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
Cameroon to raise 585 billion CFA on international markets Follows $750 million bond under 1,000 billion CFA target Funds to clear arrears,...
Breadfast secures $50 million in pre-Series C funding. Mubadala, SBI and EBRD among investors; EBRD invests up to $10 million. Company...
Kenya launches $500 million Eurobond buyback maturing in 2028 and 2032. Operation financed through issuance of a new longer-dated...
A.P. Moller Capital raised 2.24 billion dirhams ($243 million) for APM Capital Morocco Fund, dedicated to transport and logistics. The fund...
Most Read
01

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
02

Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...

Morocco: Safran Announces $305 Million Investment to Build One of the World's Largest Landing Gear Plants
03

Industrial, jewelry and silverware demand expected to decline in 2026. Physical investment ...

Silver Demand Set to Shrink in 2026, Investment Drives Sixth Deficit
04

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
05

Global South Utilities (GSU) has begun building a 5 MWp hybrid solar plant with 5 MWh battery st...

Chad: GSU Starts Construction of 5 MWp Hybrid Solar Plant in Amdjarass
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.