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World Bank grants $125mln to improve governance in Senegal

Monday, 09 March 2020 15:58
World Bank grants $125mln to improve governance in Senegal

(Ecofin Agency) - Senegal will benefit from $125 million from the World Bank to improve governance, a statement from the institution announced last week.

The money will be used to finance the Project for the Promotion of Integrated Management and Economics of Solid Waste in Senegal (PROMOGED). Valued at $295 million, the program aims at improving local governance and strengthening household waste management systems and services in the city of Dakar and other municipalities around the country.

More than six million Senegalese are expected to benefit from this project which will also provide training for 5,000 people in the sectors concerned. “All municipalities will be able to benefit from stricter regulations and more efficient procedures for mobilizing resources and forging partnerships with private companies,” said Farouk Mollah Banna, Project Team Leader at the World Bank.

The new financing is part of the new country partnership between the World Bank and Senegal for the fiscal years 2020 to 2024.

Moutiou Adjibi Nourou

 
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