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.
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Asian and European hubs dominate the 2026 Skytrax ranking, with Singapore Changi leading globally. Only two African airports—Cape Town (74th) and...
Gold Fields will transfer the Damang mine to the Ghanaian state on April 18 after a one-year transition period. A feasibility study confirms the...
A Starlink apresentou um pedido de autorização em junho de 2024 para operar na Namíbia. A empresa continua sua expansão na África, onde já está presente...
Sonatrach to begin drilling at Kafra block in Niger Operations target oil potential across 23,737 sq km area Project revives 2018 discovery with...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...