Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with a US$335-million project financing facility. The announcement comes as the project spearheaded by Gemcorp, a UK-based asset management company, to build a refinery in Angola has been well behind schedule, […]
Gabon is marking a year since its military coup with a mix of celebration and cautious optimism. The overthrow of the Bongo family’s 56-year rule was widely hailed as a “liberation” by Gabonese tired of corruption and economic stagnation. In Libreville, the capital, crowds gathered to cheer interim president General Brice Oligui Nguema. There’s a […]
UN Secretary General Antonio Guterres has posthumously awarded the Dag Hammarskjöld Medal to 1st Corporal Karim Temara, a member of the Moroccan Royal Armed Forces, during a ceremony held lately at UN Headquarters in New York. Temara died in 2024 while serving with the UN Stabilization Mission in the Democratic Republic of Congo (MONUSCO). The […]
