In February, Japan funded an artisanal fishing project in Casamance.
Japan agreed to grant Senegal $31 million in aid to boost development in the African country. The deal was signed between Senegal’s Minister of Economy, Planning, and Cooperation, Dr. Abdourahmane Sarr, and Japan's Ambassador to Senegal, Izawa Osamu.
This financial aid aims to bolster several critical sectors for Senegal's development. It is "intended for sectors such as health, agriculture, and security, as well as for better human capital management," the ministry wrote on X on July 19.
The funding will help improve infrastructure and strengthen the healthcare system's capacity. Additionally, it will boost the productivity and sustainability of the agricultural sector.
This is the first grant between Japan and Senegal under President Diomaye Faye’s administration. It comes as Senegal's economic outlook has significantly improved. According to the IMF, economic growth is projected at 7.1% in 2024 and 10.1% in 2025, with inflation expected to decrease and stay within the BCEAO’s target range by the end of 2025. In 2023, growth was over 4.6%.
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...
Madagascar is going through one of the most turbulent periods in its recent political history. After...
The program will empower 7,500 African SMEs with AI and digital trade skills to boost cross-border business growth. It aligns with AfCFTA goals to...
TCS, Sybyl, and iXAfrica signed an MoU to establish sovereign cloud infrastructure in Kenya and East Africa. TCS provides AI-powered cloud...
MTN Group reached 301.3 million customers across 16 markets, highlighting its expansive footprint in Africa. Fintech transaction value surged 38.0% to...
AfDB’s USD 239 million commitment secures completion of the Northern Corridor, removing the Kampala bottleneck and guaranteeing regional...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...
The Okapi Wildlife Reserve, located deep within the Ituri Forest in the northeastern Democratic Republic of Congo, stands as one of the Congo Basin’s most...