Senegalese brokerage firm Finance Gestion et Intermédiation (FGI) and investment company Baobab Asset Management have launched the Fi Natangué investment fund to provide financing solutions to oil and gas companies in Senegal.
The Fi Natangué investment fund will target companies with strong growth potential across the oil and gas value chain.
“Through Fi Natangué, we want to provide endogenous, innovative and flexible financing solutions to companies operating in the hydrocarbons sector,” stated Astou Diop Sène, FGI’s General Manager.
The launch comes after Senegal achieved first oil from the Sangomar field in July this year. The country also anticipates first gas production at the Greater Tortue Ahmeyim conventional field development in early 2025.