The Board of Directors of the West African Development Bank (BOAD) approved $60.3 million in medium-term loans and one short-term loan amounting to $10.4 million.
Some of the projects that will be covered include the partial financing of a landfill center for solid waste in Lome, Togo. The facility will cover around 192 hectares and have the capacity of 300,000 tons of waste annually.
A short-term loan to the Senegalese government will also be given for the partial financing of the Emergency Rural Electrification Program (EREP) to help the government meet its target of increasing rural electrification from 26% to 60%. The current operation, co-financed with the local banking system, involves the electrification of 150 villages spread across 13 regions in Senegal.
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