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Learning from Cities— The 2nd Guangzhou International Award for Urban Innovation
Senegal
â–Ą Dakar is the biggest seaport in the West Africa
/ Dakar/ Municipal Finance Program With rapid growth in its urban
more convenient and hygienic conditions
population, a large portion of Dakar's
for consumers. To finance the project,
population works in the informal sector.
Dakar decided to access capital markets.
There was a pressing need for a central
Not only is it the first city to do so in
marketplace to accommodate its street
sub-Saharan Africa (outside South
vendors so as to improve their social
Africa), it is also one of the few cities in
and economic situation and to provide
a developing country to do so without