Latest News Lead Story

Kufuor supports Senegal to raise development funds

Former President J. A. Kufuor
Former President J. A. Kufuor

Former President John AgyekumKufuor, Monday, joined Senegalese President MackySall and his government to raise more than nine trillion CFA Francs at a donor’s conference to support a development plan aimed at doubling that country’s economic growth over the next 10 years.

The conference had hoped to raise about five trillion CFA Francs but was oversubscribed by more than four trillion CFA Francs.

Various Ministers of President Sall’s government made presentations of their development plans at the conference attended by the World Bank, the International Monetary Fund, The French government, the United States Development Agency, the Department for Foreign International Development of the UK, the African Development Bank, and the Kuwaiti Fund, among others.

The “Emerging Senegal” programme aims to boost output from agriculture, fisheries and agro-industry, as well as the mining sector and tourism. It also hopes to make Senegal a logistics hub offering access to West Africa’s market of some 300 million people.

See also  History Guides Africa’s Economic Ties With China - President

President Kufuor praised Senegal for its initiative and urged the government to use the monies raised for their intended purpose.

He said African countries faced similar problems and hoped that governments on the continent would follow the Senegal example to help boot their economies.

President Sall promised to crack the whip where necessary to ensure success of the programme and praised Former President Kufuor for his support and advice.

Former President Kufuor who arrived in Paris Monday, will return home on Friday.

 

Source: Office of Kufuor

Related Posts

Canadian Navy Visit's Sekondi School Of Deaf
[caption id="attachment_13929" align="aligncenter" width="564"] Heather Cameron – Canadian Ambassador to...
Read more
WHO To Launch World Malaria Report
The World Health Organisation (WHO) would on Tuesday, December 9,...
Read more
African Court Former President Dies
[caption id="attachment_17066" align="aligncenter" width="600"] The Late Justice Augustino S. L....
Read more

Leave a comment

Your email address will not be published. Required fields are marked *

Social media & sharing icons powered by UltimatelySocial