Locrafrique awaiting green light from Senegal to raise stake in SAR

Locrafrique awaiting green light from Senegal to raise stake in SAR

The transaction’s approval has been delayed but is still in the pipeline, Jeune Afrique Business+ has learned.

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            ▪ Locrafrique awaiting green light from Senegal to raise stake in SAR

▪ The transaction’s approval has been delayed but is still in the pipeline, Jeune Afrique Business+ has learned.

https://www.africabusinessplus.com/en/805582/locrafrique-awaiting-green-light-from-senegal-to-raise-stake-in-sar/

“We are still awaiting government approval to acquire 17% of the Société Africaine de Raffinage (SAR) from Petrosen,” Khadim Bâ, CEO of Locafrique, a specialist in leasing and SAR’s reference shareholder, explained to us over the phone.

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06/05/2021 at 17h11, by Africa Business+

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