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Senegal a possible 'hub' for Canadian investment in Africa: Harper
Toronto Sun ^ | October 12, 2012 | Daniel Proussallidis

Posted on 10/12/2012 8:51:47 AM PDT by Squawk 8888

DAKAR, Senegal — Prime Minister Stephen Harper says Canadian energy companies could become more involved in Senegal, as energy suppliers and investors.

Harper says Senegal's leadership appreciates Canada's energy industry.

"President (Macky) Sall himself has actually been to Alberta and, as a geologist, worked in the Canadian energy sector," Harper said during a joint news conference with Senegal's president on Friday.

Harper calls Senegal an attractive place for Canadian investment.

"I think given Senegal's strong record of good governance, transparency, democracy, human rights, this country really has the opportunity to become the hub for Canadian investment in this entire region of Africa," he said.

Harper comes away with three goodwill agreements with the West African nation, including one on investment protection.

Two-way trade barely reaches $30 million per year, but there is a base of Canadian investment in Senegal.

Officials estimate there are almost $500 million worth of Canadian mining holdings in Senegal, along with Canadian involvement in other sectors of the country's economy.

The more difficult leg of the prime minister's African journey takes place in the ironically named Democratic Republic of Congo where the Francophonie summit will be held Saturday and Sunday.

Congo is one of the most dangerous countries in the world and has an atrocious human rights record — something Harper admits he'll have to deal with in Kinshasa.

"We will be expressing those concerns very clearly when we are present in the Democratic Republic of the Congo," he said.

He's expected to have meetings on the sidelines with other world leaders, and also meet with two Canadian premiers — Quebec's Pauline Marois and New Brunswick's David Alward, who have official standing at the summit.

Marois could prove to be a loose cannon before a global audience if she publicly spouts off about her green energy plan and trashes Alberta's oilsands.


TOPICS: Business/Economy; Canada; Culture/Society; Foreign Affairs
KEYWORDS:

1 posted on 10/12/2012 8:51:49 AM PDT by Squawk 8888
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To: Clive; exg; Alberta's Child; albertabound; AntiKev; backhoe; Byron_the_Aussie; Cannoneer No. 4; ...

Canada Ping!


2 posted on 10/12/2012 8:52:42 AM PDT by Squawk 8888 (True North- Strong Leader, Strong Dollar, Strong and Free!)
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To: Squawk 8888; All

Harper just another silly Globalist

Senegal is another Third World Africa Craphole, which has the double-whammy of being another failed Black African State....with a growing Muslim population.

This has “Economic Disaster” written all over it.


3 posted on 10/12/2012 10:04:39 AM PDT by SeminoleCounty (Political maturity is realizing that the "R" next to someone's name does not mean "conservative")
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