Komsilga Power Plant case: Sopam SA enters Bolloré’s accounts in 5 countries

The Sopam SA company of Burkinabé businessman Panguéba Mohamed Sogli announces the seizure of the accounts and property of the Bolloré group in connection...

Asafo & Co. and Lawtons Africa annonce landmark Tie-up in South Africa

Asafo & Co. and Lawtons Africa are pleased to announce their landmark agreement to join forces. The tie-up both significantly strengthens Asafo & Co.’s...

Nigeria condemned to pay 20% of foreign exchange reserves to P & ID

The West African giant was sentenced on 16 August by the Business and Property Courts of the United Kingdom to pay 9 billion dollars...

Gabon trembles while waiting for the verdict on Webcor

The case opposes Webcor ITP Limited to the State of Gabon. This Malta-based company, which has no known activity, signed a framework contract on...

Cape Verde sees investment: government’s vision and commitment are paying off

Dubbed the most democratic nation in Africa, Cape Verde is one of the better-known of the continent’s success stories. While Cape Verde’s scattered islands...

OCP Kenya: The Prosecutor’s office withdraws its charges

The Director of Public Prosecutions announced today that the charges leveled against OCP Kenya and its officers on June 22, 2018 have been lifted, in...

Djibouti State Sentenced to Pay USD 385 Million to DP World

The London Court of International Arbitration has ordered the State of Djibouti to pay USD 385 million in compensation to Dubai Port World Port...

The legal & financial chronicle (1)

By Massandouno Doussou Komara. Repatriation of assets stolen by corrupt leaders: from theory to reality The return of stolen assets by corrupt leaders to their countries...

The BRVM seals a partnership with CIPME

The Regional Stock Exchange (BRVM) and the Côte d'Ivoire SME Agency (CIPME) signed a memorandum of understanding under the Chairmanship of the Ivorian State...

France: Total judged for “corruption of public officials abroad”

The prosecutor's office on Friday ordered the confiscation of 250 million euros against the oil group Total, tried for corruption of foreign public officials...

Angola: The son of former President Dos Santos placed in pre-trial detention

The former head of the Angolan sovereign wealth fund, Jose Filomeno dos Santos, was placed in pre-trial detention on Monday (September 24th) by the...

A new financial scandal at ASECNA

The Agency for the Safety of Air Navigation in Africa and Madagascar (ASECNA) is again wet in a hijacking case. This time, a hole of...

UK justice prevents Djibouti port company from terminating joint venture with DP Word

On 5 September 2018, the High Court of England and Wales issued an injunction prohibiting the Djibouti port company, Port of Djibouti SA (PDSA),...

Taxation of SMEs in Francophone Africa: the indispensable reform

By Christian Kazumba *. Real tax havens for businesses! This is the way the current rumor or people who are not very well informed often...
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