Fonsis will sell a 46% stake in the gas company Réseau Gazier du Sénégal (RGS)
With a 51% interest in RGS’s share capital, the Senegalese sovereign wealth fund Fonsis is considering different types of partners, according to Jeune Afrique Business+.
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▪ Fonsis will sell a 46% stake in the gas company Réseau Gazier du Sénégal (RGS)
▪ With a 51% interest in RGS’s share capital, the Senegalese sovereign wealth fund Fonsis is considering different types of partners, according to Jeune Afrique Business+.
▪ https://www.africabusinessplus.com/en/803180/fonsis-will-sell-a-46-stake-in-the-gas-company-reseau-gazier-du-senegal-rgs/
Fonsis plans to only hold on to around a 5% share in the gas company Réseau Gazier du Sénégal (RGS). It was created last November to manage a future 472-kilometre pipeline network, the construction of which is estimated at around $300 million.
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