Ouagadougou: Ousmane Sonko and Billionaire Harouna Dia, the Secret Revealed

The Senegal National Electricity Company, Senelec, has become the sole shareholder of West African Energy (WAE), which is responsible for the 366-megawatt power plant in Cap des Biches. This decision marks a turning point for a project that had been stalled due to legal disputes among shareholders. The financial reconfiguration includes an increase in the share capital from 4 to 16 billion CFA francs, aimed at ensuring the project's viability and resuming activities at the power plant, which is crucial for Senegal's electricity supply.