Outlook is bleak for struggling Sogea-Satom subsidiary
Without fresh work, Sogea-Satom's subsidiary in Cameroon ended last year in difficulty as it began carrying out yet another workforce reduction plan in October. Prospects for 2022 are poor.
The subsidiary of the construction company Vinci, which was the only French firm to have responded to a tender call for several roadworks contracts in the greater Abidjan area, has more than held its own against rival Chinese giants who were also in the running.
In the midst of a major power struggle with Senate President Rivo Rakotovao, the government is pressing forward with investigations into the concession he awarded to French investment group Meridiam to operate the country's two main airports.
International lobbying and public relations companies are already crowding around the presidential palace to win the contract to stage the Organisation internationale de la francophonie summit (OIF – international organisation of French-speaking countries) in November 2015.
The Madagascan airport authorities are de facto"outlaws" in the eyes of the International Civil Aviation Organization (ICAO), which had set them a deadline of July 2010 to comply with airport security standards. The Aviation Civile de Madagascar (ACM) had initiated