Senegal Envisions Investing About $30.5 Billion In Development

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Senegal, a nascent oil and gas producer, intends spending about 12.8 trillion CFA francs ($21 billion) on development over the next five years and aims to garner another 5.7 trillion CFA in private investment, a draft government plan shows.

Public investment in education, energy infrastructure and a range of other projects is seen increasing by an average of 14.7% annually between 2025 and 2029, according to the document, which is still a work in progress.

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