Alassane Ouattara ’s handling of his political foes and their gunmen will determine whether he can attract investors after the prospect of civil war victory sparked a rally in Ivory Coast’s international bonds due 2032.
Angolan President Jose Eduardo dos Santos, Africa’s second-longest serving leader, will probably be chosen this month as the ruling party’s presidential candidate for September’s election, a party spokesman said.
A political wrangle over an Iranian arms shipment seized in Nigeria has set back the Persian Gulf nation’s efforts to cultivate links in Africa as it seeks to forestall diplomatic isolation over its nuclear program.
Angola’s ruling party is gripped by a struggle over who should succeed President Jose Eduardo dos Santos, amid public rallies calling for the leader of Africa’s second-largest crude producer to quit after 32 years in power.
Oil producers led by Exxon Mobil Corp. , Chevron Corp. and Tullow Oil Plc tripled spending in sub- Saharan Africa to $30 billion a year in a decade, finding twice the U.S.’s remaining reserves. The flow of cash is now at risk as nations from Uganda to Ghana tighten control of the industry.