Estimated at $5.7bn, this transaction, which was confirmed on 31 March, will undoubtedly be one of the African business highlights of 2022. It formalises the takeover by MSC of the Bolloré group’s African activities in the port and logistics sectors. It is a matter of handing over an empire, which was patiently built over several decades and today contributes €2.3bn to the Bolloré group’s €19.7bn ($21.7bn) turnover reported in 2021.
Who’s who in Vincent Bolloré’s Africa networks
In semi-retirement since mid-February, Vincent Bolloré, who is due to sell his African port and logistics empire to the Mediterranean Shipping Company (MSC), nonetheless retains interests on the continent and an influential inner circle that includes former heads of state, trusted men and business leaders.