Equipping to expand in Suez

Equipping to expand in Suez

Supplied by Egyptian dealer Otrac Heavy Equipment, Doosan and Bobcat equipment has played an important role in the intensive construction works that have been undertaken for  the recently  completed  extension  of  the Suez Canal, heralded as an historic achievement that will help to boost the Egyptian economy. The Suez Canal dates back to the middle […]

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Crude Oil Pipeline: Uganda to Raise Shs300b

“Market sounds to gauge financing appetite” is said to be carried out for the proposed East African Crude Oil Pipeline (EACOP) by Japan’s Sumitomo Mitsui Banking Corporation Europe Ltd (SMBCE), Standard (Stanbic) Bank, and Industrial and Commercial  Bank of China Limited (ICBC), the three financial advisors for France’s Total E&P, Uganda-Tanzania, and China’s CNOOC. The […]

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