By welcoming Khalid Safir, Managing Director of the Moroccan Deposit and Management Caisse (CDG), the Caisse des Dépôts et Consignations (CDC) in Senegal intends to cross a new CAP in its development strategy. For Fadilou Keïta, Director General of the Senegalese CDC, this visit is much more than a protocol: it embodies an opportunity for strategic learning with an actor whose expertise, which is strong for several decades, arouses admiration.
“The Morocco deposit and management fund is almost 70 years old. That of Senegal will soon celebrate its 19th birthday. We have a lot to learn from her ”, said Mr. Keïta to the APS, on the sidelines of a series of visits to real estate sites in Dakar with his Moroccan counterpart. “Welcoming its managing director in Senegal allows us to capitalize on a number of things. In Morocco, almost everything that is done in financing, development and investment is done with the CDG. »»
The two leaders thus visited several emblematic projects of the CDC, notably on the site of the old track of Dakar airport, the udders, and the Almadies. Projects that the Moroccan boss welcomed: ” I am impressed by the number of projects I have seen, which are indicative of the dynamism of the economy of the city of Dakar ».
Shared ambitions, convergent challenges
The meeting between the two institutions is an extension of the memorandum of understanding signed just over a year ago. It was a question of the partners to take stock of its application, but above all to identify concrete avenues for cooperation. “” There can be prospects for cooperation between our subsidiaries. We must also discuss possibilities for financing our savings “Said Keïta, who sees in African CDC essential levers to meet development needs in a context of generalized over -indebtedness.
Read also: Rabat: partnership framework agreement for the development of e-government and the generalization of the use of digital identity
In this regard, Khalid Safir insisted on the convergence of the missions of the two institutions: “We share the same DNA, namely receiving funds on which we must watch, funds that we must secure and fruit. We also share common values and ambitions in terms of investment ».
The exchanges also addressed the prospects for multilateral collaboration, within the framework of the African network of deposit boxes. “”We can conduct projects together, both at the bilateral level and within broader partnerships “Said the Moroccan Managing Director.
Urban structuring and real estate vigilance
One of the major components of the visit focused on the real estate policy of the CDC in Senegal.“These projects being restructured will make it possible to redefine the urban face of the neighborhoods where they are”,underlined Fadilou Keïta. He notably established a parallel with a similar model deployed by the CDG in Morocco, which has been able to convert an old airport track into a reference urban project.
But this dynamic of urban development is not without obstacles. The Senegalese Managing Director has recognized the existence of irregularities in the conduct of certain sites. Regarding the Tower of Mamelles, he mentioned“A form of anarchy”,indicating that the contract with the entrepreneur had been terminated, causing a three -year delay and a shortfall estimated at 18 billion CFA francs.
For the CDC of Senegal, the issue is now double: to learn from good Moroccan practices while strengthening your own operational and financial capacities. Opening to national and foreign private investors is presented as a priority to accelerate the financing of structuring projects. A dynamic that cooperation with the CDG of Morocco should consolidate permanently.
