The former Monaco Resources Group, now renamed Sonel Investments S.A.M., seems to be experiencing its final struggles. According to Financial Afrik, United Bank for Africa (UBA) has instructed bailiffs to seize the equipment of the Société des Bauxites de Guinée (SBG) as part of a recovery procedure. While this banking initiative illustrates the immediate difficulties…...
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Guinea: former empire Monaco Resources falters, Frankfurt prosecutor enters the scene
By Adama WADE
Adama WADE
Publishing Director of Kapital Afrik. In the African economic press for 17 years, Adama Wade had to work in Morocco in several editors. Captain at the Long Course of the Merchant Navy and holder of a Masters in Organizational Communication, Adama Wade has published an essay, "The Myth of Tarzan", which describes the geopolitical complex of Africa.
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About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com