News Agriculture

Senegal Secures Over $300mln to Strengthen Food Sovereignty

Senegal Secures Over $300mln to Strengthen Food Sovereignty
Thursday, 06 November 2025 10:27
  • Senegal raised CFA180.38 billion ($316.2 million) to fund its Food Sovereignty Support Project (PASS).
  • The initiative aims to strengthen local production, resilience, and climate sustainability.
  • Around 2.6 million people across 10 regions are expected to benefit.

Senegal raised CFA180.38 billion ($316.2 million) to support the Food Sovereignty Support Project (PASS), Minister of Agriculture and Food Sovereignty Mabouba Diagne announced on November 5. The financing comes from a joint effort between the government and several international partners, including IFAD, the OPEC Fund, and the Italian Climate Fund.

According to the minister, the project’s goal is to strengthen the country’s food sovereignty and resilience to shocks by improving production, productivity, sustainability, and climate resilience in key value chains. Although technical details have not yet been disclosed, the initiative is expected to reach 220,000 farming households, representing about 2.6 million direct and indirect beneficiaries across 10 regions.

“Senegal is demonstrating its ability to mobilize large-scale resources for its food sovereignty,” Diagne said, as reported by the Senegalese Press Agency (APS). Strengthening agricultural production is seen as key to reducing the country’s reliance on food imports.

In its July report “The State of Commodity Dependence 2025,” the UN Conference on Trade and Development (UNCTAD) noted that Senegal imported an average of $1.88 billion worth of food products between 2021 and 2023.

On the same topic
Victory Farms plans a $5.7 million fish farm on Lake Victoria Project could add up to 30,000 tons of tilapia annually Aquaculture is...
Burkina Faso suspends fresh tomato exports to secure supply for domestic processing plants. Authorities halt export permits while granting a...
U.N. designates Oct. 1 as International Coffee Day by resolution Coffee industry worth $200 billion, supporting 25 million farmers globally Key...
Burkina Faso invested CFA1.5 billion ($2.6 million) in two fish-feed factories in Bobo-Dioulasso and Bagré. Each plant holds production capacity...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.