France Telecom Considers Morocco for $9 Billion Acquisition France Telecom SA is eyeing an expansion into Morocco as it considers spending as much as 7 billion euros ($9.1 billion) on African and Middle Eastern acquisitions. The largest French phone company “confirms its interest in the Moroccan telecom market,” spokesman Tom Wright said by phone today. Wright declined to comment on a report in Moroccan newspaper Le Matin that said Paris-based France Telecom is in talks to take a 40 percent stake in local operator Medi Telecom SA. Algeria to fund Gaza schools Algerian parliamentarians will fund uniforms and textbooks for all Gaza's children in government schools in the coming school year, Ma'an News Agency reported Friday. Education Minister Mohammad A'squl said information had been sent to Algerian officials so that the materials could be delivered as soon as possible. A'squl added that he hopes the delivery will not be held up at Israeli or Egyptian border crossings. In 2009, at the start of the school year, dozens of truckloads of school supplies were denied entry into the Strip under Israel's blockade. Tunisia looks at ways of attracting foreign investors Ways to enhance trade with other European and African countries, facilitate the mobility of businessmen and merchandise transport, consolidate Tunisia's exports and attract foreign investors and customers in Tunisia, was the focus of a luncheon meeting held on Friday in Tunis. Chaired by Mr. Ridha Ben Mosbah, Secretary of Trade and Handicrafts, the meeting is part of the Annual Conference of Heads of Diplomatic Missions and Tunisians consulates. Daewoo wins major Libyan power plant project South Korea's Daewoo Engineering and Construction Co. said Friday it had won a major power plant project in Libya despite a row over alleged spying by Seoul. Daewoo on Thursday signed a contract in Libya with the state-run General Electricity Company of Libya to build a 750-megawatt power plant in Zwitina, some 140 km (87.5 miles) southwest of Benghazi, for 438 million dollars. The project will start in November this year and is to be completed by May 2013, the company said. It is the fourth major power plant contract Daewoo has won in Libya since 2003. Bashir warns foreigners to respect government or be expelled Sudanese President Omar Hassan al-Bashir warned foreign organisations they would be expelled if they disrespected government authority, deepening a stand-off with U.N. peacekeepers over six Darfuris wanted by Khartoum. The six are accused by Sudan of instigating clashes in South Darfur's Kalma Camp in late July which killed at least five people. BM
