Company in Gabon
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BOTSWANA, 2017/07/16
A strong signal of growing business engagement with Africa by large U.S. corporations was the announcement last September by Caterpillar CEO Doug Oberhelman of plans to invest over $1 billion in Africa over the next five years. Caterpillar is not a new-comer, having begun doing business on the continent in 1926. At last month's U.S.-Africa Business Summit in Washington, DC, David Picard, Caterpillar's regional manager for Africa and the Middle East, described some of the steps that have been taken since last year's announcement. He as well talked about the challenges and opportunities he sees, inclunding Nigeria, where the company has operated since 1948. He was interviewed by AllAfrica's Noluthando Crockett-Ntonga and Ladi Olorunyomi from Premium Times in Nigeria. The interview has been edited for clarity and length.
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GABON, 2014/01/10
Gabon's oil refinery treated 820,000 tonnes of crude oil in 2013 against a target of 1.05 million tonnes, the Managing Director of the company (SOGARA), Pierre Reteno Ndiaye, told journalists in Port-Gentil on Tuesday.
He attributed the shortfall in production to a 27-day strike called in February, a 28-day halt in production following a technical problem and a two-week maintenance.
“Despite those problems, SOGARA managed to increase its production capacity to 165 tonnes/hour as against 110 tonnes/hour before,' Mr Ndiaye added.
