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CONGO Oil & gas Issue dated 18/02/2021

Shadow of Glencore hangs over Sassou's re-election bid

The incumbent Congolese president Denis Sassou Nguesso is ardently hoping that he can round off his campaign for a fourth term in office with news that the IMF is going to resume its financial support for the country. But there is still a major sticking point in the negotiations with the Bretton Woods institution: the debt owed by the Congolese state to the trading giant Glencore. [...] (437 words)
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