Senegal faces unprecedented social unrest
The News Review:
- Senegal faces unprecedented social unrest
- IMF approves $75.6 mln in anti-crisis support to Senegal
- Chinese ambassador in Senegal receives honorary doctorate
- Senegal-Fencing’” Congress African fencing congress in Senegal to …
- France lends troubled Senegalese power utility 30 mln euros
- IMF Approves $76 Million Aid for Senegal to Combat High Prices
Senegal faces unprecedented social unrest
Daily Nation Kenya
The movement born in one of the most populous suburbs of the Senegalese capital is led by the Imams supported by local community leaders and massively followed by the populations. Local mediaThe exceptional nature of the movement has prompted the local media to swiftly refer to it using politically strong concepts including ?jihad? and ?revolution?. The initiators however have made it clear that their demands are neither political nor religious.
IMF approves $75.6 mln in anti-crisis support to Senegal
Xinhua China
21 (Xinhua) — The International Monetary Fund (IMF) has approved 75. dollars in support for Senegal against the consequences of the global financial crisis the Ministry of Economy and Finance announced on Saturday. The IMF examined the dossier of Senegal on Friday and approved the support under a program known as the Facility of Protection against External Shock according to a statement released by the ministry.
Chinese ambassador in Senegal receives honorary doctorate
Xinhua China
21 (Xinhua) — Chinese Ambassador in Senegal Lu Shaye received honorary doctorate from the School of International Affairs (EIA) on Saturday in the capital Dakar. At a ceremony organized by the EIA to confer the honorary title Senegalese officials expressed appreciation of the Chinese diplomat’s efforts to promote Sino-African relations in general and cooperation between China and Senegal in particular. n the occasion Lu delivered a speech titled “observe the Sino-African relations from historic multidimensional and dialectic angles” praising the mutual support between China and Africa since the epoch of the anti-colonial struggle. Lu expressed thanks to Africa for backing China on the issue of Taiwan. Editor: Yao.
Senegal-Fencing’” Congress African fencing congress in Senegal to …
African Press Agency Senegal
utgoing general treasurer Ndiaye vies for the leadership with two challengers among them Algeria’s Abderrhamane Lamari who has been heading the Confederation since 1993 sources close to the CAE said. This meeting will mark a break in the management of the sports in Africa. The African Fencing Association (CAE) chairman to be chosen through this elective congress will henceforth be a liaison member of the executive committee at the International Fencing Association. So far he has only consultative powers within this world body.
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France lends troubled Senegalese power utility 30 mln euros
Africasia UK
The financing agreement was signed on Friday by the Senegalese minister for finances and economy Abdoulaye Diop and France’s ambassador to Dakar Jean Christophe Rufin. The loan from the French agency for development (AFD) worth in local currency about 20 billion CFA francs is for a period of 25 years at one percent interest Rufin said. He added that the recapitalisation of Senelec — the national electricity company of Senegal — will enable the utility to limit the cuts in electricity. “Senegal has been facing an unprecedented crisis in its energy sector which has been strongly felt in the electricity sub-sector” said Diop adding that the loan will also help reduce production costs.
IMF Approves $76 Million Aid for Senegal to Combat High Prices
Bloomberg
20 (Bloomberg) — The International Monetary Fundapproved a one-year $75. 6 million aid deal for Senegal to helpthe African nation offset higher food and energy prices. The approval will allow Senegal to draw about $37. 8 millionfrom the IMF immediately and an equal amount upon completion ofthe first review under an arrangement to help nations deal withexternal events that affect their budgets the IMF said in astatement. ?The Senegalese economy is facing a difficult period?.
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