The Chinese bank wants to expand on the African market.
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The institution wants to develop public/private partnerships.
Senegal is seeking to raise 150 billion CFA francs.
The aim is to finance part of the country's deficit.
This initiative will help improve access to finance in the region.
The scheme is aiming to help hundred of thousands of women access finance.
This is the third African fund sponsored by Investors & Partners (I&P).
The significant decline in loan repayments reflects the country's economic difficulties.
It is looking to increase the proportion of banked adults to at least 60 per cent of the population.
They currently account for 20 percent of all transactions.