MIRA INFORM REPORT

 

 

Report Date :           

29.05.2013

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

No trace

 

 

Payment Behaviour :

Unknown 

 

 

Litigation :

---

 


NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Senegal

b2

b2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

seNegal ECONOMIC OVERVIEW

 

Senegal relies heavily on donor assistance and foreign direct investment. The country's key export industries are phosphate mining, fertilizer production, and commercial fishing. The country is also working on iron ore and oil exploration projects. After seeing its economy contract by 2.1% in 1993, Senegal made an important turnaround, thanks to an economic reform program backed by the donor community, which led to real growth in GDP averaging over 5% annually during 1995-2007. Annual inflation was pushed down to the single digits. The global economic downturn reduced growth to 2.2% in 2009. The IMF completed a non-dispersing, Policy Support Initiative program in 2010 and approved a new three-year policy support instrument in December 2010 to assist with economic reforms. Senegal also receives disbursements from a $540 million Millennium Challenge Account for infrastructure and agriculture development. In 2012, the economy began to rebound after a weak 2011. The economy continues to suffer from unreliable power supply, which has led to public protests and high unemployment and has prompted migrants to flee Senegal in search of better job opportunities in Europe.

 

Source : CIA

 

 

 


REGISTERED NAME & COMPANY SUMMARY

 

Agence de Distribution de Presse

 

 

ADDRESSES:

Main Address:   Km 2.5, Dakar-Plateau,

Zip code/City:    Dakar, Senegal

Telephone:        +221 33 831 00 52

Fax:                  +221 33 832 49 15

Web site:

 

Profile

Established:                  -

Line of Business:           -

Industry Division:            -

Industry-code (NACE):    -

Banks:                          -

Employees:                   -

CNPJ:                           -

 

DIRECTORS/MANAGEMENT

 

Board of Directors:

-

 

Official Administration:

-

 

Management

-

 

NEGATIVE INFORMATION

 

Public records information:

-

 

SHARE & SHARE CAPITAL INFORMATION

 

State Register:                            -

Legal form:                                  -

Incorporation date:                       -

Balance sheet filing date:             -

Tax Contributor Number (CNPJ):   -

Legal status:                               -

Responsible Register:                  -

 

PAYMENT INFORMATION

 

Import and Export:

 

Payment history:

No payment history is available.

 

Owners/-s:

-

 

FINANCIAL INFORMATION

 

Financial information:

No financial information is available.

 

FOREIGN EXCHANGE RATES

 

Exchange rate:

 

ADDITIONAL INFORMATION

 

Main Activities:

-

 

Staff:

-

 

NOTES & COMMENTS

 

In spite of many efforts, it proved impossible to trace the company. We could not find a registration for this company with the local trade register, or with various other registers we could consult.

 

We could reach the company by phone (Tel. 00221 33 831 00 52). An employee told us that we should write an e-mail. After this call we have sent an e-mail (secretariat@adp.sn), but we have never received a response. When we called the company again, they assured us by phone, that we will receive a response within a short time. Unfortunately, that was not the case.

We could also not find a website for the company. Searches via the stated address did also not yield any results.

 

 

Important Note:

Kindly provide us with additional information such as Correct Name, Address, Contact Details, Name of Contact Person or a copy of the Upper Part of Letterhead within 15 days of receiving this report, a would be sent without any additional cost.

 

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.