Dakar, June 30 (APS) – The World Bank declares that it has approved two financings for a total amount of 285 million US dollars, approximately 171.2 billion CFA francs, intended for the prevention of floods in Senegal and the adaptation of higher education in the country to the needs of employers.
According to a press release received from his office in Dakar, an initial financing of 135 million US dollars – approximately 81.1 billion CFA francs, according to the current rate of the US dollar – was approved on Thursday June 29 to “reduce the risk of ‘flooding in the peri-urban areas of Dakar”.
The funds made available to Senegal will be used to “anticipate [les risques d’inondation]through capacity building in urban planning and management”.
The financing of 81.1 billion CFA francs is the second granted by the World Bank to the Rainwater Management and Climate Change Adaptation Project 2 (PROGEP 2).
”The initial financing of PROGEP 2 has already enabled the construction of more than 14 kilometers of primary and secondary canals, which protect 55,000 people and 345 hectares from flooding”, explains the press release from the financial institution.
“In the wake of these positive results, we are confident that this additional funding can provide structural solutions to mitigate the impact of heavy rains in priority urban areas identified by the government,” said the Director of Operations in the press release. of the World Bank for Senegal, Keiko Miwa.
Initially scheduled for 2026, the closure of the project will be postponed to July 2029, according to the same source.
The World Bank says in a separate statement that it has approved funding of US$150 million – around 90.1 billion CFA francs – for Senegal, with the aim of “improving the capacity of higher education institutions”. .
This funding will enable Senegal to “adapt the skills taught to the needs of the labor market”.
This funding approved Thursday, June 29 ”comes with a grant of US$1.9 million (1.5 billion CFA francs) from the Partnership for Early Childhood Education’s multi-donor trust fund’ ‘.
”This support is part of the Professional Higher Education Project oriented towards the integration and success of young people.
It (this project) is designed to improve the economic performance of higher education graduates, in line with the objectives of promoting inclusive growth, shared prosperity and gender equality in Senegal,” explains the World Bank. .
“We are confident about the achievement of the objectives of this project, inspired by the already satisfactory results of the Higher Institute of Professional Studies (ISEP) of Thiès (west), financed by the World Bank”, adds the same source.
She specifies that the funding intended for Senegalese higher education will enable her to build eight other ISEPs.
The adequate and relevant professional skills offered by the ISEPs will promote the rapid integration of beneficiaries into the labor market, assures the financial institution.
“This project should have a positive impact with, in the short term, the registration of more than 16,000 students as first cohorts in the newly created ISEPs,” said in the press release the director of operations of the World Bank for the Senegal.
The eight future ISEPs ”will be built in regions with different profiles, according to socio-economic needs”.
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