16 May 2017 West Africa / Senegal

Signature In Paris, Financing Agreement Train Express Regional (TER) Dakar-AIBD

CFAF 129, 6 billion granted for railway rolling stock.

The Minister of Economy, Finance and Plan Amadou BA signed two financing agreements in Paris at the end of April.  The first was signed with his French counterpart Michel Sapin. It concerns an amount of CFAF 63 billion (€ 95 million) financial protocol concluded between the State of Senegal and the French Republic through the French Treasury. The second agreement finalising the agreement with the AFD was signed with the Director General of the French Development Agency (AFD) Rémy Rioux, for an amount of 66.5 billion CFAF (100 million euros). These two agreements totalling CFAF 129.6 billion are for the acquisition of railway rolling stock and the shifting/renewal of the metric track, as part of the Regional Express Train (TER) project, Between Dakar and Diamniadio.

SNCF Secretary General Stephan Volant pointed out that this will be the first TER in Africa and recalled that a railway training school will be set up in Senegal at the end of the process. The TER project is executed by the APIX.

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