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    Nigeria champions African-Arab Trade to boost agribusiness, industrial growth

    Nigeria champions African-Arab Trade to boost agribusiness, industrial growth

    South Africa, Mozambique sign energy cooperation deal

    South Africa, Mozambique sign energy cooperation deal

    Ghana sanitation minister resigns over alleged stashed cash

    Ghana’s inflation slows for 11th straight month in November

    Security chief detained in South Sudan

    Security chief detained in South Sudan

    Nigeria’s overnight lending rate falls 100 bps on excess liquidity, policy shift

    Nigeria tightens cash withdrawal limits to curb money-laundering risk

    Kenyan lawmakers identify ‘disturbing trend’ of misconduct by British troops

    Kenyan lawmakers identify ‘disturbing trend’ of misconduct by British troops

    Mali adopts new mining code to boost sector’s contribution to GDP

    Mali recovers $1.2 billion in arrears from miners, eyes annual windfall under new code

    Nigeria’s defence minister quits as government faces rising violence

    Nigeria’s defence minister quits as government faces rising violence

    Guinea-Bissau: Nigeria offers protection to opposition candidate Dias; Election commission says cannot conclude presidential election process

    Guinea-Bissau: Nigeria offers protection to opposition candidate Dias; Election commission says cannot conclude presidential election process

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    Global power shifts are playing out in the Red Sea region: why this is where the rules are changing

    Global power shifts are playing out in the Red Sea region: why this is where the rules are changing

    Understanding Trump’s Christian Genocide Claim and Military Threat: What It Means for Nigeria-U.S. Relations

    Understanding Trump’s Christian Genocide Claim and Military Threat: What It Means for Nigeria-U.S. Relations

    South Africa needs to rethink its community media policy – 4 ways to close the gaps

    South Africa needs to rethink its community media policy – 4 ways to close the gaps

    Cameroon’s Biya declared vote winner, opposition reports gunfire

    What do the recent 2025 elections in Cameroon and Ivory Coast reveal about their state of democracy?

    Ivory Coast president Ouattara’s party pushes him to run again

    Ivory Coast elections: Ouattara’s final rule or forever rule?

    Charting New Waters: Maritime Advancements and West Africa’s Development

    Charting New Waters: Maritime Advancements and West Africa’s Development

    The Critical Role of Gold in Tanzania’s Economic Growth

    The Critical Role of Gold in Tanzania’s Economic Growth

    Five Years After the Coup in Mali: Are Stability and Growth Within Reach?

    Five Years After the Coup in Mali: Are Stability and Growth Within Reach?

    Cameroon President Paul Biya marks 41 years in power

    Paul Biya at 92: will defections weaken his grip on absolute power in Cameroon?

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    One in three South Africans have never heard of AI: what this means for policy

    One in three South Africans have never heard of AI: what this means for policy

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Environmental Threats and Conservation Efforts in Namibia

    Environmental Threats and Conservation Efforts in Namibia

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    What determines a return to civilian rule after military coups in Africa?

    What determines a return to civilian rule after military coups in Africa?

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    Robert Mugabe (1924 – 2019): Revolutionary and former President of Zimbabwe

    Robert Mugabe (1924 – 2019): Revolutionary and former President of Zimbabwe

    Idi Amin Dada (1928 – 2003): Military officer and former President of Uganda

    Idi Amin Dada (1928 – 2003): Military officer and former President of Uganda

    Albert John Luthuli (1898–1967): South African politician and first African Nobel Laureate

    Albert John Luthuli (1898–1967): South African politician and first African Nobel Laureate

    Shaka Zulu (1787-1828), founder of the Zulu empire in Southern Africa

    Shaka Zulu (1787-1828), founder of the Zulu empire in Southern Africa

    Chimamanda Ngozi Adichie, Nigerian writer

    Chimamanda Ngozi Adichie, Nigerian writer

    Olaudah Equiano (1745-1797), writer and abolitionist

    Olaudah Equiano (1745-1797), writer and abolitionist

    Ex-Credit Suisse chief executive Tidjane Thiam eyeing Ivory Coast 2025 presidential contest

    Tidjane Thiam, Ivorian businessman and politician

    François (Ngarta) Tombalbaye (1918-1975): First President of Chad

    François (Ngarta) Tombalbaye (1918-1975): First President of Chad

    Apollo Milton Obote (1925-2005): Former President of Uganda

    Apollo Milton Obote (1925-2005): Former President of Uganda

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    Zong Massacre

    Zong Massacre

    Abomey, southern Benin

    Abomey, southern Benin

    Ifẹ̀, an ancient city in south-western Nigeria

    Ifẹ̀, an ancient city in south-western Nigeria

    Robben Island, South Africa

    Robben Island, South Africa

    Mount Kilimanjaro, Tanzania

    Mount Kilimanjaro, Tanzania

    Kumbi Saleh, the capital of the ancient Ghana Empire

    Kumbi Saleh, the capital of the ancient Ghana Empire

    Kano, an ancient city in northern Nigeria

    Kano, an ancient city in northern Nigeria

    Agadez, historic city in Niger

    Agadez, historic city in Niger

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Home News Economy

Senegal gets €55m from AfDB to boost agric production

December 8, 2024
International financial crime watchdog removes Senegal from ‘grey list,’ adds some others

Flag of Senegal up close.

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The second phase of the water valorization project for the development of value chains covers nine administrative regions: Louga, Thiès, Kaolack, Fatick, Kaffrine, Diourbel, Ziguinchor, Sédhiou and Kolda.

On December 2, 2024 in Abidjan, the Board of Directors of the African Development Bank Group approved a loan of €55.33 million to Senegal
for the second phase of the Water Reclamation for Value Chain Development project.

The objective, according to the statement by AfDB, is to achieve a sustainable increase in agricultural production, employment and income in the regions covered by the project, in particular through the mobilisation of surface and groundwater.

The satisfactory results of the first phase of the project, which were highly appreciated by the beneficiaries, have given rise to new challenges related to the consolidation of the project’s achievements and the provision of support to young and female entrepreneurs in the agriculture sector in order to maximise the value of their investments.

The need to offer similar opportunities and to extend them to other regions also justifies a second phase,’ Mohamed Chérif, head of the African Development Bank’s Senegal country office, was quoted as saying in the statement.

The project includes the development of 9,000 hectares of land, including 1,950 hectares of saline land, 450 hectares of collective market gardens, the rehabilitation and reinforcement of 15 existing irrigation areas, the installation of 10 solar-powered cattle watering points and 20km of drinking water networks around the cattle watering points.

The project also includes the construction of marketing infrastructure. This will include 130km of production roads, of which around a hundred will be rehabilitated, the construction of 20 warehouses with a capacity of 100 tonnes each, and four grouping centres with cold stores with a capacity of 300 to 500 tonnes each.

To promote employment and youth entrepreneurship, PROVALE CV-plans to create 1,250 farms covering a total area of 2,000 hectares and to build and equip 40 agricultural mechanisation centres, 50 multifunctional platforms and 50 solar-powered processing units.

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Nigeria champions African-Arab Trade to boost agribusiness, industrial growth

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The project will also support the creation of 180 livestock production units and 60 aquaculture farms.

The second phase of the Water valorisation for value chain development project covers nine administrative regions: Louga, Thiès, Kaolack, Fatick, Kaffrine, Diourbel, Ziguinchor, Sédhiou and Kolda.

The Louga region, which has similar agro-climatic and socio-economic vulnerabilities to the eight regions in the first phase, is the extension zone for this project, which will directly benefit almost 57,000 households, or around 570,000 people.

Source: APA News
Tags: African Development Bank (AfDB)DiourbelFatickKaffrineKaolackKoldaLougaSédhiouSenegalThièsZiguinchor

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