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.”

You need an active subscription to continue reading this article.

Recent Business

hassan-kibwana-mvQpDUj06T8-unsplash
Kenya's business activity contracts sharply amid protests, weak demand
Read More »
Breaking News
Ethiopia set to begin historic domestic gas production
Read More »
muhammad-taha-ibrahim-K32RRhbupME-unsplash
IMF warns Nigeria recovery fragile despite reform gains
Read More »

Recent Politics

james-wiseman-IebZAH6kaNw-unsplash
Trump pushes trade-first Africa strategy to counter rivals
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »

Latest Posts

Latest news insights