World Bank grants $125mln to improve governance in Senegal
Monday, 09 March 2020 15:58
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
Live News
-
Togo Targets $44.5M in Second WAEMU Debt Sale of 2026
20:13
-
Togo Plans CFA25bn Bond and Bill Sale as Part of CFA463bn 2026 Funding Plan
20:04
-
Malian Malaria Scientist Abdoulaye Djimdé Joins U.N. Secretary-General’s Science Advisory Board
19:11
-
Cameroon Plans Additional Eurobond Placement After $750M Issue Draws Nearly $1B in Subscriptions
18:32
-
Air Safety Improves in Sub-Saharan Africa, but Accident Rate Still Highest Worldwide
18:22
-
Canyon Resources Shareholders Block Afriland Stake in Minim Martap Bauxite Project
17:19
-
Togo’s Microfinance Sector Reaches 4.7 Million Beneficiaries Amid Regulatory Reform
14:44
-
Nigeria: Lagos to host IoT, AI and cloud industry event in April
14:40
-
Adlore pilots Jollof Boss WhatsApp platform for small businesses in Nigeria
14:35
-
South African AI Startup Yazi Hits $1.6 Million Valuation in First Institutional Round
14:28
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Malian malaria researcher Abdoulaye Djimdé has been appointed to the U.N. Secretary-General’s Scientific Advisory Board. The body provides independent...
Sub-Saharan Africa recorded 7 aviation accidents in 2025, or 7.86 per million flights, down from 12.13 in 2024. Runway excursions and poorly classified...
DR Congo insurance regulator, SEGUCE sign deal to enforce import coverage Agreement integrates insurance certificates into digital trade documentation...
Ghana’s Tema Oil Refinery cannot process crude from the Jubilee oil field due to technical limits. The country exports part of its crude to foreign...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...