Addax Petroleum (fka AXC)

[arnim-v-b]

Angola/STP loan one hundred and 180,000,000 dollars
10/12/2013 | Source:
The Angolan government has granted a line of credit to Sao Tome and Principe worth Hundred and Eighty Million (180,000,000). The first ease and sixty million dollars for funding and approved projects under the public investment program are Here. Signing the agreement was initialed on Tuesday by Finance Minister, Armando Manuel and Minister of Planning and Finance Sao Tome and Principe, Hélio Silva Almeida. Both elected governments as areas of cooperation and development in particular, infrastructure, transport, drinking water, energy, education and training, justice, health, civil protection, agriculture and supply rural development, housing, culture, tourism.....

.....AND OIL EXPLORATION PROJECTS...........................

.........related to poverty reduction. Moreover, the light of the agreement signed by the parties, the government of the Democratic Republic of Sao Tome and Principe undertakes to engage in efforts to accelerate joint oil exploration with Equatorial Guinea. would emphasize that last October was signed in Luanda a memorandum of understanding between the governments of the two countries and which reaffirmed the need to promote cordial relations and to develop and strengthen economic cooperation and financial.


http://www.angonoticias.com/Artigos/item/40774/angola-concede-emprestimo-a-sao-tome-no-valor-de-cento-e-oitenta-milhoes-de-dolares


guess we are not the only one, knowing the story of CEPSA and the Arabs......
arnim