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Land exploitation in Senegal: SAED wants to bring back the Agricultural Bank

04/09/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Le Directeur général de la Société d'Aménagement et d'Exploitation des Lands du Delta du Rivière Senegal (SAED), Alassane Bâ said on Tuesday that his company is working to bring back the Agricultural Bank (LBA). The objective is for it to participate in the financing of campaigns in order to achieve food sovereignty.

The CEO of SAED indicated that the Agricultural Bank “remains the only” banking structure” that can take into account the credit needs of producers working in large areas”. For him, bringing back the Agricultural Bank is a way of achieving food sovereignty. “We have been working for some time to bring back the Agricultural Bank (LBA) so that it participates in the financing of agricultural campaigns, especially in basins and village irrigated areas (PIV

)” he said.
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