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Africa Intelligence: NOC and Qatar’s UCC Sign Controversial US$1 Billion Contract

French outlet Africa Intelligence reported on Wednesday that a Qatari company and the National Oil Corporation (NOC) have signed a US$1 billion contract, raising concerns.

The outlet reported that the NOC recently signed an oil agreement with UCC Holding, a highly influential company. However, according to the French publication, the unusually favorable terms of the agreement have raised questions among the public authority responsible for financial investigations.

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