Lba and Cfao unite for the mechanization of agriculture The Agricultural Bank (Lba) is revitalizing its leasing window to improve access to agricultural, processing and transport equipment. On February 5, 2019, with Cfao, it held the ceremony to hand over the keys to the first utility property financed by its Leasing counter. The 1st utility asset financed by Lba's Crédit-Bail window will make a major contribution to the mechanization of agriculture in Senegal, but above all, will enable SME and SMI customers to acquire new equipment in order to meet their transport and processing equipment. For Malick Ndiaye, general manager of Lba, the establishment of the Guichet Crédit-Bail will strongly contribute to the mechanization of agriculture in Senegal, but above all, it will allow customers of small and medium-sized enterprises and small and medium-sized industries to acquire equipment new to meet their transportation and processing equipment needs. Cfao's director of operations, Marin Laviolette, said he was reassured about the partnership with La Banque Agricole and thinks that this is only the beginning of a fruitful collaboration between the two institutions. For the agricultural bank, leasing is an essential option for agricultural mechanization in the sense that it makes it possible to finance the acquisition of heavy agricultural equipment.