
IsDB & Senegal Sign 3 Financing Agreements for US$ 390 Million
Jeddah- Kingdom of Saudi Arabia, 17 April 2022 - President of the Islamic Development Bank (IsDB) and Group Chairman, HE Dr. Muhammad AL Jasser, signed, today, in Jeddah, three framework financing agreements with H.E. Mr. Amadou HOTT, Minister of Economy, Planning and Cooperation of Senegal, for a total amount of US$ 390 million.
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The Islamic Development Bank (IsDB), during its 344 Board of Executive Director’s meeting of 13 February 2022, approved Projects for Cote d’Ivoire, Guinea, and Senegal
The Board of Executive directors of the Bank, at its 344th meeting held on 13 February 2022, approved a total of EUR 297.67 million for 3 Member Countries under the Regional Hub of Dakar. These are: EUR 35.14 million for Phase 3 of the Hydro-Agricultural Development Project in Upper Sassandra and Fromager Regions in Cote d’Ivoire, EUR 24.30 million for Phase 2 of the Development of Technical and Vocational Education Project, Guinea, and EUR 238.23 million for the Construction of the Dakar – Tivaouane - Saint Louis Highway/ Mékhé - Saint Louis Project.
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