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Egyptian group Orascom to expand across sub-Saharan Africa, Togo included
Orascom, the group owned by Egyptian business mogul Naguib Sawiris, Africa’s richest person according to Forbes, plans to invest in many sub-Saharan African countries including Togo. To this end, the group intends to use a $170 million financing it obtained from the Africa Export Import Bank (AfreximBank). Besides Togo, other…
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