Search

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

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.

Recent Business

Market, food, inflation. Photo by Anne Preble @ Unsplash
Morocco inflation turns negative in December as food prices fall
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Flutterwave rolls out stablecoin balances across Africa
Read More »
Oil field. Photo by Redhawk Investment Group @ Pixabay
Nigeria’s Seplat hits first gas at ANOH plant, marking milestone for Africa’s gas ambitions
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »

Latest Posts

Latest news insights