Tindouf jihadists

SWISS CAVOTEC WILL SUPPLY OCP GROUP ADVANCED CABLE & HOSE REEL SYSTEMS

Swiss Engineering Company Cavotec has announced the signing of an order with TAKRAF India Pvt. Ltd. for the supply of cable and hose reel systems to Morocco’s OCP group, the world’s largest producer of phosphate-based fertilizers. The order comprises seven cable reel systems and six hose reel systems. The systems will provide safe and reliable […]

Libya: ‘NOC must surrender to PC’ French Premier

French Prime Minister Bernard Cazeneuve Friday in Tunis underlined France’s stance on the control of the Libyan oil saying that the National Oil Corporation (NOC) must align with UN-backed Presidency Council (PC). The French leader met with PC head Faiez Serraj in the Tunisian capital as a gesture of support for the weak UN-sponsored Libya […]

Mastercard ventures into African fintech, snapping up $5.2bn stake in continent’s no.1 telco

Mastercard has acquired a minority stake in the fintech subsidiary of South African telecommunications giant MTN in a deal valued at a whopping $5.2 billion, whereby the partnership will see Africa’s biggest mobile company to strategically leverage the US giant’s technology for its payments and remittance expansion in the continent. By snapping up the minority […]