Tag: Lambaréné
Business Finance Headlines

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

North Africa PostComments Off on 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 […]
Energy

Oil India to conduct exploration test at Gabon’s Lassa oil field

North Africa PostComments Off on Oil India to conduct exploration test at Gabon’s Lassa oil field

Indian state-run oil company, Oil India, will soon conduct exploration tests at Lassa oil field, in Gabon’s central region of Lambaréné, Gabon Actu reports. Manas Kumar Sharma, CEO of the company made the announcement as he met with Vincent De Paul Massassa, the Oil and Gas minister of the central African country. “We came to […]