The World Bank (WB) announced the development of a new Country Partnership Framework (CPF) for the period 2025-2030, with Senegal, thus strengthening a partnership dating back more than 60 years, indicated the financial institution development
This framework promises new opportunities for the sustainable and inclusive development of the West African country, underlined the WB in a press release published during a recent mission.
Support for sectors essential to development
The World Bank says it has assured the authorities of its support for their initiatives in the areas of agriculture, energy, the digital economy, education and health.
This mission was led by Ousmane Diagana, Vice President for West and Central Africa of the World Bank, and Sergio Pimenta, Vice President Africa of the International Finance Corporation (IFC), the branch responsible for the sector private within this multilateral institution.
”The World Bank Group reaffirmed its commitment to supporting the government’s priorities, particularly in the sectors of governance, agriculture, energy, digital economy, education and health”, underlines the same source.
”the mission informed the government of the ongoing preparation of the new country partnership framework”, which will concern Senegal during the period 2025-2030. This is a ”new stage of the partnership of more than sixty years”, which links Senegal to the World Bank, adds the same source, noting that this partnership framework ”opens the way to promising opportunities for sustainable and inclusive development.”
In Dakar, the World Bank mission had discussions with the Senegalese President, Bassirou Diomaye Faye, and the Prime Minister, Ousmane Sonko. Consultations with stakeholders included an in-depth analysis meeting dedicated to the creation of a financing platform for the first phase of the water highways.
The delegation also visited the south of the country, where it inaugurated a solar pump water supply system.
“Water is the sap that nourishes growth; By ensuring universal access, we are cultivating a thriving and sustainable future for Senegal. We could thus improve agricultural productivity, promote industrialization and strengthen resilience to climate change,” declared Ousmane Diagana, quoted in the press release.
The members of the mission also discussed with the Senegalese authorities the Integrated Water and Sanitation Safety Program (PISEA).
PISEA extends over a ten-year period in several phases, with initial funding of $200 million (around 120 billion FCFA) approved this year.
By Micah DarePermanent Correspondent
