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Senegal to Renegotiate Canceled $750M Deal with Saudi Power Giant

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  • Senegal reopens talks with Saudi Arabia’s Acwa Power on a $750 million water desalination project
  • Government reviews contracts as hidden debt and budget deficit prompt economic recalibration

Dakar, Senegal – Senegal has resumed discussions on its $750 million water desalination contract with Saudi Arabia’s Acwa Power, a deal canceled in July over concerns of “high and unsustainable cost.” President Bassirou Diomaye Faye, during a recent visit to Saudi Arabia, confirmed that the project is back on the table, with Saudi authorities even proposing improved terms.

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