Banking / Investment in France
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FRANCE, 2014/11/10
The Banque de France said on Friday it expects the economy to grow 0.1% in the final trimester of this year, less than the 0.2% estimate in the third. The estimate is based on a monthly business climate survey, which outlined modest gains in industrial and services activity in November and a slight drop in the construction sector.
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FRANCE, 2014/05/25
A French investment mission from the Chamber of Commerce from the region of Paris-Ile has begun a visit to the Congolese capital, Brazzaville, to develop business ties with Congolese companies and institutions, Radio Congo reported on Thursday.
The 13 companies which are visiting Congo offer services in various sectors particularly civil engineering and planning of public and private spaces, the building of equipment and materials for the treatment of waste and oil extraction.
Other companies operate in the distribution of energy equipment, renewable energy, radio-communication and fiber optics.
A business conference was held on Thursday in the Congolese capital.
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FRANCE, 2013/10/17
France is to lend €100-million (R1.3-billion) to South African national company Eskom to help finance a 100 megawatt (MW) concentrating solar power plant near Upington in the Northern Cape.
Eskom and the French Development Agency (AFD) agreed on Monday night, during French President Francois Hollande's national visit to South Africa, to facilitate the signing of the loan.
Concentrating solar power (CSP) technologies concentrate the sun's energy through large mirrors and uses this concentrated thermal energy to produce steam to drive a conventional steam turbine for electricity generation. The process is similar to that of conventional power plants in that steam is used to power a turbine and generator, but differs crucially in that fossil fuel combustion is restored with non-polluting solar energy.
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FRANCE, 2013/08/11
The French economy, bumping along in recession, is likely to grow by 0.1 % in the third quarter of the year, the Bank of France said on Wednesday.
This is better than estimate at the end of June by the national statistics institute INSEE which foresaw zero increase in the third quarter.
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INDONESIA, 2013/08/04
Visiting French Foreign Minister Laurent Fabius pledged on Thursday to boost France’s investment in Indonesia amid efforts by French energy giant Total to thwart national-owned oil and gas company Pertamina’s attempt to take over its concession in the oil-and-gas-rich Mahakam block in East
Kalimantan.
Fabius, who arrived with a business delegation, held a bilateral conference with his Indonesian counterpart, Marty Natalegawa, at the latter’s office in Jakarta. Speaking next the conference, Fabius highlighted the importance of Indonesia to France, particularly in the economic sector.
