"Norton Rose Fulbright Advises West African Development Bank on Financing for SENELEC's Advanced Communications Network in Senegal"

"Global law firm Norton Rose Fulbright advised the West African Development Bank (BOAD) on financing a next-generation communications network for SENELEC in Senegal, built by Huawei. The project aims to enhance SENELEC's energy production, transmission, and distribution through improved infrastructure monitoring and remote operations. BOAD acted as the institutional lender, with additional support from Société Générale Senegal, Société Générale Côte d'Ivoire, and Bridge Bank Senegal. Norton Rose Fulbright's Paris team, led by Alexandre Roth, collaborated with Senegal-based Houda & Associates to successfully execute the transaction."

Norton Rose Fulbright and Houda & Associates participated in the transaction, advising the West African Development Bank (BOAD) and the lenders involved in the financing of a next-generation communications network for SENELEC in Senegal. The transaction involved the financing of a telecommunications network built by Huawei to support SENELEC's energy production, transmission, and distribution activities. The project aims to enhance the monitoring of electrical infrastructure, improve reliability, and expand the use of remote measurement and control operations across SENELEC's electricity distribution network. BOAD acted as the institutional lender and arranger for the financing facility, alongside Société Générale Senegal as lender and co-arranger, Société Générale Côte d'Ivoire as facility agent and security agent, and Bridge Bank Senegal as commercial lender. The Paris-based Norton Rose Fulbright team advising BOAD and the lenders was led by Alexandre Roth, partner in banking and finance, with assistance from associate Elahé Hoseiny. Norton Rose Fulbright was supported in Senegal by Houda & Associates, with a team led by Khaled A. Houda, partner, and Aissatou Tall, associate.

"Norton Rose Fulbright Advises West African Development Bank on Financing for SENELEC's Advanced Communications Network in Senegal"

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