Senegal
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Senegal’s bondholders appoint White & Case as a US$5bn Eurobond restructuring takes shape
An ad hoc group has organised ahead of talks under an enhanced Common Framework. For West African sovereign…
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ePointZero agrees to acquire 90% of Azura Power from Actis and Africa50
Abu Dhabi’s 2PointZero unit takes control of the 752MW platform behind Azura-Edo; founder Amaya Capital keeps 10%.
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IHG signs a franchise agreement with Senegindia SA for Holiday Inn SD City Dakar
A Senegalese developer takes a UK hotel brand for a Dakar property, IHG’s first Holiday Inn in Senegal;…
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Canal+ and Netflix extend their distribution partnership to 24 Sub-Saharan African countries
The distribution territory is 24 Sub-Saharan African countries, so the licensed market is African on the face of…
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Senegal’s state exercises pre-emption over Société Générale Sénégal (SGBS)
In the flagship act of Senegal’s “financial sovereignty” push under President Bassirou Diomaye Faye, the state moved in…
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DP World’s Ndayane deepwater port (Senegal)
Structured under a December 2020 concession and built through the DP World Dakar joint venture with the Port…
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Canal+ acquires a stake in Marodi TV (Senegal)
The Vivendi-owned Canal+ Group, simultaneously acquiring MultiChoice (see Nigeria and Southern Africa editions), took a stake in Marodi…
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Air Sénégal’s recapitalisation and lease reset: state rescue
The state carrier ran the window in rescue mode: recapitalisation tranches, aircraft lease renegotiations (against lessors after delivery…
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Sangomar field development, Senegal
Senegal became the world’s newest oil producer when Woodside Energy (operator, 82%, with Petrosen 18%) achieved first oil…
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Axian takes majority of Free Senegal (Saga Africa Holdings): July 2023
AXIAN Telecom acquired a majority stake in Free Senegal (the former Tigo Senegal, held through Saga Africa Holdings…
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