Coromandel secures phosphate dominance with new major stake in African mining company BMCC

Coromandel secures phosphate dominance with new major stake in African mining company BMCC

Coromandel International Limited, a leading player in India’s agricultural solutions industry, announced a significant development in its pursuit of long-term supply security for phosphate fertilizers. The company disclosed that it will increase its shareholding in Baobab Mining and Chemicals Corporation (BMCC), a rock phosphate mining company based in Senegal, to 53.8%. The strategic move, finalized […]

Senegal heads to polls in crucial moment for democracy and development

Senegal heads to polls in crucial moment for democracy and development

Senegal, a beacon of democracy in coup-prone West Africa, is set to conduct its fifth presidential election on Sunday. This significant event comes after a series of delays amid a backdrop of political unrest and anti-government protests, highlighting the nation’s complex socio-political landscape. Approximately 7.3 million registered voters will decide on the successor of President […]

Greater Tortue Ahmeyim Project : bp announces arrival of Gimi FLNG vessel

Greater Tortue Ahmeyim Project : bp announces arrival of Gimi FLNG vessel

The Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, a pioneering venture positioned on the maritime border of Mauritania and Senegal, has reached a significant milestone with the arrival of the floating liquefied natural gas (FLNG) vessel, Gimi, at its designated location. Operated by bp in collaboration with partners Kosmos Energy, PETROSEN, and SMH, […]

Woodside Energy’s FPSO arrives offshore Senegal, paving way for Sangomar Field’s first production

Woodside Energy’s FPSO arrives offshore Senegal, paving way for Sangomar Field’s first production

Woodside Energy announced a significant development in Senegal’s oil and gas sector with the arrival of the Léopold Sédar Senghor Floating Production Storage and Offloading (FPSO) facility offshore, approximately 100 kilometers from Dakar. This event marks a pivotal phase in the Sangomar Field Development Phase 1, setting the stage for first oil production targeted for […]

Gravita India begins production from aluminium recycling plant in Senegal

Gravita India begins production from aluminium recycling plant in Senegal

Gravita India Limited, an Indian recycling company, announced that it has begun commercial production of aluminium at its new recycling plant in Senegal through its step down subsidiary in the West African country. The aluminium recycling plant in Senegal has a yearly capacity of about 4,000 MTPA. Gravita India hopes to get additional revenue of […]

Coromandel to acquire stake in Senegalese rock phosphate miner BMCC

Coromandel to acquire stake in Senegalese rock phosphate miner BMCC

India-based Coromandel International has agreed to acquire a stake of 45% in Baobab Mining and Chemicals Corporation (BMCC), a Senegalese rock phosphate mining company, for $19.6 million (INR 150 crores). Apart from the consideration, Coromandel International will provide a loan of $9.7 million (INR 75 crores) to Baobab Mining and Chemicals. The Indian phosphatic fertilizer […]

Sangomar oil project : Wood wins contract for FPSO development

Sangomar oil project : Wood wins contract for FPSO development

UK-based John Wood Group (Wood) has won a contract from Australian energy company Woodside Energy for the development of the floating production storage and offloading (FPSO) facility of the Sangomar oil project, offshore Senegal. The FPSO facility, to be located 100km south of Dakar, is designed specifically for hydrocarbons processing and oil storage prior to […]

BioNTech to launch construction of mRNA-based vaccine facility in Africa

BioNTech to launch construction of mRNA-based vaccine facility in Africa

BioNTech revealed plans to launch the construction of a manufacturing plant for mRNA-based vaccines in the African Union mid-next year. The German biotech company said that the new plant is the next step in its efforts for implementing sustainable end-to-end vaccine supply solutions across Africa. In this regard, BioNTech has signed a memorandum of understanding […]