DAKAR, Aug. 6– The World Bank Group has announced 340 billion CFA francs (about 599 million U.S. dollars) in new financing for Senegal, the Senegalese presidency said Wednesday.
The funding will support agriculture, transport and programs aimed at strengthening the resilience of young people and women, it said.
The announcement followed talks between Senegalese President Bassirou Diomaye Faye and World Bank Regional Vice President for Western and Central Africa Ousmane Diagana, during which the two sides discussed a partnership framework to guide their cooperation over the next 10 years.
The World Bank Group also confirmed direct budget support for Senegal and an expansion of results-based financing, according to the presidency. (Naamibia Daily News / Xinhua)
