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Last updateDim, 25 Jan 2015 6pm

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AfDB launches annual review on development efficiency in Senegal

Development efficiency in Senegal - The African Development Bank (AfDB) and the Senegalese government Wednesday in Dakar launched a joint annual review focusing on development efficiency in Senegal for the year 2013.


The report, edited by the AfDB results and quality control department, highlights the progress made by Senegal in terms of development, particularly in the facilitation of investments in the private sector.

It also retraces the way in which AfDB activities contributed to the result recorded by Senegal in the area of development over five years.

The launch was presided over by Senegal's Minister of Economy and Finances Amadou Ba and AfDB regional resident representative in Senegal Mamadou Lamine Ndongo.

Mr Mamadou said the annual review was an opportunity for the AfDB and Senegal to take stock of all activities carried out by the bank in Senegal, and for the bank to take up the challenge in the monitoring/evaluation of ongoing projects.

The document said Senegal is on top in terms of the promotion of public-private partnership in the infrastructure domain, thanks to its development and investment resources in the private sector.

The current AfDB portfolio in Senegal includes 13 operations worth 167 billion CFAF (US$352,958) for the public sector and 107.5 billion CFAF (US$227, 204) for the private sector.

The cooperation programme between Senegal and AfDB began in 1972.

Pana 13/03/2014