The Morning Call
The detention and subsequent questioning of French billionaire tycoon Vincent Bolloré over his Africa operations raises critical issues regarding the business atmosphere on the continent.
Vincent Bolloré was interrogated on Tuesday by French investigators specifically for the conditions under which he obtained two of the sixteen container terminals in the ports of Lomé, Togo and Conakry, Guinea in 2010.
State prosecutors believe that Bolloré, who has interests in several African countries, could have taken advantage of his Havas communications agency to facilitate African heads of state into power in exchange for concessions to operate these terminals.
On the business segment of the Morning Call, our Jean David-Mihamle examines the implication of this on the business atmosphere on the continent and why state institutions must be seen to be serving the best interest of its people.
01:02
Pics of the day: April 30, 2024
01:30
Polls open in Togo parliamentary elections ahead of proposed controversial reforms
11:08
Can Africa’s soil sustain food security? [Business Africa]
01:15
Africa: About 51 million lives saved through immunization programme - WHO
01:49
Togo: Women candidates campaign ahead legislative and regional elections
00:52
Tanzanian president in Turkey for 5-day state visit