The Denmark-based global engineering company FLSmidth will participate in the construction of a new cement plant in the region of El Jadida under a subcontracting deal with the Moroccan company TEKCIM. Tekcim had won the tender to build the MAD 2.6 billion ($274 million) cement plant in Ouled Ghanem in the province of El Jadida, […]
Gabon will host 23rd ordinary summit of the Economic Community of Central African States (ECCAS), a regional organization promoting regional economic cooperation in Central Africa. The ECCAS Summit, scheduled for July 1, will be chaired by President Ali Bongo Ondimba of Gabon, who took over the ECCAS’s leadership late February. The gathering is placed under […]
The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of $1.4 billion. The decision cancels 67% of the debts owed to Paris Club by Somalia. Several of Somalia’s Paris Club creditors, including the United States, the UK and Norway, as well as the World Bank and […]
