The year 2002 was a financially profitable year for Senegal. It was marked by events such as the election of Mr. Baidy Agned.
Also during 2002, in an extraordinary general assembly convened at the end of May, the shareholders of tuna cannery Interco approved a friendly liquidation of the company, whose main shareholder is Akiou Sow. The losses accumulated during the years, largely exceeded half of the company’s capital, therefore allowing the shareholders to dissolve it. The reason for Interco’s losses would be because of the provisioning restraint and the lace of necessary treasury to finance the exploitation.
Interco was created in 1989, repurchased by Aliou Sow and his associates, with the assets (actives) of the African Fisheries Company of the Atlantic (Sapal).
The factory has a tuna processing capacity of 12,000 tons per year. Sapal was a subsidiary company of the Saupiquet group, which had then decided to be withdrawn from Dakar to concentrate its activities in Abidjan.