Search

AFC Pledges €900 Million to Fast‑Track Senegal’s Vision 2050

Subscriber only Subscriber only
Allen dreyfus Logo
© Allen Dreyfus
  • Pan‑African lender to finance agriculture, energy and transport projects
  • Timely cash injection could ease debt pressures and lure fresh investors

Dakar, Senegal – Africa Finance Corporation has pledged €900 million to accelerate Senegal’s Vision 2050 agenda, underscoring investor faith in the country barely a month after Bassirou Diomaye Faye became president. AFC President and Chief Executive Officer Samaila Zubairu outlined the commitment during a 14 April meeting at the presidential palace in Dakar.

You need an active subscription to continue reading this article.

Recent Business

Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG
Ghana cuts rates to 21.5% as inflation slows to four-year low
Read More »
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
South Africa’s mining rebounds 4.4% in July on iron ore, PGMs
Read More »
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Ethiopia secures AfDB grant to boost capital market reforms
Read More »

Recent Politics

Steel factory. Photo by Peter Herrmann @ Unsplash
Nigeria’s steel dreams still idle after billions spent
Read More »
Youths in Nigeria protest against brutalities Photo by Ayoola Salako @ Unsplash
Nigeria inflation slows to 20.12% in August, fuelling rate cut hopes
Read More »
Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »

Latest Posts

Latest news insights