Averda sues the Gabonese state in an attempt to recover €35m debt

The Lebanese waste management company filed a request for arbitration against the Gabonese government at the beginning of June at the International Chamber of Commerce (ICC), Jeune Afrique Business+ has learned. The company, which operated in the Gabonese capital from December 2014 to September 2019, had several times contested the state’s defaulted payments.

13/07/2020 at 15h09, by Caroline Chauvet

The conflict between Averda and Gabon continues in France. After several attempts at amicable conciliation, the Lebanese waste management company filed a request for arbitration against the Gabonese authorities in early June at the International Chamber of Commerce (ICC) Court of Arbitration, based in Paris.

Recommended articles

Public decision maker

25/02/2022 at 16h02, by Africa Business+

Averda seeks $30 million for recycling solutions

The Lebanese group is chasing international funding to launch new facilities on the continent. 

Energy

03/04/2020 at 16h57, by Africa Business+

Coronavirus: the crisis “will accelerate the digitisation of services” says Ana Giros (SUEZ)

While SUEZ’s desire to grow in Africa cannot be called into question, the Covid-19 pandemic poses a...

Public decision maker

02/01/2020 at 13h36, by Aurelie Benoit

Senegal: a contract representing ‘€1.9bn over the next 15 years,’ according to Ana Giros (Suez)

After several months of delays, the large French utility company Suez has signed its first affermage...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com