Essential intelligence on Africa and the Middle East

Home > News > Monitoring
banner image
Kuwait corruption body has a mountain to climb

Kuwait’s new Anti-Corruption Authority (ACA) has its work cut out. Finally established in mid-2013 after years of rhetoric, the ACA (sometimes also referred to as the Public Authority for Anti-Corruption, or PAAC) has made some progress. A...

Iraq’s southern oil producers react angrily to budget

The Iraqi cabinet passed the 2014 draft budget on 15 January, but its passage through parliament is facing a number of challenges. As well as complaints from the Kurds (see box, page 5), the budget’s failure to follow through on a 2013...

Zambia’s Zesco looks to expand but bond plans unsettle IMF

Zesco has drawn up plans to spend some $5bn over the next five years to expand its generation, transmission and distribution infrastructure and is now looking at ways to raise funds. But donor concerns are being raised about the sustainability...

Guinea: Beny Steinmetz sues Global Witness

Israeli diamond magnate Beny Steinmetz and three fellow directors of his Guernsey-registered BSG Resources (BSGR) have filed a damages claim against London-based Global Witness at London’s High Court over violations of the Data Protection Act (...

Chad takes tough stance on Chinese investor – but not too tough

President Idriss Déby Itno has attempted to get tough with China National Petroleum Corporation (CNPC) over environmental violations at the Ronier field. This minor development is significant because of increased international interest in the...

Tanzania: Donors warn on corruption inertia

Foreign donors have warned the Tanzanian government that it must take stronger action in fighting public corruption and improving governance, especially in the energy, mining and health sectors. Swedish ambassador Lennarth Hjelmåker told the...

Mali: Corruption investigation

In mid-December six judges and judicial officers were charged and taken into custody in an investigation into corruption. “In the context of the fight against corruption and financial crime triggered by the Malian government, six judges and...

Tanzania: No names in Swiss scandal

Kigoma North MP Zitto Kabwe has told an investigative committee headed by attorney-general Fredrick Werema that he does not have the names of five individuals accused of stashing over $190m in Swiss banks. Kabwe, an MP for the opposition Chadema...

Nigeria: Bilfinger fine

German engineering and services company Bilfinger SE has agreed to pay a $32m fine to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) by bribing Nigerian government officials. The US Department of Justice (DoJ) charged...

Egypt: Government promises to pay part of EGPC arrears

The government has promised to pay $1.5bn of the $6bn it says it owes oil firms in an effort to revive investor confidence and boost investment in the energy sector. “There is approval to pay $1.5bn,” interim prime minister Hazem El-Beblawi told...

Pages

Due diligence

For clients seeking a balanced picture of a company or individual, due diligence can provide an accurate view of their reputation, connections and identify potential problems

More >

Strategic advisory

From political risk to market entry studies our strategic advisory service is specifically tailored to a client’s current or intended strategic position

More >

Consultancy

Our consultancy services range from carrying out large-scale quantitative projects for public sector clients to identifying opportunities and monitoring risks for investors and developers

More >

Meetings

Engaging government and industry with local experts to discuss the changing political landscape and emerging investment trends in Africa and the Middle East

More >