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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 […]
Marrakech Hosts 30th World LPG Forum
Morocco’s city of Marrakech, one of the world most population tourist destinations, will host the 30th World LPG Forum October 3-5. This global event will be bring together key international agencies, policy makers, The forum’s program features keynote address by Moroccan minister of energy, mines and sustainable development Aziz Rebbah, presentations by experts and debates […]
High cost prompts Senegal to cancel desalination deal with Acwa power
Senegal plans to cancel a 32-year deal with Saudi company Acwa power due to its high cost, Senegalese water minister Cheikh Tidiane Dieye said. The deal, valued at $800 million, was signed by outgoing president Macky Sall in his final days in office. New president Basirou Faye promised to review a set of deals signed […]



