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+.
27/02/2020 at 16h15, by Africa Business+
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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