{"id":459447,"date":"2018-04-17T14:06:15","date_gmt":"2018-04-17T13:06:15","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459447"},"modified":"2018-04-17T14:06:15","modified_gmt":"2018-04-17T13:06:15","slug":"senegal-sweet-and-sour-exchanges-around-the-sar","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/04\/17\/senegal-sweet-and-sour-exchanges-around-the-sar\/","title":{"rendered":"Senegal: sweet and sour exchanges around the SAR"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The African Refining Company (SAR) is the subject of lively exchanges between the now majority shareholder, Locafrique, and the Senegalese Ministry of Energy.<br \/>\nIn an interview with the daily Obs, Khadim Ba, Director General of Locafrique denies the deficit of 40 billion CFA Sar and accuses the Minister of Energy, Mansour Elimane Kane, wanting to endorse a &#8220;robbery&#8221; in within the company, the only refiner in Senegal.<\/p>\n<p>&#8220;It&#8217;s bad governance. The SAR is the first cash company in the country. It is 400 billion F CFA of turnover. We can NOT tell you that this structure is causing problems. Concretely, there are diversions that are going to be operated at the level of the general management of the Sar. And we are asked to legitimize this flight. And I said no! &#8220;Says Khadim Badiane, SAR shareholder.<\/p>\n<p>Justifying his remarks, the boss of Locafrique adds: \u00bbwhen we consulted the various partners, we found ourselves with more than 566 million euros (more than 370 billion) of funding. What the SAR never had. Board meetings have been held so that practical implementation can take place, still nothing &#8220;.<\/p>\n<p>Stung, the oil minister said from the USA where it is that<br \/>\nif there are people who have made &#8220;bad decisions&#8221;, it will be &#8220;rectified&#8221;. Mansour Elimane Kane reminded that it is the Pca and the Dg de la Sar who deal with contracts and not the State. &#8220;The ministry does not manage the operation of the Sar,&#8221; he said in Lib\u00e9ration. Before adding: &#8220;What concerns us is the image of the state.&#8221; Is the SAR a nebula?<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The African Refining Company (SAR) is the subject of lively exchanges between the now majority shareholder, Locafrique, and the Senegalese Ministry of Energy. In an interview with the daily Obs, Khadim Ba, Director General of Locafrique denies the deficit of 40 billion CFA Sar and accuses the Minister of Energy, Mansour Elimane Kane, wanting to<\/p>\n","protected":false},"author":536282,"featured_media":459451,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046],"tags":[784,12147],"class_list":{"0":"post-459447","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"tag-sar","9":"tag-senegal-en","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Senegal: sweet and sour exchanges around the SAR - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/04\/17\/senegal-sweet-and-sour-exchanges-around-the-sar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senegal: sweet and sour exchanges around the SAR\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/04\/17\/senegal-sweet-and-sour-exchanges-around-the-sar\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-17T13:06:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/04\/SAR-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Senegal: sweet and sour exchanges around the SAR\",\"datePublished\":\"2018-04-17T13:06:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/\"},\"wordCount\":268,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/SAR-1.jpg\",\"keywords\":[\"SAR\",\"S\u00e9n\u00e9gal\"],\"articleSection\":[\"Leaders\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/\",\"name\":\"Senegal: sweet and sour exchanges around the SAR - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/04\\\/17\\\/senegal-sweet-and-sour-exchanges-around-the-sar\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/04\\\/SAR-1.jpg\",\"datePublished\":\"2018-04-17T13:06:15+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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