired former head of communications on Simandou and Oyu Tolgoi and agency 35° Nord to reinforce public relations over the next year.  [...] Discover our subscription offers

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