Doa KTT Creditnet Finance 13 June 2022

Creditnet Finance
Agreement No: JOB-5/KTT/CF-190640-MAB

Transaction Code: CF
Security Code: CDB-KTT-190640/CF-XXX/20221608
Date: 16/08/2022
PROJECT INVESTMENT AGREEMENTS

PREFACE TO AGREEMENT:
Party A and Party B to agreement (hereinafter jointly referred to as Parties), herein confirm with full legal and corporate
responsibility to be Sophisticated Principals and thereby do not need to engage in general market-place preliminaries;
whereby, Party A is ready, willing, and able to enter into agreement to perform all its contractual obligations and Party B
is ready, willing, and able to enter into agreement to perform all its obligations according to the terms and conditions of
this agreement.
PREAMBLE:
Party A – is ready, willing, and able (RWA) to deliver Investment Funds to Party B for Project Investments and Party B is
ready, willing, and able (RWA) to accept Investment Funds from Party A according to the terms of this agreement.
The purpose of establishing this Agreement by Private Treaty is to set out the agreed contractual protocols and
procedures between the Parties for the Investment Provider to provide Investment Funds by Key Tested Telex (KTT) and
for the Service Provider (Receiver) to cause their bank to receive and accept Investment Funds delivered by Key Tested
Telex (KTT) for the benefit of the parties to this contractual transaction in order to fund commercial, humanitarian, and/or
Infrastructure projects under their own respective responsibilities.
This contractual obligatory agreement is entered into on this Thursday, 19 May 2022 as an Investment Agreement,
Herein after referred to as the “Agreement” by and between:
BETWEEN PARTY- A – SENDER (INVESTOR):

COMPANY NAME CREDITNET FINANCE
COMPANY ADDRESS 1/10 ALBERT AVENUE, SUITE 232, BROADBEACH, 4218 QLD, AUSTRALIA
INCORPORATE REG. NO. ST.52-5542942
REPRESENTED BY Robert Bruce Gray
CORPORATE TITLE Chairman of the Board and CFO
PASSPORT NUMBER 537236145
DATE AND PLACE OF ISSUE 26 OCT 2016 – HPO London UK
DATE OF EXPIRY 26 JUL 2027
BANK INSTITUTION COMMERCIAL DEVELOPMENT BANK
BANK ADDRESS Lev 2, No 2, Elkhorn Avenue, SURFERS PARADISE, 4217 QLD,

AUSTRALIA
BANK TELEX CODE (57) 410118 (CDB FI)
TRANSACTION CODE: CF-XXX/190640/€5B/DOA-KTT/20220420
SECURITY CODE: CDB-KTT-190640/CF-XXX/20220420
CURRENCY: EURO (€)
AMOUNT: EURO FIVE BILLION (EUR€5,000,000,000.00)

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Date: 16/08/2022
ACCOUNT NO.: 675-61-8180217-03 (EUR)
AGREEMENT AMOUNT EURO FIVE BILLION (EUR €5,000,000,000.00)
FIRST TRANCHE EURO FORTY-NINE MILLION NINE HUNDRED THOUSAND

(EUR €49,900,000.00)
SECOND TRANCHE EURO NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 99,900,000.00)
THIRD TRANCHE EURO ONE HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR €199,900,000.00)
FORTH TRANCHE EURO THREE HUNDRED FORTY-NINE MILLION NINE HUNDRED
THOUSAND (EUR€349,900,000.00)
FIFTH TRANCHE AND THEREAFTER AS PER SCHEDULE
AND
PARTY-B RECEIVER/ PARTNER:
COMPANY NAME SDI SARL ‘’SENEGALAISE D’INFORMATIQUE’’
COMPANY ADDRESS YEUMBEUL NORD DAKAR – SENEGAL
COMPANY REG.NUMBER: RCCM /SNDKR B8910 - NINEA 26099172R
REPRESENTED BY Mr SEYDI DJIBA SOW / CEO
PASSPORT NUMBER: A 02731511
DATE OF ISSUE: 01 /02/ 2021
DATE OF EXPIRY: 31 /01/ 2026
ISSUED PLACE: DAKAR
BANK NAME: BNDE (BANQUE NATIONALE POUR LE DEVELOPPEMENT ECONOMIQUE

SA
BANK ADDRESS: BNDE SIEGE SOCIALE, PLACE SOWETO X AVENUE PDT LAMINE GUEYE
IMMEUBLE RIVONIA BP/6481 DAKAR
ACCOUNT NUMBER SN 08 SN 169 010010356100 187
ACCOUNT NAME SDI SENEGALAISE D’INFORMATIQUE
IBAN: SN169 0100 100103561001 87
BANK TELEX CODE mouhamadou.diagne@bnde.sn
INVESTOR-SENDER INITIALS: Page 2 of 26 SERVICE RECEIVER:

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Date: 16/08/2022
SWIFT CODE BNDXSNDA

BANK OFFICER mouhamadou.diagne
BANK TELEPHONE +221 33 829 20 50
BANK FAX +221 33 829 20 51
REPRESENTED BY SEYDI DJIBA SOW
BENEFICIARY ADDRESS YEUMBEUL SANTHIABA
Hereinafter PARTY A and PARTY B jointly referred to as the ‘PARTIES’
WHEREAS, the INVESTOR is entitled and is ready, willing, and able to invest funds into various projects pursuant to this
agreement with SERVICE PROVIDER and SERVICE PROVIDER is ready, willing, and able to receive and to accept these
Investment funds in EUR or USD for the use of PROJECTS and SERVICES under the guidelines set forth herein.
NOW, THEREFORE, in consideration of the premises and the mutual promises and covenants contained in this
AGREEMENT, and for the other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the PARTIES hereby agree as follows:
ARTICLE I. SUBJECT AND PURPOSE OF AGREEMENT
1. Under this present AGREEMENT, the PARTIES have agreed that INVESTOR agrees to invest via UNCONDITIONAL
KTT TRANSFER to the above-named SERVICE PROVIDER a sum in the aggregate amount of EURO FIVE BILLION
(EUR €5,000,000,000.00) with rolls and extensions, in Investment tranches, to be agreed additionally, for the
purpose specified as follows: First tranche amount of EURO FORTY NINE MILLION NINE HUNDRED THOUSAND
(EUR€49,900,000.00) with possible rolls and extensions total to be determined by the PARTIES. The Investment
tranches, to be agreed additionally, for the purpose specified in clause 2.1 of this AGREEMENT, and the SERVICE
PROVIDER irrevocably agrees to receive and accept the investment and to utilize it according to the purposes
specified in paragraph 2.1 of this AGREEMENT.
2. Places of Business – The SERVICE PROVIDER may locate its place or places of business at any place or places as he
may from time to time determine and identify to the INVESTOR. The initial places of business shall be at its
principal office location.
3. SERVICE PROVIDER shall have full power and authority to supervise and direct the INVESTMENT FUNDS, including
the power and authority to effect transactions in any project, construction, research, technology, infrastructure
and others after consultation with INVESTOR.
ARTICLE 2. CAPITAL CONTRIBUTION.

1. The INVESTOR grants investment under this AGREEMENT to the SERVICE PROVIDER for the financing of mutually
approved projects.

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2. INVESTOR hereby warrants and assures to SERVICE PROVIDER under full legal responsibility and liability that the
INVESTMENT FUNDS are derived from legal sources and not from any other criminal activity. Further, the
INVESTOR warrants and confirms that the fund are good, clean, and cleared, of trustworthy (non-criminal) origin
and totally free of any terrorist activities, free from any costs, charges, encumbrances, liens, litigation, mortgages,
taxes of any kind or nature whatsoever.
3. INVESTOR hereby agrees to transfer portions of the total aggregate sum of EURO FIVE BILLION
(EUR€5,000,000,000.00), based on mutual agreement and continued performance of the SERVICE PROVIDER, with
possible rolls and extensions, in INVESTMENT TRANCHES, to be determined by the Parties mutual agreement, and
the tranches of the INVESTMENT FUNDS to be transferred to the SERVICE PROVIDER bank accounts details
designated herein. The INVESTOR hereby agrees that the first tranche shall be for an amount of EURO FORTY
NINE MILLION NINE HUNDRED THOUSAND (EUR€49,900,000,000.00) upon receipt of acceptable Bank Endorsed
Payment Guarantee Letter and during scheduled Window Time. Said Payment Guarantee Letter must be in-force
for the First (1st) Tranche and all subsequent Tranches.
4. These amounts can be transferred in one or in agreed tranches. The time of transfer of each tranche has to be
agreed separately by the PARTIES. After receipt of the first tranche, the EUR- amount should be transferred within
Twelve (12) Bank hours as described in the Payment Guarantee Letter.
5. Each tranche of INVESTMENT under this AGREEMENT will be transferred to the below stated bank accounts of the
SERVICE PROVIDER via UNCONDITIONAL KTT TRANSFER from the INVESTOR’s bank.
6. The SERVICE PROVIDER will manage the INVESTMENTS FUNDS on behalf of INVESTOR to the INVESTOR´s Projects
as instructed by the INVESTOR.
7. Financing and implementation of each separate INVESTOR’s Projects will be agreed and accepted by the PARTIES
in writing as an appendix to the present AGREEMENT and forms an integral part of this AGREEMENT.
8. After each transfer of funds into each separate INVESTOR´s Projects, the SERVICE PROVIDER will immediately
provide statement copy of his account to INVESTOR in order to verify acceptance of the funds for investment.
ARTICLE 3. RIGHTS AND OBLIGATIONS OF THE PARTIES.
INVESTOR irrevocably undertakes to:
1. Grant to the SERVICE PROVIDER an Investment in the amount(s) and on conditions specified above and if it is
necessary; in the Appendixes of this AGREEMENT.
2. Make transfer of Investment from clean and clear funds of trustworthy (non-criminal) origin, free of liens and
encumbrances.
3. Control the usage of INVESTMENT FUNDS.

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4. INVESTOR must approve all INVESTMENT PROJECT(s) and additional contracts. The decision on whether to invest or
not, can only be confirmed by the SERVICE PROVIDER. No PARTY hereto shall have the right, directly or indirectly, by
operation of law or otherwise, to assign, sell, mortgage, encumber or otherwise transfer all or any portion of the
INVESTMENT FUNDS. Only the SERVICE PROVIDER is authorized by INVESTOR to manage the INVESTMENT FUNDS
and to execute any contract(s) or other agreement(s) or document(s) for the INVESTMENT PROJECTS with prior
written notice to the INVESTOR.
ARTICLE 4. SERVICE PROVIDER irrevocably undertakes to:
1. Submit this present contract to SERVICE PROVIDER’s receiving bank and arrange reception of the INVESTMENT.
2. Receive and accept INVESTMENT sent by the INVESTOR.
3. Utilize INVESTMENT funds according to the conditions of granting of the INVESTMENT.
4. In any and every case, not to use, directly or indirectly, the INVESTMENT funds and/or profit received from
investment or reinvestment for any illegal activity, including but not limited to weapons and warfare trade, illegal
drug trade, criminal and/or terroristic activity, slavery, piracy etc.
5. The SERVICE PROVIDER shall be entitled to pay for the services.
6. Subject to the other terms of this AGREEMENT, the business and affairs of the PROJECT/s shall be managed solely
and exclusively by the SERVICE PROVIDER which represents and warrants that it is not deemed a “professional
financial advisor” as defined under the Investment Advisors Act of 1940 of the United States of America, as
amended, or as defined by the laws, rules, and regulations of any other country or jurisdiction.
7. At INVESTOR’s request, SERVICE PROVIDER will provide, or instruct its affiliates to provide, reports as to the
status of the INVESTMENT FUNDS and the PROJECTS. INVESTOR hereby acknowledges and agrees that SERVICE
PROVIDER will not be possible for the accuracy of any information disclosed in any such report which may be
provided by a third party.
8. DISTRIBUTION OF FUNDS. Once each Tranche is executed by both PARTIES (as delineated in this AGREEMENT),
the aforementioned Funds will be disbursed within One (1) business day as per the instructions of the Bank
Endorsed Payment Guarantee Letter; furthermore, NO funds will be withheld for any purpose whatsoever.
NOTE: Due to the size of the TRANSACTION, tranches may be employed to send funds to the designated Accounts per the Bank
Endorsed Payment Guarantee Letter instructions.
ARTICLE 5. RESPONSIBILITY OF PARTIES.
1. Any PARTY, breaching its obligation under this AGREEMENT, is obliged immediately to inform the other PARTY and
make all remedies to eliminate all such breaches.
2. The PARTIES carry sole responsibility for their obligations to third persons or parties, if other is not stipulated hereto
and in the Addendums to this AGREEMENT.

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ARTICLE 6. EXPENSES AND LOSSES OF PARTIES; INDEMNITY; TAXES
1. For the losses, caused by non-fulfilment or/and untimely fulfilment of obligations by any PARTY, suffered PARTY
have right to claim compensation for the really originated and documentary confirmed losses.
2. SERVICE PROVIDER does not guarantee the future performance of any INVESTMENT PROJECT(s) which it may
present to INVESTOR from time to time and INVESTOR approves. INVESTOR understands that any decisions made by
SERVICE PROVIDER are subject to various markets, currency, economic, political and business risks and that those
investment decisions will not always be profitable. SERVICE PROVIDER will not be liable to INVESTOR for:
(a) Any loss that INVESTOR may suffer by reason of any investment decision made or other action taken or omitted
in good faith by SERVICE PROVIDER with that degree of care, skill, prudence, and diligence under the
circumstances that a prudent person acting in a fiduciary capacity would use—with the exception of failing to
comply with the instructions of the aforementioned Payment Guarantee Letter;
(b) Any loss arising from force majeure such as the short term and/or long-term consequences of war, terrorist
attacks, natural disasters and/or global economic crisis that shall, in any way, influence negatively the market
and its assets.
(a) With the exception of clear refusal to comply with the terms and conditions of this AGREEMENT by either of the
PARTIES, the PARTIES shall indemnify each other during the term of this AGREEMENT against all claims, causes
of action, suits, damages, liabilities and expenses (including reasonable attorneys' fees) which may be directed
against any PARTY, or for which it may be liable or compelled to pay in any action or claim against it as a direct
or indirect result of any of its investments.
(b) The PARTIES shall be responsible for the payment of their own respective taxes, impost, levies, duties, charges
and any institutional costs or fees levied upon them by any financial institution or government relative to the
execution of their obligations under this AGREEMENT. In this regard, each PARTY shall indemnify and hold the
other harmless for any and all liabilities for which the counterparty are themselves responsible.
ARTICLE 7. CONFIDENTIALITY
1. General. It is expected that the PARTIES shall disclose to each other during the Term of this Agreement certain
information which is confidential or proprietary and which may include technology, products, trade secrets,
processes, programs, technical know-how, customers, distributors, costs, pricing, business operations and other
business information ("Proprietary Information"). All Proprietary Information owned solely by either PARTY, any
Joint Venture or any Subsidiary and disclosed to any PARTY shall remain solely the property of the disclosing PARTY,
and its confidentiality shall be maintained and protected by the PARTY to whom the information was disclosed with
the same degree of care used to protect its own Proprietary Information of a similar nature; provided, however,
that (i) INVESTMENT PROJECT(s) shall be deemed the property of the Joint Ventures or Subsidiaries of either PARTY,
as determined by mutual agreement of both PARTIES, (ii) INVESTMENT PROJECT (s) that are no longer Active shall be
deemed the property of the PARTY mutually agreed upon by both PARTIES, and (iii)client lists, financial and
analytical models, processes and procedures utilized or developed by INVESTMENT PROJECT in connection with the
business of the Investment, any Joint Venture or any Subsidiary shall be deemed the property of the PARTY mutually
agreed upon by both PARTIES.
2. No Proprietary Information owned solely by one PARTY shall be used by either PARTY except in furtherance of the
terms and provisions of this AGREEMENT. Except to the extent permitted under this AGREEMENT or as required by

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law or court order, the PARTIES shall in all circumstances exercise reasonable care not to allow to be published or
disclosed the other party's Information to any third party. Each PARTY shall advise its employees to whom the other
PARTY's or the Subsidiaries' or Joint Ventures' Proprietary Information is disclosed of these obligations of
confidentiality.
3. The PARTIES agree that the following information shall not constitute Proprietary Information under this
AGREEMENT: Information available from public sources at any time before or after it is disclosed to PARTY hereto by
the other PARTY hereto.
(i) Information obtained from a third party who obtained such information, directly or indirectly, from a party
other than a PARTY to this AGREEMENT; and
(ii) Information independently developed by the PARTY against whom enforcement of this provision is sought
without the use of information provided by the PARTY seeking such enforcement.
4. Notwithstanding any provision of this AGREEMENT to the contrary, any person (and each employee, representative,
or other agent of such person) may NOT disclose to any and all other persons, without limitation of any kind,
(i) The tax treatment and tax structure of any transaction contemplated or consummated pursuant to this
AGREEMENT,
(ii) All materials of any kind (including any opinions or other tax analysis) that are provided to such person relating
to the tax treatment and tax structure of any such transaction and
(iii) Any information required to be disclosed or obtained by law or court order.
ARTICLE 8. REPRESENTATIONS AND WARRANTIES
1. Organization. It is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation
with all requisite power and authority to enter into this AGREEMENT, to perform its obligations hereunder and to
conduct the business of the Program and the Subsidiaries.
2. Enforceability. This AGREEMENT constitutes the legal, valid and binding obligation of the PARTIES, enforceable in
accordance with its terms.
3. Consents and Authority. No consents or approvals are required from any governmental authority or other Person for
it to enter into this AGREEMENT. All action on the part of such party necessary for the authorization, execution and
delivery of this AGREEMENT and the consummation of the transactions contemplated hereby by such PARTY, have
been duly taken.
4. No Conflict. The execution and delivery of this AGREEMENT by it and the consummation of the transactions
contemplated hereby by it do not conflict with or contravene the provisions of its organizational documents or any
agreement or instrument by which it or its properties or assets are bound or any law, rule, regulation, order or
decree to which it or its properties or assets are subject.
5. Legal Advice. The PARTIES have been afforded the opportunity to seek and rely upon the advice of their respective
attorneys, accountants or other professional advisors in connection with the execution of this AGREEMENT.

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ART ICLE 9. TERM OF VALIDITY OF AGREEMENT AND AGREEMENT TERMINATION
1. This present AGREEMENT is valid and coming in full legal force from date of signing by both PARTIES. This
AGREEMENT shall remain in full force and effect for the period of One (1) year and can be extended for another
year if mutually agreed by the PARTIES, unless this AGREEMENT is terminated sooner in accordance of the terms
of this AGREEMENT. This AGREEMENT shall apply to any and all renewals, extensions, rollovers, additions or any
agreements between the AGREEMENT and any third parties or their assignee’s.
2. Normal termination of this AGREEMENT will occur with the conclusion of all financial transactions covered under
the terms and conditions herein unless otherwise extended in writing by the PARTIES mutual AGREEMENT.
3. The PARTIES agree that if the INVESTMENT FUNDS transfer is not completed, as per Sections2.6 and 2.7 herein,
then this AGREEMENT will be effectively null and void, whereby the PARTIES only remedy to each other is to
terminate this AGREEMENT without further recourse.
4. The PARTIES agree that any PARTY can terminate this AGREEMENT if it can show evidence that either PARTY has
NOT fulfilled its obligations as described herein, unless extended in writing by both PARTIES, and if terminated,
the PARTY in breach shall be deemed in DEFAULT and the other PARTY, collectively or separately, shall have the
right to pursue any and all legal remedies to which they are entitled against the PARTY in breach, under the
British Common laws of the United Kingdom with full prejudice.
ARTICLE 10. MISCELLANEOUS
10.1. Notices. Any modifications, amendments, addendums or follow-on contracts must be executed by the PARTIES
respectively. When signed and referenced to this AGREEMENT, whether received by mail or facsimile
transmission as all and any facsimile or photocopies certified as true copies of the originals by both PARTIES here
to shall be considered as an original, both legally binding and enforceable for the term of this AGREEMENT.
1. Specific Performance; Other Rights . The PARTIES recognize that the rights granted under this AGREEMENT are
unique and, accordingly, the PARTIES shall, in addition to such other remedies as may be available to them at law
or in equity, have the right to enforce their rights under this AGREEMENT by actions for injunctive relief and
specific performance.
1. Prior Agreements; Construction; Entire Agreement. This AGREEMENT, including the Exhibits and other
documents referred to herein (which form a part hereof), constitutes the entire agreement between the PARTIES
with respect to the subject matter hereof, and supersedes all prior agreements and understandings between
them as to such subject matter and all such prior agreements and understandings are merged herein and shall
not survive the execution and delivery hereof.
2. Amendments. This AGREEMENT may not be amended, altered or modified except upon the unanimous by
instrument in writing and signed by each of the PARTIES.
3. Severability. If any provision of this AGREEMENT shall be held or deemed by a final order of a competent
authority to be invalid, inoperative or unenforceable, such circumstance shall not have the effect of rendering
any other provision or provisions herein contained invalid, inoperative or unenforceable, at which point, this
AGREEMENT shall be construed as if such invalid, inoperative or unenforceable provision had never been
contained herein so as to give full force and effect to the remaining terms and provisions herein.

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Agreement No: JOB-5/KTT/CF-190640-MAB Transaction Code: CF
Date: 16/08/2022
4. Counterparts. This AGREEMENT may be executed in one or more counterparts, all of which shall be considered
one and the same agreement and shall become effective when one or more such counterparts have been signed
by each of the parties and delivered to each of the other parties.
5. Applicable Law; Jurisdiction. This AGREEMENT shall be governed by and construed in accordance with the British
Common laws of the United Kingdom.
6. Waiver of Jury Trial. The PARTIES here by irrevocably and unconditionally waive trial by Jury in any legal action or
proceeding relating to this AGREEMENT and for any counterclaim therein.
7. Arbitration. Every attempt shall be made to resolve disputes arising from unintended or in advertent violation of
this contractual agreement as far as possible amicably. In the event that adjudication is required local legal
process shall be preceded with and the Parties hereby agree to arbitration in London, United Kingdom and the
decision of which the Parties shall consider to be final and binding.
8. No Rights of Third Parties. This AGREEMENT is made solely and specifically between and for the benefit of the
PARTIES hereto and their respective members, successors and assigns subject to the express provisions hereof
relating to successors and assigns, and no other Person whatsoever shall have any rights, interest, or claims
hereunder or benefited to any benefits under or on account of this AGREEMENT as a third-party beneficiary with
the exception of the Beneficiaries/Consultants indicated in the Payment Guarantee Letter.
9. Survival. The covenants contained in this AGREEMENT which, by their terms, require performance after the
expiration or termination of this AGREEMENT shall be enforceable notwithstanding the expiration or other
termination of this AGREEMENT.
10. Headings. Headings are included solely for convenience of reference and if there is any conflict between
headings and the text of this AGREEMENT, the text shall control.
11. Any exchange of funds between the PARTIES shall be made in currency of the European Union (Euros). In
addition, all calculations pursuant to this AGREEMENT and any Joint Venture Agreement shall be based on ICC
regulations in Paris.
ARTICLE 11. PAYMENT FUNDS
TRANSFER AMOUNTS TO BE SENT BY KEY TESTED TELEX (KTT)
1 TRANSACTION TYPE CASH FUNDS TRANSFER (CFT) BY KEY TESTED TELEX (KTT)
2 PAYMENT CURRENCY EURO (EUR)
3 TOTAL PAYMENT EURO FIVE BILLION (EUR €5,000,000,000.00)
4 FIRST TRANCHE EURO FORTY-NINE MILLION NINE HUNDRED THOUSAND (EUR €49,900,000.00)
5 SECOND TRANCHE EURO NINETY-NINE MILLION NINE HUNDRED THOUSAND (EUR €99,900,000.00)

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Transaction Code: CF-MAB/190640/€5B/DOA-KTT/20220420
Date: 18 June 2022
6 THIRD TRANCHE EURO ONE HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 199,900,000.00)
7 FORTH TRANCHE EURO THREE HUNDRED FORTY-NINE MILLION NINE HUNDRED THOUSAND
(EUR €349,900,000.00)
8 FIFTH TRANCHE EURO THREE HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 399,900,000.00)
9 SIXTH TRANCHE EURO FOUR HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 499,900,000.00)
10 SEVENTH TRANCHE EURO FOUR HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 499,900,000.00)
11 EIGHTH TRANCHE EURO FOUR HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 499,900,000.00)
12 NINTH TRANCHE EURO FIVE HUNDRED FIFTY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 559,900,000.00)
13 TENTH TRANCHE EURO FIVE HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 599,900,000.00)
14 ELEVENTH TRANCHE EURO FIVE HUNDRED NINETY-NINE MILLION NINE HUNDRED THOUSAND
(EUR € 599,900,000.00)
15 TWELFTH TRANCHE EURO SIX HUNDRED NINETY-ONE MILLION ONE HUNDRED THOUSAND
(EUR € 691,100,000.00)
16 SENDER INCLUDING 45% (FORTY FIVE PERCENT) 45+5
CONSULTANTS
17 RECEIVER INCLUDING 45% (FORTY FIVE PERCENT) 45+5

CONSULTANTS
18 PAYMENT TRANSFER Cash Wire Transfer by SWIFT – TT Within Twelve (12) Bank hours After Receipt,
MODE Authentication, & Verification of each KTT from the Sender’s Bank.
NOTE: ACCOUNTS FOR DISTRIBUTION WILL BE SUBJECT TO SEPARATE PGL.

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SENDER - PASSPORT COPY

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SENDER COMPANY CERTIFICATE

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RECEIVER” - PASSPORT COPY

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Date: 16/08/2022
RECEIVER- COMPANY CERTIFICATE

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Date: 16/08/2022
PROOF OF FUNDS

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Date: 16/08/2022
WHEREOF, the PARTIEs hereto agree to all of the terms and conditions of this AGREEMENT and in acknowledgement
thereof have set their hands on the date first written above.
AGREED & ACCEPTED FOR AND ON BEHALF OF SENDER AGREED & ACCEPTED FOR AND ON BEHALF OF RECEIVER
COMPANY NAME CREDITNET FINANCE COMPANY NAME SDI SARL ‘’SENEGALAISE

D’INFORMATIQUE’’
PRESENTED BY MR MR. Robert Bruce Gray PRESENTED BY MR Mr SEYDI DJIBA SOW / CEO
PASSPORT NO. 537236145 PASSPORT NO. A 02731511
ISSUE DATE 26.10.2016 ISSUE DATE 01 /02/ 2021
EXPIRY DATE 26.07.2027 EXPIRY DATE 31 /01/ 2026
COUNTRY OF ISSUE UNITED KINGDOM COUNTRY OF ISSUE SENEGAL
DATE 18 JUNE 2022 DATE 16 AUGUST 2022
PROCEDURES
3.1 THE SENDER AND THE SERVICE PROVIDER (RECEIVER) EXECUTE, SIGN AND SEAL THIS KTT SERVICE AGREEMENT WITH
DISTRIBUTION OF RECEIVED CASH FUNDS BETWEEN THE PARTICIPANTS OF PROJECT INVESTMENTS, WHICH THEREBY
AUTOMATICALLY BECOME AS FULL COMMERCIAL RECOURSE CONTRACT.
3.2 THE SENDER IS OBLIGATED TO PROVIDE THE SERVICE PROVIDER (RECEIVER) WITH THE NECESSARY SENDING BANK
DETAILS AND KEY TESTED TELEX (KTT) PROTOCOLS (SEE APPENDICES ATTACHED) IN ORDER FOR THE FUNDS TO BE
RECEIVED AND ACCEPTED BY THE SERVICE PROVIDER (RECEIVER)'S BANK FOR THEIR BOOK ENTRY INTO THEIR
COMMON ACCOUNT.
3.3 UPON COMPLETED TRANSFER AND DELIVERY OF EACH CASH FUNDS TRANSFER (CFT) BY KEY TESTED TELEX (KTT), AS
PER THE ATTACHED KTT PROTOCOLS, TO THE SERVICE PROVIDER (RECEIVER)'S BANK, FOR THEIR BOOK ENTRY INTO
THEIR COMMON ACCOUNT, AS MENTIONED ABOVE, SERVICE PROVIDER (RECEIVER)’S BANK IS OBLIGATED TO
PROVIDE THE SENDER’S BANK WITH THE CONFIRMATION THAT THE INVESTORS FUNDS HAVE BEEN DEPOSITED TO
THE SERVICE PROVIDER (RECEIVER)’S BANK ACCOUNT.
3.4 THERE IS NO SWIFT / TELEGRAPHIC TRANSFER INVOLVED. CASH FUNDS TRANSFERS (CFT) ARE DELIVERED VIA KEY
TESTED TELEX (KTT) ON A DIRECT BANK-TO-BANK BASIS. THIS SERVICE IS FOR BANK CUSTOMERS WHO REQUIRE
CONFIDENTIALITY.

Creditnet Finance
Date: 16/08/2022
3.5 UPON RECEIPT AND CLEARANCE OF FUNDS ONTO THE SERVICE PROVIDER (RECEIVER)’S ACCOUNT, WITHIN TWELVE
(12) BANK HOURS SERVICE PROVIDER (RECEIVER) WILL TRANSFER SIXTY PERCENT (60%) OF THE AMOUNT RECEIVED
TO THE ACCOUNTS DESIGNATED BY THE SENDER SIDE INCLUSIVE OF SENDER’S SIDE MANDATE AND FACILITATOR’S
ON THE SENDER’S SIDE.
3.6 UPON FULL CLEARANCE OF SAID TRANSFERRED FUNDS, SERVICE PROVIDER (RECEIVER)'S AUTHORIZED AND
INSTRUCTED TRUSTEE DISTRIBUTES AND TRANSFERS CASH FUNDS FOR INVESTMENTS VIA SWIFT MESSAGE
MT103/202 WITH “URGENT, THE SAME DAY WIRE” MODE TO DESIGNATED BANK ACCOUNTS, AS PER AGREED
TERMS AND CONDITIONS IN THIS AGREEMENT AND IMFPA BELOW.
3.7 SERVICE PROVIDER (RECEIVER) HEREBY IRREVOCABLY CONFIRMS UNDER FULL CORPORATE AND INDIVIDUAL
RESPONSIBILITY AND LIABILITY, THAT THE CASH FUNDS PAYMENT FROM SERVICE PROVIDER (RECEIVER) TO
SENDER’S BENEFICIARY ARE CLEAN, CLEAR FUNDS, FREE OF ANY LEVY,LIENS OR ENCUMBRANCES AND OF
TRUSTWORTHY (NON- CRIMINAL AND NON-TERRORIST) ORIGIN.
3.8 THE FOLLOWING PROCEDURE MUST BE STRICTLY ADHERED TO, AS WELL AS AGREED, BY THE SENDER AND/OR THE
SERVICE PROVIDER (RECEIVER) TO WORK OUT THE TRANSACTION. THIS IS THE PROCEDURE THAT MUST BE
FOLLOWED FOR TELEX TRANSMISSION SCREEN-TO-SCREEN TRANSACTION ONLY. THERE WILL BE NO CONTACT WITH
OR BETWEEN THE BANKS OR THE BANK OR THE SENDER. NO FAXES, NO LETTERS, NO E-MAILS, NO TELEPHONE CALLS
AND NO SWIFTS IN REGARDS TO THIS KTT CASH FUNDS TRANSFER (CFT) TRANSACTION.
3.9 ALL COMMUNICATIONS WILL TAKE PLACE ONLY VIA THE SENDING AND RECEIVING TELEX TRANSMISSIONS. NO
EXCEPTIONS. E-MAIL ATTACHMENTS OF THIS DOCUMENT, WHEN DULY EXECUTED ARE TO BE CONSIDERED ORIGINALS
AND BINDING DOCUMENTS.
4 COMMUNICATION PROCEDURE
4.1 THE SENDER’S BANK HAS TO SEND A PRE-ADVICE AND AUTHENTICATION KEY CODES TO THE SERVICE PROVIDER
(RECEIVER)’S BANK WITHIN 24 HOURS BEFORE THE FIRST FIN KTT-MT103 TRANSFER.
4.2 THE SENDER’S BANK SHALL PROCEED TO SEND THEIR CASH FUNDS TRANSFERS (CFTs) TO THE SERVICE PROVIDER
(RECEIVER)’S BANK VIA DIRECT KEY TESTED TELEX (KTT) SYSTEM WITHOUT ANY OTHER INTERMEDIARY OR
CORRESPONDING BANK INVOLVED. AFTER EACH KTT TRANSFER; SERVICE PROVIDER (RECEIVER) MUST PROVIDE
IMMEDIATELY AND WITHOUT DELAY THE COPY OF THE SCREENSHOT OF THE EXECUTED TRANSFER FROM SERVICE
PROVIDER (RECEIVER)’S EMAIL TO THE SENDER’S EMAIL.
4.3 WITHIN TWELVE (12) BANK HOURS AFTER RECEIPT OF EACH KTT TRANSFER, SERVICE PROVIDER (RECEIVER) MUST
PROVIDE THE COPY OF THE BANK STATEMENT OR WIRE TRANSFER SLIP OF THE EXECUTED TRANSFER FROM SERVICE
PROVIDER (RECEIVER)’S EMAIL TO THE SENDER’S EMAIL.
4.4 SERVICE PROVIDER (RECEIVER) HAS TO SEND FOR EACH SWIFTMT103/202, THE COPY OF EACH SWIFT BANK REPORT
FROM THE SERVICE PROVIDER (RECEIVER)’S EMAIL TO THE SENDER’S EMAIL.

Creditnet Finance

Date: 16/08/2022
ANNEX A
THE SWIFT MT103 TRANSFER AMOUNT AGAINST EACH KTT TRANSFER RECEIVED: BASED ON SEVENTY PERCENT (70%)
TRANCHE No. SWIFT - TRANCHES FACE VALUE

1. EURO THIRTY-FOUR HUNDRED MILLION NINE HUNDRED THIRTY THOUSAND (EUR €34,930,000.00)
2. EURO SIXTY-NINE MILLION NINE HUNDRED THIRTY THOUSAND (EUR €69,930,000.00)
3. EURO ONE HUNDRED THIRTY-NINE MILLION NINE HUNDRED THIRTY THOUSAND (EUR €139,930,000.00)
4. EURO TWO HUNDRED FORTY-FOUR MILLION NINE HUNDRED THIRTY THOUSAND (EUR €244,930,000.00)
5. EURO TWO HUNDRED SEVENTY-NINE MILLION NINE HUNDRED THIRTY THOUSAND (EUR €279,930,000.00)
6. EURO THREE HUNDRED FOURTEEN MILLION NINE HUNDRED THIRTY THOUSAND (EUR €314,930,000.00)
7. EURO THREE HUNDRED FORTY-NINE MILLION NINE HUNDRED THIRTY THOUSAND (EUR €349,930,000.00)
8. EURO THREE HUNDRED FORTY-NINE MILLION NINE HUNDRED THIRTY THOUSAND (EUR €349,930,000.00)
9. EURO THREE HUNDRED NINETY-ONE MILLION NINE HUNDRED THIRTY THOUSAND (EUR €391,930,000.00)
10. EURO four HUNDRED NINETEEN MILLION NINE HUNDRED THIRTY THOUSAND (EUR €419,930,000.00)
11. EURO four HUNDRED NINETEEN MILLION NINE HUNDRED THIRTY THOUSAND (EUR €419,930,000.00)
12. EURO FOUR HUNDRED EIGHTY-THREE MILLION SEVEN HUNDRED SEVENTY THOUSAND (EUR € 483,770,000.00)
TOTAL EURO 5B / FIVE BILLION (EUR € 5,000,000,000,000.00)

Creditnet Finance
APPENDIX A
KTT MT199 PRE-ADVICE
[Receiver_Bank_Telex_No]
===================Instance Type and
Transmission=================== Priority : HIGH
Message Output Reference : [Bank Security Code/Telex]
============================MESSAGE
HEADER========================== OUTPUT : MT 999 PRE ADVICE
SENDER : (57) 410118 CDB FI

: COMMERCIAL DEVELOPMENT BANK
: SECOND LEVEL, 2 ELKHORN AVE
: SURFERS PARADISE, QLD 4217, AUSTRALIA
: EMAIL: ADMIN (AT) CDBANKCORP.COM
RECEIVER : [Receiver_Bank_Telex_No] +221 33829 20 50

: BANK NAME BNDE (BANQUE NATIONALE POUR LE DEVELOPPEMENT ECONOMIQUE SA
: BANK ADDRESS 1 BNDE SIEGE SOCIALE, PLACE SOWETO X AVENUE PDT LAMINE GUEYE
: BANK ADDRESS 2 BNDE SIEGE SOCIALE, PLACE SOWETO X AVENUE PDT LAMINE GUEYE
BANK OFFICER : BANK OFFICER

MOUHAMADOU DIAGNE BANK TELEPHONE :
000 000 0000 0000
BANK EMAIL : <mouhamadou.diagne@bnde.sn>
ACCOUNT NAME : BANK BENEFICIARY ACC NAME SDI SENEGALAISE D’INFORMATIQUE ACCOUNT NUMBER : BANK
BENEFICIARY ACC NUMBER 00000 SN169 0100 100103561001 87
MUR : [Bank Transaction Reference]

=============================MESSAGE
TEXT=========================== 27: SEQUENCE OF TOTAL : 1/1
30: DATE : [DATE]
21: WE, COMMERCIAL DEVELOPMENT BANK, HEREBY REQUEST TO ESTABLISH
DIRECT WORKING RELATIONS WITH YOUR GOOD BANK.
WE CONFIRM THAT WE ARE READY, WILLING AND ABLE TO MAKE CASH FUNDS
TRANSFERS TO YOUR BANK BY KEY TESTED TELEX FOR IMMEDIATE DEPOSIT TO
YOUR ACCOUNTHOLDER: [BENEFICIARY ACCT NAME], ACCOUNT NUMBER:
[BENEFICIARY ACCT NUMBER], AS SAME DAY VALUE ON A DIRECT BANK.TO.BANK
BASIS.
PLEASE ACKNOWLEDGE RECEIPT OF THIS TELEX AND CONFIRM BY YOUR RESPONSE

OUR WORKING RELATIONSHIP AND THAT YOU ARE READY TO ACCEPT OUR CASH
FUNDS TRANSFER BY KEY TESTED TELEX FOR IMMEDIATE DEPOSIT TO YOUR
CLIENTS ACCOUNT AS REFERENCED ABOVE.
FOR AND ON BEHALF OF COMMERCIAL DEVELOPMENT BANK
AUTHORISED BY BANK OFFICERS:

[Bank_Officer_1] ([Bank_Officer_1_PIN])
===========================MESSAGE
TRAILER========================== END TELEX MESSAGE

Creditnet Finance
APPENDIX B
RESPONSE TO KTT MT199 PRE-ADVICE
===================INSTANCE TYPE AND TRANSMISSION===================
PRIORITY : HIGH
MESSAGE OUTPUT REFERENCE: XXXX.xxxx.XXXXX.XXX
=========================MESSAGE
HEADER============================= OUTPUT : MT 199 FORMAT PRE-
ADVICE RESPONSE
SENDER : [Sender_Bank_Telex_No]
: BANK NAME
: BANK ADDRESS 1
: BANK ADDRESS 2

BANK TELEPHONE : 000 000 0000 0000
BANK EMAIL : XXX(AT)Xxx-BANKxxx.COM
ACCOUNT NAME : BANK BENEFICIARY ACC NAME

ACCOUNT NUMBER : BANK BENEFICIARY ACC NUMBER
00000
RECEIVER : (57) 410118 CDB FI

: EMAIL: ADMIN(AT)CDBANKCORP.COM
ACCOUNT DETAILS:
ACCOUNT NAME : SENDING BANK APPLICANT ACC NAME
ACCOUNT NUMBER : SENDING BANK APPLICANT ACC NUMBER
00000

=============================MESSAGE
TEXT========================= 27: SEQUENCE OF TOTAL : 1/1
30: DATE : [DATE]
79: NARRATIVE:
DEAR BANKING COLLEAGUE,
WE, [RECEIVING BANK NAME] HEREWITH ACKNOWLEDGE RECEIPT OF YOUR TELEX PRE-ADVICE AND AGREE
TO ESTABLISH A WORKING RELATIONSHIP WITH YOUR BANK BY THIS RESPONSE IN ORDER TO RECEIVE
YOUR MT103 CASH FUNDS TRANSFER BY KEY TESTED TELEX FOLLOWED BY YOUR COVER CONFIRMATION IN
KTT MT202 FORMAT FOR IMMEDIATE DEPOSIT TO OUR CLIENT'S ACCOUNT.
.
WE ARE ALSO READY TO RECEIVE YOUR TEST KEYS TO CONFIRM YOUR CASH FUNDS TRANSFER IN THE
AMOUNT OF [AMOUNT IN WORDS & AMOUNT IN FIGURES] THAT YOU WILL DELIVER TO OUR BANK FOR
CREDIT TO OUR CLIENTS ACCOUNT [ACCOUNT NAME: XXXXX, AND ACCOUNT NUMBER: XXXX].
.
FOR AND ON BEHALF OF [RECEIVING BANK NAME]
.
[Bank_Officer_1] ([Bank_Officer_1_PIN]) [Bank_Officer_2] ([Bank_Officer_2_PIN])
===========================MESSAGE TRAILER==========================
END TELEX MESSAGE

Creditnet Finance
APPENDIX C
KTT – AUTHENTICATION KEYS
===================Instance Type and
Transmission=================== Priority : HIGH
============================MESSAGE
HEADER========================== OUTPUT : MT 999 KEYS

RECEIVER : [Receiver_Bank_Telex_No]
: BANK NAME
: BANK ADDRESS 1
: BANK ADDRESS 2

BANK TELEPHONE : 000 000 0000 0000

=============================MESSAGE
TEXT=========================== 27: SEQUENCE OF TOTAL : 1/1
30: DATE : [DATE]
21: IN CONSIDERATION OF THE CASH ASSETS WE HAVE SUPPORTING OUR
BANKING OPERATIONS TO ESTABLISH DIRECT BANK TO BANK RELATIONS
WITH YOUR GOOD BANK, PLEASE ACCEPT THE FOLLOWING KEY CODES FOR
AUTHENTICATION OF EACH TELEX WE SEND YOU.
79: DETAILS/NARRATIVE
TEST KEY CODES TO AUTHENTICATE EACH TELEX

TABLE A: MONTH
TABLE B: DAY
TABLE C: CURRENCY
TABLE D: AMOUNT
TABLE E: VARIABLE 1. MESSAGE NUMBER
TABLE F: VARIABLE 2. MESSAGE NUMBER
TABLE G: FIXED NUMBER
TABLE H: FIXED PIN NUMBER FOR [BANK NAME]

XXXX XXXXXX, GENERAL MANAGER (XXXXX)
XXXXX XXXXX, SENIOR MANAGER (XXXXX)
===========================MESSAGE

Creditnet Finance
APPENDIX D
KTT– MT103
===================Instance Type and Transmission===================
Priority : HIGH
============================MESSAGE
HEADER========================== OUTPUT : FIN 103 SINGLE CUSTOMER
CREDIT TRANSFER
: [Receiver_Bank_Name]
: [Receiver_Bank_Address]
: EMAIL: XXXX(AT)XxxBANKxxxx.COM
MUR : [Bank Transaction
Reference] TEST KEY : MESSAGE 1
[TEST_KEY]
=============================MESSAGE TEXT===========================
20: Sender's reference
[Bank Transaction Reference]
23B: Bank Operation Code
CRED
32A: Val Dte/Curr/Interbnk Settld Amt
Date : DD MONTH YYYY
Currency : EUR (EURO)
Amount : =[amount in numbers]=
33B: Currency/Instructed Amount
50K: Ordering Customer-Name & Address
[Receiver_Account number] (EURO)
[Receiver_Name]
[Receiver_Address],
[Receiver_Address]
52A: Ordering Institution - FI BIC
(051) 410169 CNETBK G
COMMERCIAL DEVELOPMENT BANK
SECOND LEVEL, 2 ELKHORN AVE
SURFERS PARADISE, QLD 4217, AUSTRALIA
58A: Beneficiary Institution - FI BIC
[Receiver_Bank_Name]
[Receiver_Bank_Address]
59A: Beneficiary Customer-Name & Addr
/[Receiver_Account_Number]
[Receiver_Account_Name]
[Receiver_Address]
[Receiver_Address]

Creditnet Finance
Date: 16/08/2022
70: Remittance Information

EUR ACC
71A: Details of charges SHA
OPTION EXTRA NARRATIVE IF REQUIRED BY RECEIVING BANK
79: WE, COMMERCIAL DEVELOPMENT BANK, HEREBY PRESENT OUR

IRREVOCABLE, DIVISIBLE, TRANSFERABLE, AND CALLABLE CASH-BACKED
STANDING KEY TESTED TELEX (KTT) TRANSFER IN MT103 WIRE
TRANSFER FORMAT IN FAVOR OF THE ACCOUNT OF: [Receiver_Account_Name]
FOR ACCOUNT NUMBER: [Receiver_Account_Number]
IN THE AMOUNT EUROPEAN EURO [amount in words] [[amount in numbers]
THE FUNDS ARE FREE AND CLEAR OF ALL LIENS OR ENCUMBRANCES

AND WE GUARANTEE AND CONFIRM DELIVERY OF THESE FUNDS AS
GOOD, CLEAN, AND CLEARED FUNDS OF NONCRIMINAL ORIGIN FROM A
LEGAL SOURCE AS SAME DAY PAYMENT, THE DAY OF RECEIPT. WE
HEREBY ORDER THAT THE BENEFICIARY HAS AN UNRESTRICTED RIGHT
AND AUTHORITY TO UTILIZE, DRAW DOWN, PLEDGE, AND WITHDRAW
THE FUNDS AS HE DEEMS FIT.
WE HEREBY ADVISE THAT YOU IMMEDIATELY DEPOSIT AND RELEASE

THIS PAYMENT TO THE ACCOUNT OF [Receiver_Account_Name]
(CLIENTS ACOUNT) AND ADVISE THE BENEFICIARY OF THE SAME DAY
VALUE FUND TRANSFER.
WE CONFIRM THIS IRREVOCABLE KTT WIRE TRANSFER IN MT103

FORMAT IS A BINDING FULLY PERFORMED DUE BILL AND IS SUBJECT TO
THE UNIFORM COMMERCIAL CODE AS IT RELATES TO BANK CREDITS AND
EXTERNAL CREDIT TRANSFER REGULATIONS.
PLEASE CONFIRM DEPOSIT TO THE ADVISED ACCOUNT HOLDER WHEREBY

WE CONFIRM AND GUARANTEE THAT THE FUNDS WILL NOT BE CLAWED
BACK.

===========================MESSAGE

Creditnet Finance
Transaction Code:
Date: 16 /08/2022
APPENDIX E
RESPONSE TO KTT-MT103
===================INSTANCE TYPE AND
TRANSMISSION=================== PRIORITY : HIGH
MESSAGE OUTPUT REFERENCE: XXXX.xxxx.XXXXX.XXX
=========================MESSAGE HEADER=============================
OUTPUT : MT 199 FORMAT CONFIRMATION
SENDER : [Sender_Bank_Telex_No]
: BANK NAME
: BANK ADDRESS 1
: BANK ADDRESS 2

BANK TELEPHONE : 000 000 0000 0000
ACCOUNT NAME : BANK BENEFICIARY ACC NAME

ACCOUNT NUMBER : BANK BENEFICIARY ACC NUMBER
00000
RECEIVER : (57) 410118 CDB FI

ACCOUNT DETAILS:
ACCOUNT NAME : SENDING BANK APPLICANT ACC NAME
ACCOUNT NUMBER : SENDING BANK APPLICANT ACC NUMBER
00000

=============================MESSAGE
TEXT========================= 27: SEQUENCE OF TOTAL : 1/1
30: DATE : [DATE]
79: NARRATIVE:
DEAR BANKING COLLEAGUE,
WE, [RECEIVING BANK NAME] HEREWITH ACKNOWLEDGE RECEIPT OF YOUR KTT MT103 CASH FUNDS
TRANSFER AND REQUEST YOUR CONFIRMATION OF COVER BY KTT MT 202 FORMAT IN THE AMOUNT OF
[AMOUNT IN WORDS … AND AMOUNT IN FIGURES] FOR IMMEDIATE DEPOSIT TO OUR CLIENT'S ACCOUNT
[ACCOUNT NAME: XXXXXXXX, AND ACCOUNT NUMBER: XXXXXXXXX].
.
FOR AND ON BEHALF OF [RECEIVING BANK NAME]
.
===========================MESSAGE

Creditnet Finance
Date: 16/08/2022
APPENDIX F
KTT– MT202
===================Instance Type and Transmission===================
Priority : HIGH
============================MESSAGE
HEADER========================== OUTPUT : MT 202COV

: [Receiver_Bank_Name]
: EMAIL: XXXX(AT)XxxBANKxxxx.COM
MUR : [Bank Transaction
Reference] TEST KEY : MESSAGE 1
[TEST_KEY]
=============================MESSAGE TEXT===========================
20: Senders reference
[Bank Transaction Reference]
21: Related reference
[Related MT103 Transaction Reference]
23B: Bank Operation Code
CRED
32A: Val Dte/Curr/Interbnk Settld Amt
Date : DD MONTH YYYY
52A: Ordering Institution - FI BIC
(051) 410169 CNETBK G
COMMERCIAL DEVELOPMENT BANK
SECOND LEVEL, 2 ELKHORN AVE
SURFERS PARADISE, QLD 4217, AUSTRALIA
50K: Ordering Customer-Name & Address
[Receiver_Account number] (EURO)
[Receiver_Name]
[Receiver_Address],
[Receiver_Address]
58A: Beneficiary Institution - FI BIC
[Receiver_Bank_Name]
59A: Beneficiary Customer-Name & Addr
/[Receiver_Account_Number]
[Receiver_Account_Name]
[Receiver_Address]

Creditnet Finance
Date: 16/08/2022
[Receiver_Address]
===========================MESSAGE
BY AFFIRMING THEIR SIGNATURE ON THIS PAGE BOTH PARTY-A AND PARTY-B WILL DEEM THIS AGREEMENT AND ALL
APPENDICES AS LEGALLY BINDING AND ENFORCEABLE.
AGREED & ACCEPTED FOR AND ON BEHALF OF SENDER AGREED & ACCEPTED FOR AND ON BEHALF OF RECEIVER
COMPANY NAME CREDITNET FINANCE COMPANY NAME
PRESENTED BY MR MR. Robert Bruce Gray PRESENTED BY MR
PASSPORT NO. 537236145 PASSPORT NO.
ISSUE DATE 26.10.2016 ISSUE DATE
EXPIRY DATE 26.07.2027 EXPIRY DATE
COUNTRY OF ISSUE UNITED KINGDOM COUNTRY OF ISSUE
DATE 18 JUNE 2022 DATE 16 AUGUST 2022
EDT (Electronic document transmissions)

EDT’s shall be deemed valid and enforceable in respect of any provisions of this Contract. As applicable, this agreement shall:
Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and National Commerce Act’’ or such other applicable law conforming to the UNCITRAL
Model Law on Electronic Signatures (2001) and ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United Nations
Centre for Trade Facilitation and Electronic Business (UN/CEFACT).
EDT documents shall be subject to European Community Directive No. 95/46/EEC, as applicable. Either Party may request hard copy of any document that has
been previously transmitted by electronic means provided however, that any such request shall in no manner delay the parties from performing their respective
obligations and duties under EDT instruments.
«END OF DOCUMENT»

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Creditnet Finance

Agreement No: JOB-5/KTT/CF-190640-MAB

PROJECT INVESTMENT AGREEMENTS

BETWEEN PARTY- A – SENDER (INVESTOR):

INCORPORATE REG. NO. ST.52-5542942

REPRESENTED BY Robert Bruce Gray

CORPORATE TITLE Chairman of the Board and CFO

PASSPORT NUMBER 537236145

DATE AND PLACE OF ISSUE 26 OCT 2016 – HPO London UK

DATE OF EXPIRY 26 JUL 2027

BANK INSTITUTION COMMERCIAL DEVELOPMENT BANK

BANK ADDRESS Lev 2, No 2, Elkhorn Avenue, SURFERS PARADISE, 4217 QLD,

BANK TELEX CODE (57) 410118 (CDB FI)

TRANSACTION CODE: CF-XXX/190640/€5B/DOA-KTT/20220420

SECURITY CODE: CDB-KTT-190640/CF-XXX/20220420

CURRENCY: EURO (€)

AMOUNT: EURO FIVE BILLION (EUR€5,000,000,000.00)

ACCOUNT NO.: 675-61-8180217-03 (EUR)

AGREEMENT AMOUNT EURO FIVE BILLION (EUR €5,000,000,000.00)

FIRST TRANCHE EURO FORTY-NINE MILLION NINE HUNDRED THOUSAND

COMPANY NAME SDI SARL ‘’SENEGALAISE D’INFORMATIQUE’’

COMPANY ADDRESS YEUMBEUL NORD DAKAR – SENEGAL

COMPANY REG.NUMBER: RCCM /SNDKR B8910 - NINEA 26099172R

REPRESENTED BY Mr SEYDI DJIBA SOW / CEO

PASSPORT NUMBER: A 02731511

DATE OF ISSUE: 01 /02/ 2021

DATE OF EXPIRY: 31 /01/ 2026

ISSUED PLACE: DAKAR

BANK NAME: BNDE (BANQUE NATIONALE POUR LE DEVELOPPEMENT ECONOMIQUE

ACCOUNT NUMBER SN 08 SN 169 010010356100 187

ACCOUNT NAME SDI SENEGALAISE D’INFORMATIQUE

IBAN: SN169 0100 100103561001 87

BANK TELEX CODE mouhamadou.diagne@bnde.sn

INVESTOR-SENDER INITIALS: Page 2 of 26 SERVICE RECEIVER:

SWIFT CODE BNDXSNDA

BANK TELEPHONE +221 33 829 20 50

BANK FAX +221 33 829 20 51

REPRESENTED BY SEYDI DJIBA SOW

BENEFICIARY ADDRESS YEUMBEUL SANTHIABA

Hereinafter PARTY A and PARTY B jointly referred to as the ‘PARTIES’

ARTICLE I. SUBJECT AND PURPOSE OF AGREEMENT

ARTICLE 2. CAPITAL CONTRIBUTION.

INVESTOR-SENDER INITIALS: Page 3 of 26 SERVICE RECEIVER:

ARTICLE 3. RIGHTS AND OBLIGATIONS OF THE PARTIES.

INVESTOR irrevocably undertakes to:

INVESTOR-SENDER INITIALS: Page 4 of 26 SERVICE RECEIVER:

ARTICLE 4. SERVICE PROVIDER irrevocably undertakes to:

2. Receive and accept INVESTMENT sent by the INVESTOR.

3. Utilize INVESTMENT funds according to the conditions of granting of the INVESTMENT.

5. The SERVICE PROVIDER shall be entitled to pay for the services.

ARTICLE 5. RESPONSIBILITY OF PARTIES.

INVESTOR-SENDER INITIALS: Page 5 of 26 SERVICE RECEIVER:

INVESTOR-SENDER INITIALS: Page 6 of 26 SERVICE RECEIVER:

ARTICLE 8. REPRESENTATIONS AND WARRANTIES

INVESTOR-SENDER INITIALS: Page 7 of 26 SERVICE RECEIVER:

ARTICLE 10. MISCELLANEOUS

INVESTOR-SENDER INITIALS: Page 8 of 26 SERVICE RECEIVER:

ARTICLE 11. PAYMENT FUNDS

TRANSFER AMOUNTS TO BE SENT BY KEY TESTED TELEX (KTT)

3 TOTAL PAYMENT EURO FIVE BILLION (EUR €5,000,000,000.00)

INVESTOR-SENDER INITIALS: Page 9 of 26 SERVICE RECEIVER:

17 RECEIVER INCLUDING 45% (FORTY FIVE PERCENT) 45+5

NOTE: ACCOUNTS FOR DISTRIBUTION WILL BE SUBJECT TO SEPARATE PGL.