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Africa Oil & Power will present the award to H.E. Macky Sall at its annual conference in Cape Town
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H.E. Macky Sall is renowned for his efforts to revive Senegal's economy and create an attractive market for oil and gas
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H.E. Macky Sall will provide a keynote address at Africa Oil & Power 2019
CAPE TOWN, SOUTH AFRICA / ACCESSWIRE / June 24, 2019 / H.E. Macky Sall, President of the Republic of Senegal, will be bestowed with the prestigious "Africa Oil Man of the Year" award during the Africa Oil & Power conference, to be hosted October 9-11, 2019 in Cape Town. The President will be presented the award during the conference, during which he will also present the keynote address.
Senegal is a global hotspot for oil and gas discoveries - well-known as the place in Africa to make major oil and gas finds, due in large part to a decades-long campaign by Sall to improve transparency, create an attractive investment environment and spark new growth.
"As African countries across the continent aim to spur growth and diversify economically, Senegal is a prime example of a country making energy work - creating an enabling environment for business to succeed, attracting huge international investments, while providing for a strong local capacity and downstream investment options," said Guillaume Doane, CEO of Africa Oil & Power. " H.E. Macky Sall is one of Africa's top leaders, not just in oil and gas, but as an advocate for overall economic success. We are honored to present him this award."
Sall first worked as the CEO of Petrosen from 2000 - 2001, before becoming the country's Minister of Mines Energy and Hydraulics in 2001. After a long political career in Senegal, Sall was elected president of Senegal in 2012, and pushed through a series of reforms to revive Senegal's economy and attract international investors.
"In a continent where border disputes have held back the development of offshore resources, President Macky Sall insists on a more productive outcome. He worked with his counterpart of Mauritania, H.E. Mohamed Ould Abdel Aziz, to secure an agreement to jointly develop offshore resources for the mutual benefit of both countries" said Jude Kearney, former Deputy Assistant Secretary for Service Industries and Finance at the U.S. Department of Commerce during the Clinton Administration and currently President of Kearney Africa Advisors.
This form of agreement represents the best practice for the development of cross-border resources, and in this particular case is based on the landmark Frigg Agreement of 1976 between the UK and Norway. That case showed that when leaders work together resources can be developed peacefully to benefit the people of both nations.