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Senegal: IDB implements 80 projects worth USD 2.6 billion

02/09/2021
Categories: Companies

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After completing 143 operations worth $1 billion, the Islamic Development Bank (IDB) group is implementing 80 development projects worth $2.6 billion in Senegal. usd. The announcement was made by the president of the institution, Dr. Bandar Hajjar.

The IDB completed 143 operations worth $1 billion, bringing the total amount of the bank's projects in Senegal to $3.6 billion, including $2.4 billion for projects financed by the bank. “Other members affiliated with the group have made significant contributions to the country. These include the International Islamic Trade Finance Corporation ($740 million), the Islamic Corporation for Private Sector Development ($147 million), and other sources ($311 million),” the report reads. IDB website. The sectors that have received the most financing from the bank are energy, transport, agriculture, water and sanitation, finance, industry and mining, health, education and public administration.

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