President Macky Sall Commends the AfDB for its Commitment to Senegal

Connect with us:

Macky Sall and João Lourenço partnership

H.E. Macky Sall, President of the Republic of Senegal

H.E. Macky Sall, President of the Republic of Senegal, has commended the African Development Bank (AfDB) for its work in Senegal, emphasising the role that the bank has played in expanding Senegal’s economy. Following a meeting between the President and AfDB Head Dr Akinwumi Adesina, the President applauded the impact of the bank’s funded projects.

With Senegal actively pursuing economic growth through the acceleration of energy sector developments, the bank has played a valuable role in expanding various sectors in the economy. Speaking to Adesina in the meeting, H.E. Macky Sall stated that “African Development Bank-funded projects are in line with our own development strategy. Your Bank understands the needs of Senegal.” 

Since entering the country in 1972, the AfDB has delivered 116 projects totalling $3.47 billion. These projects have been instrumental in driving socio-economic growth.

“I congratulate you, Mr. President, for the impressive achievements that Senegal has made under your leadership. You have delivered major projects in various sectors such as agriculture, social, energy and transport with flagship projects such as the modern Blaise Diagne International Airport, the Toll Road and now the Regional Express Train,” stated Adesina.

Meanwhile, the President and Adesina discussed the establishment of a pan-African youth entrepreneurs’ forum. Focused on addressing the financial needs of the youth population in Africa, while exploring the idea of a youth investment bank, the forum will be key in enhancing capacity building and job creation.

Adesina explained that “The structure of the current financial system does not allow young entrepreneurs to easily obtain credit that is necessary to start up and grow their businesses. This is why I am proposing that we hold an investment forum for young Africans, here in Dakar, to discuss a mechanism to finance their businesses.”

MSGBC Oil, Gas & POWER 2022

Under the patronage of H.E. Macky Sall, President of the Republic of Senegal, MSGBC Oil, Gas & Power will once again take place on 1-2 September 2022 in Dakar, Senegal, with the event serving as a catalyst for investment and multi-sector development in 2022. To find out more visit msgbcoilgasandpower.com or contact sales@18.198.47.39.

Other Reads

Other Reads

Charné Hollands

Charné Hollands

Charné Hollands is the Deputy Editor at Energy Capital & Power. She holds a Higher Certificate in Professional Photography and Masters in Media Studies from the University of Cape Town. Charné writes content for ECP's website and events as well as co-authored African Energy Chamber: Road to Recovery.

More from the Author

Sign up for latest news and event info

Copyright © 2022 Energy Capital & Power. Privacy Policy · Terms of Use