Financials and Investment News in Senegal

Capricorn Provides Senegal Update
1/23/2025 - Capricorn has received a payment of $50m from Woodside Energy after satisfying all terms and conditions under the sale and purchase agreement relating to the disposal of its production sharing contrac...
AFDB places 12-month Debarment on Compagnie Sénégalaise de Travaux Publics for Fraud
12/9/2024 - The African Development Bank Group has concluded a negotiated settlement agreement with Compagnie Sénégalaise de Travaux Publics, ending sanctions proceedings for fraudulent practice against the Dakar...
Capricorn Energy Provides Senegal contingent payment update
6/11/2024 - Capricorn notes Woodside Energy's ("Woodside") announcement confirming that first production from the Sangomar Field development offshore Senegal has commenced. The Company has received confirmation f...
EAIF & IFC-Backed FCTC Sonatel Asset Backed Security Lists on West African Regional Stock Exchange
5/23/2024 - ? The listing helps finance Sonatel’s expansion of digital services in the West African region
? The landmark transaction transforms the digital economy through the creation of online busines...
Senegal Tax Authority Claim Update
2/16/2024 - FAR Limited refers to its ASX announcement dated 27 November 2023 regarding the receipt of a notification of adjustments from the Senegal Tax Authority. The notification of adjustments included a cap...
Capricorn Announces Senegal Contingent Payment Update
12/27/2023 - Capricorn notes Woodside Petroleum's ("Woodside") announcement regarding the departure from Singapore of the FPSO for Woodside's Sangomar Field development offshore Senegal. As defined in the sale and...
Senegal makes its entry on the international sustainable finance market with EUR 400 million
12/8/2023 - The Board of Directors of the African Development Bank on Friday approved a partial credit guarantee of EUR 400 million to Senegal to facilitate the mobilization of the country’s inaugural sustainable...
Senegal Tax Authority Claim
11/27/2023 - FAR Limited advises that a notification of adjustments has been received with respect to a potential claim from the Senegal Tax Authority relating to the sale by the FAR group of its interest in the ...
IMF Staff Reaches Staff-level Agreement with Senegal on First Reviews of the Extended Fund Facility
10/24/2023 - The Senegalese authorities and IMF staff have reached a staff-level agreement on policies needed to complete the first reviews of the Senegal’s Extended Fund Facility (EFF) and Extended Credit Facilit...
Signature of a MOU Between SENELEC & ECOBANK
9/19/2023 - A fund of 10 billion to facilitate access to financing for Senelec service providers

Following the training and authorization of approved service providers, Senelec has taken a new step wit...
Woodside Energy Contingent Payment
7/19/2023 - FAR Ltd (“FAR” or the “Company”) provides an update in relation to its right to a Contingent Payment with a maximum value of US$55 million from Woodside Energy Group Ltd (“Woodside”). The Contingent ...
AFRICA REN Secures Financing for Pioneering Walo Storage Project
6/21/2023 - Africa REN, a leading renewables project developer in West Africa, is delighted to announce the successful financing of its Walo Storage project, in Senegal. The Dutch development bank FMO and the E...
Project Financing for FSRU Operation Project in Senegal
12/30/2022 - The Japan Bank for International Cooperation (JBIC) signed a loan agreement in project financing*1 amounting to up to approximately USD35 million (JBIC portion) with SENEGAL LNGT COMPANY LIMITED (SLNG...
FAR Ltd Provides Contingent Payment Update
9/2/2022 - FAR Ltd (“FAR” or the “Company”) is pleased to provide an update on the Woodside Contingent Payment (“Contingent Payment”) associated with the sale of FAR’s entire interest in the Senegal RSSD Project...
ASX Suspension Update
5/12/2021 - FAR Limited announces that ASX has advised it will not reinstate trading of FAR shares at this time.

In October 2020, ASX advised that trading of FAR shares would resume when FAR released ...
Remus Takeover Offer Not Proceeding
4/21/2021 - FAR Limited refers to its ASX announcement dated 14 April 2021 which attached a letter from Remus Horizons PCC Limited as requested by it advising its intention to make a takeover offer for FAR share...
FAR Provides Update on Remus Proposal and Woodside Sale
1/8/2021 -  provides the following update in relation to its previous announcements regarding: ...
Remus Non-Binding Indicative Proposal
12/17/2020 - FAR Limited has received a conditional non-binding indicative proposal from Remus Horizons PCC Limited, a private investment fund regulated by the Guernsey Financial Services Commission, to engage in ...
FAR Provides Sangomar Project Update
6/24/2020 - FAR Limited makes the following announcement in relation to its wholly owned subsidiary FAR Senegal RSSD SA (“FAR Senegal”), which is a party to the Senegal RSSD Joint Operating Agreement (“JOA”).
Oryx Petroleum Announces Loan Settlement
6/22/2020 - Oryx Petroleum Corporation Limited announces the execution of an agreement relating to the proposed settlement of an outstanding loan and acknowledges the announcement by its largest shareholder of th...

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