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

Kenya president William Ruto and Ghanaian leader John Mahama at the summit. Photo @John Mahama/Facebook
Why Africa pays more to borrow despite lower infrastructure default rates
Read More »
Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Tanzania’s inflation shock tests East Africa’s last bastion of monetary stability
Read More »
An electric car battery made from lithium inside a vehicle's engine compartment. Photo by Ayyeee Ayyeee @ Pexels
China’s Huayou secures Ghana’s Ewoyaa Lithium, expands grip on Africa’s battery metals
Read More »

Recent Politics

French President Emmanuel Macron and Prime Minister Abiy Ahmed in Ethiopia. Photo @ Abiy Ahmed/X
Macron’s Ethiopia pivot deepens Horn tensions as Addis pushes controversial Red Sea ambitions
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »

Latest Posts

Latest news insights