FAR Limited, as part of the Rufisque Sangomar and Sangomar Deep joint venture advises that the final Sangomar field development and exploitation plan was submitted to the Government of Senegal, in Dakar on 2 December 2019.
TGS is commencing a new seismic survey in the MSGBC Basin, offshore north-west Africa.
Air Senegal, the new national carrier of Senegal, has signed a Memorandum of Understanding (MoU) for eight A220-300 aircraft.
GC Rieber Shipping ASA reports to have had a fire onboard its managed vessel Polar Marquis, offshore Senegal yesterday Monday November 11th 2019.
The EXIM Bank approved a preliminary commitment of approximately $86 million to support U.S. exports of services, electrical and renewable-energy equipment in Senegal.
Orange is inaugurating its new concept of a place entirely dedicated to innovation, an “Orange Digital Center”.
Kosmos Energy announced that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area.
The OPEC Fund Director-General Dr Alkhalifa signed a public sector loan agreements totaling US$85m with beneficiary countries Benin, Liberia, Senegal and Sierra Leone.
VentureBuilder, which is focused on scaling African-owned and managed off-grid solar enterprises, has officially been launched.
Vivo Energy Senegal, the company that distributes and markets Shell fuels and lubricants, opened its new commercial space called Welcome Corniche, located in Dakar on the West Corniche.
During his visit to Senegal, the Member of the Commission in charge of International Cooperation and Development, Neven Mimica, signed cooperation programmes for a total of €27.5 million.
Kosmos Energy announced that the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, targeting the inboard Mauritania/Senegal gas trend.
The Mastercard Foundation has announced Young Africa Works in Senegal, an initiative that aims to enable three million young people to access dignified and fulfilling work by 2030.
Vivo Energy Senegal, the company in charge of the marketing and distribution of Shell brand fuels and lubricants in Senegal, announces the launch of its latest generation of Shell FuelSave fuels.
About 150,000 rural young people in Senegal – 50 per cent of them women - will benefit from a new US$93.3 million project that aims to create income and decent sustainable jobs in agricultural, pastoral and fishery value chains.
MainOne has confirmed the scheduled landing of the MainOne submarine cable systems in Senegal and Cote d’Ivoire in September and October 2019 respectively.
Bayer creates EUR 20 million social innovation ecosystem fund to spur entrepreneurship for African smallholder farmers
The Bayer Foundation launched its new EUR 20 million Social Innovation ecosystem fund by awarding EUR 3 million to four pioneering social innovators - myAgro, Mercy Corps, Path and Living Goods.
The African Airlines Association (AFRAA) has this year welcomed four new member airlines in Kenya, Djibouti, Senegal and Uganda.
Uganda’s Dr. Emma Naluyima, a smallholder farmers and veterinarian and Baba Dioum a policy champion and agricultural entrepreneur from Senegal have been named the joint winners of the 2019 Africa Food Prize.
MainOne has confirmed the scheduled landing of the MainOne submarine cable systems in Senegal and Cote d’Ivoire in September and October 2019 respectively.
African Petroleum advises that Oslo Børs has confirmed that the Company will retain its listing on Oslo Axess following completion of the transaction.
[Column] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.
Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves.
[Column] NJ Ayuk: Between extortion and the sanctity of Petroleum contracts in Nigeria, DRC and Senegal
Last week, a UK commercial court gave reason to a claim by engineering company P&ID, which demands over USD$9 billion from the Nigerian government over a failed gas deal.
Woodside Energy awarded Halliburton Company nine conditional1 contracts for drilling and completion services for SNE Field Development Phase 1 offshore Senegal.
Experts from IFDC, CORAF, and the private sector have come together in Dakar Senegal to develop an online tool to give localized seed and fertilizer recommendations.
After decades of struggles against a deficient power generation system, Senegal is now at the verge of a paradigmatic shift that could put many of its troubles to rest.
As gas-to-power is a major pillar of Senegal’s strategy to provide universal power access and increase economic competitiveness, the country aims to obtain sufficient energy sources while reducing the electricity shortage among its people.
[Senegal] GreeenTec Capital Partners signs deal with DER to tackle investment challenges for entrepreneurs
The Senegalese General Delegation for the Acceleration of Entrepreneurship for Women and Young People (DER),has signed a partnership agreement with GreenTec Capital Partners.
ENGIE and partners Meridiam and FONSIS have signed the EPC, Operation & Maintenance and Finance contracts for two solar PV projects of 60 MW.
International tax and legal company Andersen Global has entered into a partnership with Cabex, one of the oldest legal and tax consulting firms in Senegal.
Air Senegal has expanded its network with its new A319 from Dakar International Blaise Diagne Airport. It will offer six flights per week to Ouagadougou (Burkina Faso) and three weekly flights to Niamey.
Greater Tortue Ahmeyim-1 well expands natural gas resource potential offshore Mauritania and Senegal
Kosmos Energy announced that the GTA-1 well drilled on the eastern anticline within the unit development area of Greater Tortue, has encountered approximately 30 meters of net gas pay in high-quality Albian reservoir.
Workz Group, the mobile and IoT solutions provider has announced the opening of its office in Dakar, Senegal to serve the West African telecoms market.
Leading online money transfer service WorldRemit has joined forces with Orabank to enable instant money transfers to 10 new cash pickup locations in Senegal.
Greenpeace is calling on West African governments to immediately phase out the wasteful fishmeal and fish oil (FMFO) industry.
Dubai based airline Emirates is considering flight frequencies to key African destinations including Morocco, Ghana, Senegal, Egypt, and South Africa as it sees potential for growth in Africa.
The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa program.
Kenya has made major strides in trade facilitation since the implementation of the Single Window System commenced in 2012.
Sierra Leone National Telecommunications Commission (NATCOM) has signed an MOU with telecom regulatory heads from Liberia, Guinea and Ivory Coast to implement the One Area Network work initiative.
Sonatel has announced that it has entered into an agreement for a 91.6 per cent acquisition of XOOM Wireless, which holds an Internet Service Provider (ISP) license in The Gambia.
The Agency for Universal Health Coverage in Senegal has unveiled a digital platform, the first of its kind in the continent that seeks to digitize payments across the medical value chain while boosting reach.
One hundred and sixty young women have begun a month-long coding class on two Nigerian campuses under a new programme to give African youth digital skills for the work force.
PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company, has raised a US$25 million Series C funding round, taking its funding total to US$50 million.
Google has announced the 12 African startups that will take part in its third Launchpad Accelerator Africa programme
The World Bank Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) have announced a deeper partnership for economic development in six countries in Africa.
Fabrice Nze-Bekale is an experienced investment banker with a working history in investment banking, telecoms and the mining & metals industries. He is currently the Managing Partner of the pan-African firm, ACT Afrique.
African Delivery Units Network launched to help governments accelerate delivery of priority projects
The African Delivery Units Network, a unique platform for government delivery units across the continent, has been launched in the Senegalese capital Dakar.
Afreximbank has signed a financing agreement with Securiport SUARL, Senegal, to provide Securiport with a $15-million term loan to upgrade Juba International Airport in South Sudan.
Over 43,700 vulnerable rural households in Senegal will benefit from a US$72.4 million programme that aims to improve food and nutrition security.
The World Bank Board of Directors has approved a $180 million International Development Association (IDA) credit to support Senegal’s efforts to enhance the policy and institutional framework.
A new report has highlighted the impact of a project implemented by the United Nations Industrial Development Organization.
Forty kilometers from the capital, Dakar, a new industrial park has opened.
The Board of Directors at the African Development Bank (AfDB) have agreed to a first rank loan of 51.26 million euros to finance the construction of a power plant in Malicounda, Senegal.
The International Centre of Insect Physiology and Ecology (icipe), Kenya, has been selected to manage the Regional Scholarship and Innovation Fund (RSIF).
After making good progress on financial inclusion, Senegal has turned its attention to digitizing payments in order to speed up its growth and inclusive development.
The government of Senegal in collaboration with UNIDO have opened a new industrial park forty kilometers (24 miles) from Senegal's capital, Dakar.
TAB Finance, a new microfinance bank licensed by the Central Bank of the Republic of Guinea, has joined Oradian’s global community of financial institutions.
The U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors has approved the new five-year $550 million Senegal Power Compact.
A staff team from the International Monetary Fund (IMF), led by. Michel Lazare, visited Dakar between October 18-31, 2018 and engaged in discussions as part of the 2018 Article IV Consultation and the seventh review of the IMF’s Policy Support Instrument (PSI) approved in June 2015.
The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries.
Greenpeace Africa has released a new documentary on the numerous cases of small-scale fishermen who have lost their lives in Senegalese waters. Over the past 2 years, at least 226 fishermen have lost their lives at sea or have been declared missing.
The Government of Senegal and the United Nations Industrial Development Organization (UNIDO) completed a sensitization mission towards the development of an integrated agropole in the country’s rural centre.
American engineering and construction company KBR, Inc. has announced that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub on the maritime border between Senegal and Mauritania.
Since the launch of the first mobile money service in Senegal in 2010, the market for digital financial services (DFS) there has boomed.
Starschema Ltd., a big data company in Hungary, and PATH, a global organisation that works to accelerate health equity, have launched a software integration that will enable health workers to easily and securely access data visualizations.
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
Burkina Faso, Senegal and Togo need far-reaching reforms of their infrastructure and legal systems to benefit from e-commerce, new studies of the West African countries by UNCTAD have revealed.
The Legatum Center for Development and Entrepreneurship at MIT, has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion, as well as the regional winner of the MIT Inclusive Innovation Challenge.
TE SubCom, a TE Connectivity Ltd company and an industry pioneer in undersea communications technology has secured a contract from connectivity and data center solutions provider, MainOne.
Telecommunication company Orange and MainOne Cable Company have signed an agreement allowing for a major investment by Orange in the West Africa submarine cable system, MainOne.
SUDPAY, a startup that allows municipalities to mobilize more revenue by digitizing the collection of local taxes and financially including merchants is the winner of Seedstars Dakar.
The Board of Directors of the African Development Bank has approved a partial credit guarantee for the Republic of Senegal to help hedge currency risk arising from Eurobonds.
Malaysian oil and gas company Petronas through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with Total E&P Senegal SAS, a subsidiary of Total, to acquire a 30% participating interest in the Rufisque Offshore Profond block.
Seven years ago five women from Khelcom Birane, a village in central Senegal, set up a farming cooperative with only $10.
The U.S. Government’s Millennium Challenge Corporation (MCC) Principle Deputy Vice President (DVP) for Africa Kyeh Kim has visited Senegal to advance progress on the development of an MCC grant, called a compact.
Yahsat plans to launch YahClick this year in five new markets in West Africa. The service will be available in Senegal and Gambia through service partner Arc Telecom, in Ivory Coast through CEE-NET, Isocel in The Benin, and through both Teledata and Comsys in Ghana.
NEC XON is creating three new Cyber Defence Operations Centres (CDOC), one in Nigeria, another in Senegal, and the third in Mauritius in addition to the existing facilities in South Africa.
Nigeria holds its pole position for hotel development in West Africa despite a slight reduction on last year, according to a regional focus by the influential annual hotel pipeline survey from Lagos-based W Hospitality Group.
Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire.
Thor Explorations Ltd. has announced positive results from its first set of drill results from its ongoing 8,000 metre RC drill program on its Douta Gold Project in south-east Senegal.
IFC, a member of the World Bank Group, has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group’s lending to small and medium enterprises in eight African countries.
Accra, Addis Ababa, Dar es Salaam, Johannesburg, Lagos, other African cities commit to delivering their share of the Paris Agreement
Accra, Addis Ababa, Cape Town, Dakar, Dar es Salaam, Durban, Johannesburg, Lagos, & Tshwane today revealed their commitment to bold climate action and pledged to deliver on their share of the Paris Agreement.
Poor rainfall in parts of Africa has triggered the largest insurance pay-out to date for vulnerable farmers under an innovative climate risk management scheme known as the R4 Rural Resilience Initiative, R4.
Senegal is on track implementing the sustainable development goals to ensure no one is left behind by progress, Prime Minister Mohammed Boun Abdalla Dione has said.
Avid®, the platform that powers media and entertainment, has announced that RTS, a public news broadcaster in Senegal, has transformed its infrastructure by standardizing on the Avid MediaCentral® platform in combination with Avid newsroom and graphics tools.
Technology group Wärtsilä has signed a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to be an integral part of Senegal’s energy future.
Organized in collaboration with the Dakar office of Dalberg, an international strategy consulting firm, a new incubation program that aims to regroup Dakar's most innovative early-stage entrepreneurs, Incuberation was launched as Impact Dakar's first incubation program.
The World Bank Group’s Scaling Solar program, designed to help remove obstacles to developing large-scale solar power in developing countries, has set a new benchmark in Senegal resulting in two bids that will produce electricity for under 4 Euro cents.
Telecommunication company Orange has expressed its desire to become a key player in the energy transition sector in Africa, by providing services directly to the general public or as a wholesaler to public operators.
[Senegal] Bolloré Logistics delivers tamping machines for the Dakar Blaise Diagne International Airport express train
As part of the plans for an express train to link Dakar to Blaise Diagne International Airport the EIFFAGE Group, a French group in the construction of rail infrastructure, picked Bolloré Logistics to assist in shipping and delivery of two tamping machines.
Humaniq, a next-generation financial service with its own cryptocurrency has announced a new live chart support in its Mobile App.
DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Elhadji Galaye Ndaw as Country Manager in Senegal.
Nokia and Orange Middle East & Africa are rolling out a Nokia single radio access network and network management technology across seven African countries in a three-year modernization project to prepare for the launch of 4G services.
Antwerp and Dakar port authorities are to collaborate more closely in the next few years. In this way Antwerp, the second-largest port in Europe, seeks to reinforce its historic position as leader on the coast of West Africa.
Moustapha Sene is soft-spoken, but he is sure of what he's doing, and has proved a rare knack for seeing the obvious.
Kosmos Energy hails approval of inter governmental cooperation between Mauritania and Senegal on gas exploration
International oil company, Kosmos Energy has confirmed that the governments of Mauritania and Senegal have signed an agreement enabling development of cross-border Tortue natural gas field to continue moving forward.
UNDP Administrator Achim Steiner announced today the appointment of Abdoulaye Mar Dieye as the Assistant Secretary-General to lead UNDP’s Bureau for Policy and Programme Support starting March 1, 2018.
American oil international company Kosmos Energy has completed drilling the Requin Tigre-1 exploration well located in Senegal’s Saint Louis Offshore Profond block.