Monday, November 18, 2019

Business / DT 2 / 2011

Norwegian hydropower actors eye burgeoning Ethiopian market

Promoting investment by Norwegian hydropower companies is a top priority of Norwegian aid to Ethiopia, according to a Foreign Ministry report. A large delegation representing the Norwegian dams industry will travel to Addis Ababa in late March to explore business opportunities.

Norconsult on trial. Prosecutor wants confidential World Bank report

Nowegian police want the World Bank to release a confidential report about the Bank’s internal investigation of alleged bribery involving the leading Norwegian consultant Norconsult, related to a water and sanitation project in Tanzania financed by the Bank.

Carl Bro’s shift in focus from Danida to Europe

Since the Danish consultancy firm Carl Bro was acquired by Grontmij of the Netherlands in 2006 its focus in the aid market has shifted from Danida to other European donors. From May 1, the company’s new name will be Grontmij Denmark.

SN Power considers dropping Chilean investment

The Norwegian hydropower investment company SN Power is considering giving up its planned USD 600 million investment in the Trayenko dam project in Chile, following years of protests from Mapuche indigenous communities.

Denmark aims to spend remaining Zambia road aid by 2013

Denmark is ready to release aid to the Zambian roads sector frozen in 2009 due to suspicions of corruption. The Danes hope to spend the remaining DKK 270 million by 2013 when Zambia will be phased out as a recipient country.