With the intention of financing its food security policy and building economic infrastructure in Diass (west), the Senegalese State signed two loan agreements for a total amount of 41 billion CFA francs with the West African Development Bank (BOAD).

Two financing agreements were signed by the President of BOAD, Serge Ekué, and the Senegalese Minister of Economy, Planning and Cooperation, Oulimata Sarr. According to Sarr, the loans granted by BOAD will allow Senegal to finance a program dedicated to “strengthening resilience to food and nutrition insecurity”, for an amount of 11 billion CFA francs. For her, 30 billion CFA francs from the Development Bank of the West African Economic and Monetary Union will be earmarked for road works and infrastructure construction in the Diass integrated special economic zone.

Similarly, the projects to be financed “will contribute to the objectives related to food sovereignty and the structural transformation of our economy.” Also, the loans granted by the BOAD will contribute to “the reduction of poverty and to [the] food and nutritional security of populations” believes Sarr.