The National Oilseed Marketing Company of Senegal (Sonacos) which sought to raise 50 billion FCFA to finance the collection of oilseeds has obtained funding from 52, 1 billion FCFA being mobilized
The amount has been granted by the Islamic Society for the financing of International Trade for Sonacos financing of its program of collection of peanut seeds 2017 / 2018 by the State of Senegal through the Islamic Development Bank (IDB) ).
Indeed, the subsidiary of the Islamic Development Bank has committed to mobilize this amount to support the groundnut sector during a visit of the Senegalese Minister of Finance in Riyadh, Saudi Arabia.
Sonacos hopes to produce 200 000 tons for this peanut crop season.
