ali-haddad

IFC accords $150m loan to Olam to boost palm oil production in Gabon

The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of Singapore-based Olam International, to boost the company’s production of palm oil in the central African country. The loan, Gabon Review reports, will be used in the construction of a biodiesel […]

Sahara: Washington reaffirms strong backing to Autonomy Plan

U.S. Assistant Secretary of State for International Organization Affairs Michele Sison has reaffirmed Washington’s steadfast support to the Moroccan autonomy plan offered for a lasting resolution of the Sahara issue, describing the plan as “serious, credible and realistic”. The United States continues to view the autonomy plan presented by Rabat as serious, credible and realistic, […]

Hungarian legislature green-lights deployment of troops to Chad

Hungary will send up to 400 troops to Chad to protect the interests of the European country and assist international forces in the region in the fight against terrorism. The decision was validated by the parliament on Monday November 6. The troops will arrive as late as December 31, Alwihda Info reports, citing local Hungarian […]