Under the guise of corporate social responsibility (CSR), Africa’s richest man, Aliko Dangote, has begun using his cement company to rehabilitate some of Nigeria’s federal roads using concrete. One of the most high-profile of these projects centres on a large section of the road network around Lagos’s ports. But while ostensibly a philanthropic endeavour, it is undoubtable that Dangote himself serves to profit from this scheme.
Having secured influence with the ruling CCM in the 1990s, Rostam Aziz soon rose to become one of Tanzania’s most influential figures. While his influence appears to have waned somewhat – following his incrimination in various corruption scandals – Aziz still retains friends and allies within the CCM and is believed to retain some influence behind the scenes.
Aliko Dangote’s new refinery – which is expected to be operational in 2019 –represents a huge potential boost for the Nigerian economy. Of equal interest, it will also secure Dangote’s eminent position in Nigeria’s economic and political circles, potentially at the expense of some politically-connected individuals who are alleged to have improperly profited from importing refined petroleum.
While cocoa smuggling between Ghana and Ivory Coast is common, allegations of corruption and other illicit practices within Ghana's cocoa sector regulator, Cocobod, may tarnish Ghana's international reputation as a reliable supplier, and could prove more damaging to the country's lucrative industry.
President Magufuli’s increasingly authoritarian actions have attracted concerns over the state of democracy in Tanzania. There are indications that the recent closures of opposition-linked newspapers could be a mere ploy to weaken the opposition and stifle government critics.
Over the next weeks Shadow Governance Intel will be releasing analysis that looking at China’s evolving interests in Africa. This will culminate in the release of a Report (available in the Store) that explores China’s burgeoning relationship with the Continent. The report, available in early October, details China’s key commercial actors in Africa, highlighting the trajectory of the main trends in this complex relationship.
Sonangol’s complex relationship with the Presidential office has created a de facto parallel government. Over the years it has operated outwith the traditional remit of a national oil company, exercising undue political and economic influence to the benefit of a select few. However, a combination of low global oil prices and restructuring will likely serve to finally curb its influence.
The actors and transit routes involved in the DRC-Dubai gold trade raise suspicion; not least because estimates suggest that 70% of all DRC gold reaches Dubai. Those who stand to benefit may have little incentive to enforce a crackdown. Understanding the nuances of the DRC-Dubai trade route should be a priority for sector stakeholders.
With President Kabila and his close circle of allies retaining tight control over industrial mining in the DRC, it is vital that foreign investors learn how to navigate networks of exposed political elite and their various gatekeepers. Shadow Governance’s new report on mining in the DRC details the key power plays and power players.
Turkey’s relationship with Ethiopia is one of its strongest in Africa, and over the past decade has evolved from merely trade-related to more of a strategic political partnership, with both government’s playing key roles. With Turkey fulfilling Ethiopia’s need for foreign investment, Ethiopia remains a willing partner in Turkey’s fight against the so-called Fethullahçı Terör Örgütü (FETÖ).
This is Part II of a two-part article reviewing Nigeria’s agriculture sector – its opportunities and key players. Today’s contribution reviews the key players involved in the production of rice, wheat, and sugar.
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The government of Nigeria is actively promoting the country’s agriculture sector as a viable alternative to oil. Various schemes and investment incentives have been introduced, but the sector remains hampered by lack of infrastructure. Despite this, several businesses are capitalising on the move to make agriculture a key industry once again. This analysis covers emerging sector opportunities, and reviews its key players.
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