High-voltage direct current undersea cable and added infrastructure will link the two countries' electrical grids, enabling a bidirectional power flow between Africa and Europe for the first time.
The world’s number two cement maker is making steady strides in closing a €3.7 billion deal in a consolidating building materials market. It’s also doing some interesting tinkering in the Caucasus and West Bank.
HeidelbergCement is turning its eyes to Washington in anticipation of an antitrust ruling, perhaps in as soon as two weeks, which is the German-based building materials giant’s next big hurdle in its ongoing effort to acquire Italcementi.