Kamailoudini Tagba

1 month ago | bloomberg.com | Ray Ndlovu |Kamailoudini Tagba

Mthuli Ncube(Bloomberg) -- Zimbabwe expects $2.6 billion in bridge finance — needed to repay debt owed to international financial institutions and regain access to capital markets — to be in place by the first quarter of next year, Finance Minister Mthuli Ncube said. Ncube shared details of the latest roadmap to revamp the southern African nation’s liabilities at an event in Abidjan, Ivory Coast’s commercial capital, on Monday, on the sidelines of the African Development Bank’s annual meetings.

1 month ago | bloomberg.com | Katarina Hoije |Kamailoudini Tagba

(Bloomberg) -- A top United Nations court ruled in favor of Equatorial Guinea in a long-running territorial dispute with Gabon, awarding it sovereignty over three small islands located in potentially oil-rich waters in the Gulf of Guinea. The case, brought before the International Court of Justice in 2021, centers on the Mbanie, Cocotiers and Conga islands, largely uninhabited isles just off Gabon’s Atlantic Ocean coast.

1 month ago | bloomberg.com | Jennifer Zabasajja |Kamailoudini Tagba |Ekow Dontoh

John Mahama(Bloomberg) -- Ghana is encouraging investors to get the country’s crude out of the ground to avoid the assets from getting stranded amid a global decarbonization push. The government is ready to roll out the “red carpet” to any investor prepared to drill and pump crude, President John Mahama said at the Africa CEO Forum in Abidjan, Ivory Coast’s commercial capital, on Tuesday. “Oil is in transition and so anybody who has any assets should be pumping like there’s no tomorrow,” he said.

2 months ago | bloomberg.com | Katarina Hoije |Kamailoudini Tagba

Tidjane Thiam(Bloomberg) -- An Ivory Coast court’s decision to remove Tidjane Thiam from the voters’ roll effectively disqualified the former Credit Suisse chief executive officer from this year’s presidential election, raising the risk of political instability in the world’s biggest cocoa-producing nation. An Ivorian tribunal on Tuesday found Thiam, 62, ineligible to be registered as a voter because of his dual French-Ivorian nationality, his lawyer Rodrigue Dadjé said.

2 months ago | bloomberg.com | Katarina Hoije |Kamailoudini Tagba

Tidjane Thiam(Bloomberg) -- Tidjane Thiam, the former Credit Suisse chief executive officer, has effectively been disqualified from running for president of Ivory Coast following a court ruling that found him ineligible. An Abidjan court on Tuesday removed the main opposition party’s candidate from the voters’ list six months ahead of elections, Alexis N’Guessan, one of Thiam’s  advisers, said by phone. “We’re waiting for the official decision to understand the court’s reasoning,” N’Guessan said.