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
The Abu Dhabi roundtable yielded $16.4 billion in investment commitments. The IsDB and World Bank pledged over $3.3 billion in...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, fintechs, and mobile money operators for instant...
Nigeria implemented the National Payment Stack (NPS), a new unified infrastructure, to enhance digital payment interoperability. The NPS offers...
Burkina Faso successfully raised $230.8 million (CFA131.355 billion) through a regional public bond offering. The issuance was oversubscribed at...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, p...

U.S. Stays Course on African Rare Earths, Despite China Deal
04

Ghana holds talks to address energy debt and tighten sector oversight New inspector, stricter...

Ghana Moves to Rein In $8.4 Billion Energy Debt with Stronger Regulation
05

COBAC raises bank capital requirement to 25 billion CFA francs from 10 billion Compliance dea...

CEMAC Regulator Quadruples Bank Capital Requirement, Matching Regional Trend
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.