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    • The African Development Bank’s action will contribute to increasing the State’s public resources to improve people’s living conditions
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Source: African Development Bank Group (AfDB) |

Senegal: African Development Bank loans over EUR 74 million to strengthen internal resource mobilization and support industrial activities

The objective is to allow the government to have more resources to finance the structuring projects and programmes of the Senegal Emerging Plan and improve people’s living conditions

The Board of Directors of the African Development Bank Group (www.AfDB.org) granted a loan of EUR 74.5 million to Senegal in Abidjan on 1 December 2023 to support the implementation of the first phase of the Resource Mobilization and Industrial Development Support Programme (PAMRDI-I). The programme has a number of…

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    • AfDB Acting Director for Development Impact and Results, Armand Nzeyimana ( 2nd from left) shares insights during panel session at the 2023 African Delivery Units Forum, Dakar, Senegal
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Source: African Development Bank Group (AfDB) |

African Development Bank strengthens partnership with the African Network of Delivery Units

The event brought together representatives of government Delivery Units from 14 African countries, as well as key development partners, including UNDP, UMOA, the World Bank, AFD and Enabel

The African Development Bank’s (www.AfDB.org) participation in the 2023 Dakar Forum of The African Delivery Units Network, provided a unique platform to share success stories and strategies, and culminated in the signing of a Memorandum of Understanding (MOU), expected to strengthen the network of Africa’s delivery units. The two-day meeting,…

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    • Planned for construction and implementation over 5 years, Senegal's Agropole Nord will help to sustainably increase household incomes and food security
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Source: African Development Bank Group (AfDB) |

Senegal: African Development Bank agrees loan of nearly €87 million for Agropole Nord

The Bank's contribution accounts for 30.7% of the estimated €283.05 million total project cost

Meeting in Abidjan on Wednesday 22 November 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a €86.89 million loan to Senegal to develop an agribusiness processing zone in the north of the country. The Bank's contribution accounts for 30.7% of the estimated €283.05 million total project…

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    • Contanna's digital marketing strategy included producing a promotional video for its product line
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    • AgriPitch Competition winner Adja Sembene Fall, earned $25,000 in seed money for her Contanna Tea Company (1)
    • AgriPitch Competition winner Adja Sembene Fall, earned $25,000 in seed money for her Contanna Tea Company (2)
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Source: African Development Bank Group (AfDB) |

Adja Sembene Fall, Senegalese “Agripreneur” and African Development Bank AgriPitch Competition winner says digital marketing key to luxury tea startup success

The 2022 AgriPitch competition, which started last October, received nearly 750 complete entries from entrepreneurs in the agriculture sector – or “agripreneurs” – from 38 African countries

Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its name. “Due to [lack of] finance, it was not possible to get a physical shop. We started out in the backyard…

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    • Thousands of young people and women in Senegal have been trained in specific trades thanks to the African Development Bank’s Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People
    • These young people in Senegal have turned their back on illegal immigration thanks to the support provided by the PAVIE project
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Source: African Development Bank Group (AfDB) |

African Development Bank embraces ‘risky’ entrepreneurs: Young fishers in Senegal increase their incomes threefold and turn their backs on illegal immigration

The Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People focuses on training, support for formalising businesses, funding and post-funding follow-up with the beneficiaries to ensure that interventions are sustainable

Launched in 2020, the Project to Support and Enhance the Entrepreneurial Initiatives of Women and Young People (PAVIE) (https://apo-opa.info/44tUHxa) implemented in Senegal, is producing significant socioeconomic transformations that are benefiting young people and women. The project has been extended by a year to complete its implementation under optimal conditions, according to…

Source: African Development Bank Group (AfDB) |

Gender in Focus: African Development Bank’s Digital Ambassadors Program training boosts Senegalese entrepreneur business performance, service to community

The program, which aims to achieve a 50/50 gender balance, is expanding digital skills to African youth - especially in rural communities - through a peer-to-peer training model

Senegalese entrepreneur Fatou Diouf is one of 1,000 youth selected from 21,000 applicants for the African Development Bank’s (www.AfDB.org) Digital Ambassadors program (https://apo-opa.info/3G3kuTu). The program, which aims to achieve a 50/50 gender balance, is expanding digital skills to African youth - especially in rural communities - through a peer-to-peer training model. For…

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    • Super ESCOs are vehicles for channelling funds into public sector energy efficiency investments
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Source: African Development Bank Group (AfDB) |

African Development Bank’s Sustainable Energy Fund for Africa (SEFA) approves $5 million in grants to set up super energy service companies in three countries

The grant will support the training of a team to operate Super ESCOs and support private ESCOs in the three countries to develop their Energy Performance Contract services

The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank (http://www.AfDB.org) has approved a technical assistance grant of $5.03 million to implement the Africa Super Energy Service Companies (ESCO) acceleration program in Rwanda, Senegal and South Africa. SEFA is a bank-managed multi-donor special fund that works to unlock private…

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    • AgriPitch Competition winner Adja Sembene Fall, earned $25,000 in seed money for her Contanna Tea Company
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Source: African Development Bank Group (AfDB) |

Gender in Focus: Senegalese “Agripreneur” and African Development Bank AgriPitch Competition winner says digital marketing key to luxury tea startup success

The competition, which this year awarded $140,000 in prizes, is a key activity of the Bank’s ENABLE Youth Program

Senegalese businesswoman Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company only had $200 to its name. “Due to [lack of] finance, it was not possible to get a physical shop. We started out in the backyard…

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    • Egypt Prime Minister Mostafa Madbouly; Rwandan President Paul Kagame; President Macky Sall of Senegal; Moussa Faki Mahamat, Chairperson of the AU Commission; and Algerian Prime Minister Aїmene Benadderrahmane during the 2nd Dakar Summit for infrastructure Financing
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Source: African Development Bank Group (AfDB) |

Dakar Financing Summit 2: African leaders commend progress on infrastructure development but call for more robust preparation of projects

“The continent’s progress on infrastructure is real but the challenges are also real” - President Macky Sall

African leaders urged development finance institutions and international partners to increase support and funding for infrastructure project preparation initiatives, including providing more grant resources to the NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF) hosted by the African Development Bank (www.AfDB.org). In a communiqué released after the close of the Second Infrastructure Financing…

Source: African Development Bank Group (AfDB) |

Second International Summit on Food Production in Africa to Open in Dakar

Heads of state and government to chair sessions on developing country food and agriculture delivery compacts, spur commitment to political action toward eliminating hunger, malnutrition and extreme poverty in Africa

African heads of state and government together with development partners will gather in Senegal to strategically map plans to unlock Africa’s food-producing potential and position the continent to become a breadbasket to the world. President Macky Sall of Senegal, and Chairperson of the African Union, will host the three-day Dakar…