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Senegal Cancels $750M Contract with Saudi Firm

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Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Project seen as one of the most ambitious in Sub-Saharan Africa
  • New authorities expected to review more multinational deals

 

Senegalese authorities have announced plans to scrap a water desalination contract signed with the Saudi Arabian company Acwa Power, citing “high and unsustainable cost.”

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