Skip to main content

Senegal Secures €630 Million Trade Finance Deal for Energy and Food Security

Senegal Secures €630 Million Trade Finance Deal to Boost Energy and Food Security

In a move that promises to bolster Senegal's economic resilience, the country has signed a €630 million trade finance deal with the International Islamic Trade Finance Corporation (ITFC) in Dakar. The agreement falls within a broader €2 billion five-year framework aimed at enhancing energy and food security by supporting imports and exports of petroleum products and groundnuts.