Senegal has great ambitions for its railway sector. During the technical validation workshop of the 2035 railway policy held last week in Dakar, Mayacine Camara, the Secretary of State for the Railway Network, said the government has plans to invest CFA50 billion a year in the sector.
“We have a three-pronged strategic vision that should lead to 13 structuring projects aiming at linking the entire national territory with more than 2,070 km of new lines, for an annual commitment of 50 billion CFA francs (€76 million). This makes 0.9% of our annual GDP,” he said. The three-pronged approach includes strengthening of the interconnectivity of economic activities, supporting social and territorial inclusion policy and promoting regional integration. According to Mayacine Camara, this will make it possible to serve 75% of the Senegalese population by 2035, generating 180,000 jobs during the works.
Still, by 2035, the government expects the network to transport 2.5 million passengers and 24.2 million tons of freight, for a revenue of CFA200 billion a year (€305 million). According to the official, a modernized railway sector will help reduce CO2 emission by 12 million tons.
“The plan is to build by 2035, an environment-friendly and safe railway system that respects social and territorial equity while offering an efficient transport service,” he said, reassuring that this policy will be a growth factor, conducive to improving overall competitiveness and interconnectivity of economic activities.
Romuald Ngueyap
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
The government plans a new restructuring and relaunch of Congo Airways after persistent operational failures. Authorities flag legal, financial,...
PIDG invests €4.3 million in Afreenergy Solar to expand commercial and industrial solar solutions in Senegal. The project targets 30 MW of...
by Sophie Kafuti, General Manager for Visa in the DRC For years, efforts to modernize payments in the Democratic Republic of the Congo have focused...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lilly in growing obesity drug market High obesity...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...