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 […]
Tag: Owendo
Georgia announces release of two seamen captured in Gabon’s seas
Two Georgian sailors captured early this month by pirates in Gabon’s territorial waters have been released from captivity, authorities of the European country announced Wednesday. “Two Georgian sailors abducted in Gabon were freed on May 21 thanks to the efforts of Georgia’s foreign ministry, the Georgian embassy in South Africa, and Georgia’s maritime transport agency,” […]

