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, […]
Protesters in the southern Kebili province have forced the closure of another oil pumping station as their claims for job opportunities gain momentum. The closing of the Faouar pumping station, operated by French Perenco company, has been confirmed by several media outlets in Tunisia. The closing was reportedly carried out peacefully, without any clashes with […]
Few days after the launch of a migrant regularization campaign in Algeria, a new Algerian political leader and former Prime Minister Ahmed Ouyahia expressed heinous statements verging on racism and hate speech against Sub-Saharan migrants in the country. Speaking to Ennahar TV station, Ouyahya, Secretary General of RND political party, described Sub-Saharan migrants as a […]
