The project, led by Jiangsu Guotai, a major Chinese textile and garment company, will focus entirely on exports, primarily to European and American markets.
By Victoria Mgbanwa
He highlighted its potential to drive fintech growth, financial inclusion, and blockchain innovation in Africa.
Pipeline, designed with thermal insulation to minimize its environmental footprint, will transport up to 230,000 barrels of crude oil per day at peak production
The appointment takes effect from June 17, as Absa aims to drive growth and strengthen its market position across Africa.
The agreement, co-signed by Admiral Vorobyev, formalizes collaboration in training, technical support, and institutional development.
