Importance of Receiving Collective Advice

Receiving incorrect and unknowledgeable business advice can be disastrous and thus should be avoided. Remember however that no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice.

Consulting CWIIL Group of Companies, for any / all matters relating to your business startup, ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Pest Control, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

 

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Technical Approach Helps to Power up Senegal’s Resources Bid – Specialized Advice by CWIIL Group of Companies

Senegal is a relative late-comer to the resource sector but with a geologist as president, is pushing ahead to develop a trove of deposits ranging from gold to uranium to oil. “A geologist by training and a former minister of mines, [the president] Macky Sall has a keen interest in the extractives sector,” says Vincent Rouget, a Senegal analyst for Control Risks.

The government is also making the most of its connection to the Islamic world; most of its population of nearly 14 million is Muslim. Last year Mr Sall brokered an agreement with the Abu Dhabi Development Fund (ADDF) for a Dh53 million loan for infrastructure development. This brings the ADDF’s lending to Senegal to a total of Dh140m for projects mostly focused on water and agricultural projects.

Senegal has also sent a contingent of troops to Yemen in support of Saudi Arabia’s fight against Houthi rebels there.

Mr Sall is one of a new generation of emerging African leaders who come from technical and professional backgrounds, a departure from the former generals that have traditionally held sway over the continent’s politics. This shift is making itself felt particularly as countries negotiate tricky resource legislation and contracts.

Niger’s president Mahamadou Issoufou – a former engineer with the French nuclear firm Areva, – fought and won a bruising two-year battle with his former employers over uranium royalties that France wanted renewed based on agreements dating back to the 1960s. Guinea’s Alpha Conde is another example; after a lifetime working as an attorney in France, in 2010 he took over as the country’s first elected leader and as a first act of office, tore up a suspect agreement to mining rights on the country’s huge Simandou iron ore deposit with Steinmetz Group. As a result, Steinmetz is now being investigated for corruption by the US authorities.

According to Mr Rouget, Mr Sall has overseen a national contract review process and is also involved in the revision of the mining code.

Sizeable potential oil reserves off the coast are the latest resource to attract attention, but other industries are benefiting, too, says Manji Cheto, the vice president of Teneo Intelligence, a US corporate advisor and risk analysis company. “Under Mr Sall, the government has undertaken significant structural reforms that continue to improve the country’s investment attractiveness, and this has positive spill-over across all sectors.”

This has allowed the development of the Sabodala gold mine in the north by the Canadian company Teranga; Senegal is also growing as the regional centre for mining activities in neighbouring countries, such as Mali and Mauritania, because of its well-developed infrastructure and political stability.

More than anything, Senegal’s benign politics and stability are its biggest attraction for investors. It even largely dodged the Ebola epidemic that ravaged some of its neighbours. It only had one confirmed case, and its swift reaction to the disease is held up by the World Health Organisation as a model in fighting the contagion.

“Senegal has, since independence in 1960, developed its reputation as a regional bastion of stability. Unlike most of its neighbours,” adds Mr Rouget.

“The country has never suffered a military coup and has since 2000 witnessed two power transitions in free, fair and peaceful elections.”

These materials are not intended and should not be used as legal / investment advice or other recommendation. If you need a legal / investment opinion on a specific issue or factual situation, please contact a lawyer / investment advisor. Anyone using these materials should not rely on them as a substitute for legal / investment advice.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries or to Request a Personal Quote Feel Free to Contact :

Mr. Francis Thomas Matthews,
Deputy Global Director, No. 8
Marketing Research & Development Division,
Email : deputy.gd.8@cwiilgroup.eu
Voice : +45.8176.1924
Connect : LinkedIn I Twitter I Facebook I Tumblr

For Queries Specific to Africa :
Email: africa@cwiilgroup.comhq@cwiilgroup.eu
Web: www.cwiilgroup.comwww.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Egypt Seeks Bids for Solar and Wind Power Projects – Professional Business Consultancy by CWIIL Group

Egypt began accepting bids for 500 megawatts of renewable energy projects in August.

The government said it would open the tenders for the three projects – two solar and one wind – as it tries to achieve its target of using renewable energy for 20 per cent of its energy needs in five years’ time.

One investor involved in the first round of solar photovoltaic (PV) tenders said the first phase of the government’s feed-in tariff programme, a subsidy scheme, had yet to be concluded, and none of the 1,800MW PV projects the government had awarded had reached financial close. Financial close occurs when all the project and financing agreements have been signed and all the contractual conditions have been met.

“The timing for these new tenders is premature because the serious companies are already involved and want to get across the finish line before they take a bigger chunk out of the market,” said the investor, adding that his company would not be interested until its existing projects have closed financially.

Egypt has to date awarded 1,800MW of PV projects that drew attention from interested companies. The country has also put 1,200MW of wind energy projects up for tender, but they are off to a slower start.

Eversheds, a British law firm and clean energy consultancy, has released a report that details the latest tenders: a 250MW wind project, a 200MW PV project, and a 50MW concentrated solar power (CSP) plant. According to Eversheds, the government requires the firms participating in the projects to have relatively high levels of clean energy experience.

To qualify, a company must have completed three projects, each with a minimum capacity of 50MW for the wind and PV tenders, and 30MW for CSP. Only a handful of companies have such levels of experience.

“If the reports are true, I think it will be a relatively small group of top international developers, due to the high criteria the Egyptian government is requiring,” said Cornelius Matthes, managing director for the Middle East and North Africa at Building Energy, an Italian firm.

One investor said the “feedback from the market will be very lukewarm” because of the projects’ financial complications and Egypt’s high requirements.

These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Middle East & North Africa :
Email : mena@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.