Search

Senegal Cancels $750M Contract with Saudi Firm

Allen dreyfus Logo
© Allen Dreyfus
  • 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.”

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Makkala nguzu Market, Choma, Zambia. Photo by Seiko Yamada @ Unsplash
Can Zambia’s $1.3bn Eurobond buyback rewrite Africa’s debt narrative?
Read More »
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
Ghana’s borrowing test deepens as investors demand higher returns
Read More »
Sammy Gyamfi, CEO of Ghana Gold Board. Photo credit: Ghana Gold Board
Sammy Gyamfi: the young CEO behind Ghana’s new gold revolution
Read More »

Recent Politics

Ambassador Berhanu Tsegaye, State Minister at the Ministry of Foreign Affairs of the Federal Democratic Republic of Ethiopia.
Opinion: Growth, peace and elections power Ethiopia’s next chapter
Read More »
A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
Read More »

Latest Posts

Latest news insights