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
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project Deal targets Mediterranean real estate and tourism...
GTCO wins CBN and SEC approval for 10 billion naira private placement Fundraise aims to meet holding company prudential capital...
Togo parliament approves 2026 budget at 2,751.5 billion CFA francs Budget rises 12.93% from revised 2025 spending levels Measures include...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect borrower data, expand regional credit information...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
03

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
04

NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...

NALA Secures Triple Licensing in Uganda, Accelerating East African Fintech Expansion
05

The Gates Foundation and ADQ launched a four-year initiative to transform education in sub-Saharan...

Gates Foundation, ADQ Invest $40M in AI for African Education
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.