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Published 4th March 2021

Vol 62 No 5


Congo-Kinshasa

Bank officials 'expose money-laundering network'

Copyright © Africa Confidential 2021
Copyright © Africa Confidential 2021

After fleeing for their lives, two Kinshasa auditors at Afriland Bank leak thousands of documents showing its ties to sanctioned businessman Dan Gertler

Two auditors, who fled Congo-Kinshasa in fear of their lives, have leaked thousands of bank records showing how companies linked to Israeli business magnate Dan Gertler were able to bypass sanctions imposed on him by the United States in December 2017. The US Treasury had accused Gertler of amassing his fortune 'through hundreds of millions of dollars' worth of opaque and corrupt mining and oil deals' in Congo-Kinshasa.

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Stirring the regional pot

Copyright © Africa Confidential 2021
Copyright © Africa Confidential 2021

A burgeoning Ethiopia-Eritrea-Somalia axis is resetting relations all over the Horn and undermining regional institutions

Prime Minister Abiy Ahmed is fending off all pleas for mediation and accountability for human rights abuses committed during his campaign to defeat the Tigrayan People's Liberation Front...


Battle lines in the capital

Mohamed Abdullah Mohamed 'Farmajo'. Pic: AMISOM / Ilyas Ahmed
Mohamed Abdullah Mohamed 'Farmajo'. Pic: AMISOM / Ilyas Ahmed

President Farmajo refuses to leave office at the end of his term and the opposition has taken to the streets

If President Mohamed Abdullah Mohamed 'Farmajo' does not meet the opposition protesting his authoritarianism half-way, there are fears that splits in the security forces could lead to a...



BLUE LINES
THE INSIDE VIEW

After a month in which the Gulf monarchies saw the new United States administration in action, with sanctions against top security officials in Saudi Arabia, airstrikes on Iranian-backed militia in Iraq and pressure on United Arab Emirates' expansionism in the Horn of Africa, it is the turn of North Africa's authoritarian regimes to test the relationship.

New Secretary of State Antony Blinken quickly informed Egypt's President Abdel Fattah el Sisi that human rights are back on the US ...

After a month in which the Gulf monarchies saw the new United States administration in action, with sanctions against top security officials in Saudi Arabia, airstrikes on Iranian-backed militia in Iraq and pressure on United Arab Emirates' expansionism in the Horn of Africa, it is the turn of North Africa's authoritarian regimes to test the relationship.

New Secretary of State Antony Blinken quickly informed Egypt's President Abdel Fattah el Sisi that human rights are back on the US agenda, ending an era of impunity for President Donald Trump's 'favourite dictator'. What that means for a regime that has killed far more of its opponents than the now-sanctioned Saudi monarchy will unfold in the months ahead. 

It also means the end of El Sisi's intervention (as well as that of UAE) in support of Khalifa Haftar and allies such as Aguila Saleh in Libya, as politicians manoeuvre to form the new interim government there. President Joe Biden also dropped Trump's full-throated support for El Sisi in his dispute with Addis Ababa over the dam on the Nile, opting instead for multilateral negotiations.

Biden is yet to pronounce on Trump's acceptance of Moroccan rights over Western Sahara in exchange for Rabat's restoration of diplomatic ties with Israel. Insiders say the preferred strategy is bringing the UN back into the frame but concede that looks highly unlikely in the short term.

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The wrong side of the law

The disputed election results are stress-testing the judicial system and parliamentary politics

Highly polarised politics and an abundance of lawsuits are complicating government in the wake of the 7 December elections which delivered a hung parliament and a contested presidential...


Mboweni's budget choice – austerity or bust

The straight-talking finance minister faces multiple attacks as he tries to hold down civil servants' wages and cut state company funding

With more spending cuts and a slew of tax rises Finance Minister Tito Mboweni's budget today will make enemies across the board. Even after this, he may not...


Nowhere to hide

The murder of another Rwandan dissident in South Africa will test relations between the two countries

When the Rwanda National Congress (RNC) chairman in South Africa, Seif Bamporiki, was gunned down in the Europa informal settlement of Gugulethu township, Cape Town on 21 February,...


The money-sharing puzzle

The Fund prepares to hand out huge sums to its members, but an outdated formula means it may fail to kick-start economies

United States Treasury Secretary Janet Yellen stalled a G20 plan for the International Monetary Fund (IMF) to issue hundreds of millions of dollars in Special Drawing Rights (SDR),...



Pointers

Mining tycoon's mercy flight

The first new Ebola case was a 51-year-old nurse from Gouécké, in the far south of Guinea, who fell ill on 18 January and died 10 days later....


Election results spark riots

Post-election violence left two dead and almost 470 arrested in Niamey after provisional results awarded the government candidate Mohamed Bazoum 55.75% in the 21 February presidential run-off.