Public Management

Senegal: Macky Sall urges rural populations to let investors valorize their agricultural lands

Thursday, 09 March 2017 19:22

On a tour in the North of Senegal since March 5th, President Macky Sall advised rural land owners of the region to let investors valorize their properties. The leader was in this case addressing the people of Mbane, in the department of Dagana, where he commissioned cold storages at the Senegindia farm.

Well aware of the uneasiness that foreign investment in the African agricultural sector cause over the continent, M. Sall still believes the risk it poses is worth taking.

A view that he firmly believes in given that he intends to impose the acceptation of foreign investment by locals as a pre-requisite for awarding or leasing them lands.

“We must facilitate the implementation of agricultural development programmes. It is no use leaving lands unused while they could be valorized by willing investors. You will not be forced to anything, not under my rule at least. However, do not hinder development. This is the time for emergence,” said the president.

Souha Touré

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Fund backed by World Bank aims to ease SME access to bank credit Only 22% of SMEs secure loans; banking access remains limited at 7% The Central...
Angola, Gemcorp launch $500M Africa infrastructure fund based in Abu Dhabi Fund targets energy, minerals, food, water; FSDEA, Gemcorp...
FCFA appreciated against the dollar, yuan, pound, and euro Price competitiveness fell as the real effective exchange rate rose 1.2 % Inflation...
The Central Bank of Nigeria issued 82 final currency exchanges offices licences after revoking more than 4,000 non-compliant ones in 2024. The...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
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.