Razel in legal battle with Magil over €26m 'unpaid' debt

Razel, the Cameroonian subsidiary of the French group Fayat, is accusing the Canadian firm Magil, which was in charge of construction for the African Cup of Nations (CAN), of not honouring a debt of more than €26m. A sum that Magil is strongly contesting. The French group, which has taken the case to court, has also lost the contract for the construction of the Douala urban motorway. [...] (810 words)
Issue dated 08/09/2022 Reading time 4 minutes

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!