NewsCentral Africa

Mon,11Dec2017

Central Africa

São Tomé e Príncipe dreams of a new business hub

Peaceful São Tomé has ambitious plans for port infrastructure and tourism - Credits: Vincent Fournier/JA
If the expected oil-powered growth is now a spectre on the horizon, São Tomé e Príncipe is not short of transformational ideas, including creating trade and business hubs

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Interview: Patrice Trovoada, Prime Minister of São Tomé e Príncipe

 Patrice Emery Trovoada, Prime Minister of Sao Tome and Principe, in his office - Credits: Vincent Fournier/JA
São Tomé’s head of government talks about his decision to recognise Beijing and his administration’s strategy to attract investment to the islands

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Republic of Congo: Gunvor, the Kremlin, oil and corruption

rsz repcongo gunvor

Swiss courts are investigating a series of opaque business deals linking members of the Brazzaville elite and a major commodities trader

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Chad wants to cut off Glencore's oil supplies in debt row

The ExxonMobil logo appears on a screen above the trading floor of the New York Stock Exchange, Oct. 24, 2017. Photo: Richard Drew/AP/SIPAChad is on a collision course with top creditor Glencore as it wants to divert oil from the Swiss trading house to U.S. energy company ExxonMobil from the new year amid a dispute over debt restructuring.

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Congo to double capacity of Inga 3 hydro project in bid to cut costs

A woman pushes her bicycle past dugout canoes  on the Congo river on Aug.1, 2002. Photo: CHRISTINE NESBITT/AP/SIPADemocratic Republic of Congo has decided to more than double the size of its planned Inga 3 hydroelectric plant to make it more economical, after the $14 bn project was hit by financing problems.

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Congo's Inga 3 hydro project start-up delayed until 2024/25: govt

In this June 2016 file photo, Congolese President Joseph Kabila, center, in Kindu, Congo. Photo: John Bompengo/AP/SIPADemocratic Republic of Congo said late on Monday that its Inga 3 hydroelectric project is not expected to begin producing power until 2024 or 2025, not 2020 or 2021 as originally planned.

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