The Squire Patton Boggs Africa Practice hosted an Invest In Africa (IIA) sponsored event for Petrosen, the Senegalese national oil company, in the firm’s London office on 20 February. The presentation was for investors from IIA’s business network interested in Senegal’s new licensing round.
IIA is a not-for-profit organisation that brings together private companies, public bodies and donor organisations to support local African businesses by creating access to markets, skills and finance. Guests of honour at the high-level event were Joseph Medu, Moustapha Dia and Bintou Aidara from Petrosen and Mamadou Fall Kane, Permanent Secretary of the Strategic Orientation Committee for Oil and Gas (COS- Petrogaz), the agency under the authority of Senegal’s President, which manages the country’s natural resources.
After words of welcome from Peter Stewart, co-leader of the Squire Patton Boggs Africa Practice and a partner in its global Energy & Natural Resources Practice, IIA introduced the speakers from Petrosen. Joseph Medu and Mamadou Fall Kane spoke about the opportunity the new licensing round represents, current funding gaps and the requirement for a wider pool of service providers.
The presentations were followed by a question and answer session and a drinks reception for networking. Attending the invitation-only event were international investors from IIA’s business network, as well as delegates from Senegal’s UK Embassy, the Senegal Chambers of Commerce, the UK’s Department for International Trade and Squire Patton Boggs partners Matthew Mulqueen, from the Energy & Natural Resources Practice, and Ian Yeo, from the Financial Services Practice, both active members of the firm’s global Africa Practice.
The Squire Patton Boggs Africa Practice encompasses more than 50 lawyers globally and dedicated team members in key locations, including London, Paris, Washington DC, Berlin, Dubai, Moscow, Shanghai and Perth. The team is well known for a wide variety of Africa-based transactions, particularly in the representation of private sector and government-owned oil and hydrocarbon and other natural resources companies. Squire Patton Boggs is also recognized throughout Africa for service to the mining, electricity, telecommunications, projects and infrastructure sectors.