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Oil: Niger bets $1.9bn on Zimar, a Canadian group with no verifiable track record

World 0 sources 0 countries 1h ago

The government of Niger has entered into a $1.9 billion agreement with the Canadian firm Zimar to construct a new oil refinery in the city of Dosso. The project represents a significant infrastructure investment for the nation’s energy sector.

Despite the scale of the deal, the agreement has faced internal scrutiny. Concerns have been raised by individuals within the Nigerien government regarding the credibility and the lack of a verifiable track record for the Canadian group involved in the project.

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Read the full story at the source The Africa Report · FR
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