First Independent Mena Newspaper
In Senegal, Exim Bank of the United States has made a preliminary commitment worth $ 86 million for Senegal’s rural electrification projects. The preliminary commitment is the first that Exim Bank has approved under a recently signed memorandum of understanding with Senegal’s Ministry of Economy, Planning and Cooperation. If the transaction reaches final board approval, […]
Senegalese President Macky Sall has pardoned the former mayor of Dakar, Khalifa Sall, who was jailed in 2018 on corruption charges. The former mayor was arrested in March 2017 on suspicion of embezzling 1.8 billion CFA francs ($3 million) in public funds. Last year, he was sentenced to five years in jail. Khalifa Sall said […]
The US oil and gas exploration company, Kosmos Energy has confirmed a large-scale gas find at its Yakaar-2 appraisal well, offshore Senegal. In a statement released this week, Kosmos said the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in a similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing […]
Senegalese foreign minister Amadou Ba has renewed his country’s backing to Morocco’s autonomy plan offered for the Sahara, affirming that this plan, recognized by the international community as serious and credible, is the only solution to this regional conflict. Speaking at a press briefing Monday in Rabat after meeting his Moroccan peer Nacer Bourita, […]
Tosyali Holding, one of the world’s leading steel giants, has announced it will open an economic zone in Senegal, the second African country to offer investment opportunities for the Turkish company after Algeria. Fuat Tosyalı, Chairman of the Turkish steel producer, made the announcement last week on the sideline of the 7th Tokyo International Conference […]
The mainstay in the busted trafficking of nearly 800 kg of drug in June at Dakar port has surrendered himself to authorities as Mexican and Brazilian cartels threaten to kill him over the foiled operation, reports say. At large since late June when security forces seized 798 kg of cocaine hidden in 15 brand new […]
The European Investment Bank and the International Finance Corporation have announced €47.5 million to finance the construction of two photovoltaic solar power plants In Senegal. The infrastructure will be installed by Engie in collaboration with other partners. According to local media, the two photovoltaic solar power plants will be installed in Kahone and Kael and […]
The Board of Directors of the African Development Bank has approved a €87.6 million loan to Senegal, to implement its Water Development Project for the development of value chains (PROVALE-CV). The loan will be co-financed by the Bank in the amount of €60.8 million (for a project whose total cost is estimated at €122 million) […]
Mauritania will supply Senegal with close to 300,000 rams for Eid al-Adha feast next month, Senegal’s minister of livestock said. Samba NDiobena Ka said the supply will make up for the shortage of rams for the religious celebration next month. Senegal will need for this year’s sacrifice festival 810,251 beasts including 260,000 for capital Dakar, […]
Gas production potential bodes well for both Mauritania and Senegal after 30 meters of net gas pay was found in the greater Tortue Ahmeyim offshore project on the border between the two West African nations. The finding was made by Dallas-based operator Kosmos Energy, which has a joint-venture with BP in the area as well […]