Deutsche Bank comes to rescue of new Senegalese city Diamniadio
Deutsche Bank plans to finance a series of infrastructure projects in the new Senegalese city of Diamniadio, which is being built to ease population pressure on the capital, Dakar.
Chinese construction giant Sinohydro, which won the contract for the extension of Rabat-Salé Airport in 2019 with a bid well below that of the leading Moroccan construction companies, is a long way behind with work on the contract and could even abandon it.
Already criticised in 2019 for hiring CRBC to work on the access road to the Blaise Diagne airport without a tender process, the road management agency Ageroute has now awarded the Chinese infrastructure giant a six-month extension to its contract.
Amarante International's new Africa director, Georges Uriot, is to temporarily take charge of the group's key Algerian subsidiary, while at the same time leading the group's drive to expand in African airport security.
Abidjan - France's traditional market place - is increasingly turning towards China, which has several important local figures lobbying on its behalf. An investigation. Infrastructure - Currently neck and neck with Beijing in its commercial stronghold south of the Sahara, [.
Underpinned by Eximbank, its formidable financial spearhead, China is increasingly making its presence felt in west and central Africa, a region where France already has extensive business interests. Beijing is now expanding beyond the ‘captive' energy and raw material markets [.