Agricultural Company of Saint-Louis finally headed for judicial liquidation

The Commercial Court declared the cessation of payments of the Compagnie agricole de Saint-Louis (CASL SA) as of May 20, 2022, following a request by creditor Star Oil. The court ordered the liquidation of the company's assets, appointing Isma Dadis Sagna as liquidator and Sildou Diouf as supervising judge. An 18-month deadline was set for closing the procedure. This decision threatens the future of a key player in Senegal's agricultural sector.