Gaz du Cameroun suspends supply to energy company Eneo and threatens to take legal action for unpaid bill

(Agence Ecofin) – Gaz du Cameroun (GDC), the subsidiary of Victoria Oil & Gas, terminates its supply contract with the electric operator Eneo, a subsidiary of Actis. The disagreement relates to a claim of 9 billion FCFA. GDC also plans to take legal action if the situation remains unchanged. In a note published on July […]

Beac authorizes the opening of escrow accounts in foreign currencies for the benefit of Cemac’s oil and mining operators

(Investing in Cameroon) – The Board of Directors of the Bank of Central African States (Beac) authorized, on July 3, the opening of escrow accounts in foreign currencies for the benefit of oil and mining operators of Cemac ( Cameroon, Central African Republic, Gabon, Equatorial Guinea and Chad) who would request it. The Central Bank […]

With the acquisition of Saham Kenya, MUA confirms its ambitions in East Africa

(MUA) – The Mauritian insurance company MUA Ltd (“MUA”) announces the completion of the acquisition of Saham Assurance Company Kenya Limited (“Saham Kenya”), through its subsidiary MUA Insurance (Kenya) Limited. Present in the region since 2014, the date on which it acquired Phoenix TransAfrica Holdings (with a presence in Kenya, Tanzania, Uganda and Rwanda), MUA […]

The League player Ceccardi: «Image by John Lennon? Marxist song »- Corriere TV

The League player Ceccardi: «Image by John Lennon? Marxist song »Corriere TV Pro-Soviet “image”? A terrible thought. That’s why La Repubblica The Lioness of Cascina and the song by John Lennon The West The conspiracy theories about the death of John Lennon R3M According to Ceccardi ‘Imagine’ by John Lennon Marxist song: the reactions of […]

Global satellite operator Oneweb saved from bankruptcy by Britain and Bharti Airtel

(Agence Ecofin) – The British government and the Indian telecoms group Bharti Airtel are the new owners of the satellite operator OneWeb. The company that declared bankruptcy in March should receive $ 500 million from each shareholder and pursue its ambition to offer Internet everywhere on earth. The American satellite operator OneWeb, present on the […]

How will respirators be delivered in Colombia? – Health

The pandemic in Colombia has an asymmetric evolution, conditioned not only by the characteristics of each region, but also for the time in which the virus was present in them. However, according to César Burgos, former president of the Colombian Association of Scientific Societies, The risk that people have of acquiring the covid-19 is similar […]

Debt: the counterproposal that UBS brought to the government

The ACC submitted a new offer to the Government with a valuation of about 54.5 cents on the dollar for every 100 sheet (taking a 10% discount rate) as observed from the proposal to which it agreed Ambit. Broadly speaking, UBS requests to maintain the clauses corresponding to the bonds of the 2005 (Indenture) issued […]

Euroméditerranée launches a competition for African start-ups and SMEs

(Agence Ecofin) – EPA Euroméditérannée (public development establishment) has launched a competition for innovative companies in the context of the development of resilient Mediterranean and African territories. The competition is open to start-ups, small and medium-sized enterprises. The public development establishment Euroméditérannée de Marseille, in partnership with Emerging Valley, announced this 1is July the 2th […]

Ecobank Group and Bpifrance join forces to promote exports to Africa

(ECOBANK) – Bpifrance, through its subsidiary Bpifrance Assurance Export, the French export credit agency, responsible by the State for managing on its behalf, on behalf and under its control, the public guarantees for the foreign trade, signed a memorandum of understanding with the Ecobank Group, the pan-African bank present in 35 African countries. The two […]