Senegalese Postal Service Requires $274 Million for Recapitalization

In a push to alleviate financial difficulties, La Poste (Senegal) has indicated a need for 170 billion CFA francs (274 million USD) to recapitalize and renew its operations.

According to a new release by the Senegalese government, the recapitalization is in line with the broader vision to energize the postal sector, as detailed in the strategic expansion plan (PSE 2023-2028).