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Senegal Cancels $750M Contract with Saudi Firm

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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