AfDB pledges US $1.4 billion in funding for Senegal for 2016-2020, including US $48.4 million in budget support for 2016

The Board of Directors of the AfDB has approved Senegal’s Country Strategy Paper for 2016-2020. The new strategy focuses on support to agricultural transformation, and strengthening of energy and transport infrastructure to increase production and improve competitiveness. As part of a US $1.4-billion pledge, the Bank’s Board approved US $48.4 million for 2016 to support the country’s Emerging Senegal Plan (Plan Sénégal Emergent) and boost local development.  

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