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Agriculture

Senegal: Government to pump CFA50 bln in 2018-19 agriculture campaign

Friday, 11 May 2018 18:52

(Ecofin Agency) - Senegalese government will invest CFA50 billion in the 2018-19 agricultural season, up CFA10 billion from the amount previously announced. This was revealed by president Macky Sall at the end of the ministers’ council last May 9.

The higher support should help keep the sector dynamic and strengthen its contribution to the economy. In regards to last season’s balance sheet, many crops achieved record production level. While rice peaked at 1.1 million tons, groundnut recorded 1.4 million tons and fruit-vegetables’ yield reached 106, 000 tons.

Let’s recall that agriculture employs 60% of Senegal's active population.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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