• Short Summary

    A finance conference of the River Senegal Development Organisation (OMVS), which groups Mali, Senegal and Mauritania, opened in Nouakchott -- Maretania's capital -- on Thursday (11 July).

  • Description

    A finance conference of the River Senegal Development Organisation (OMVS), which groups Mali, Senegal and Mauritania, opened in Nouakchott -- Maretania's capital -- on Thursday (11 July).

    United States, Canadian, Arab, European and Asian delegates also took part in the two-day discussions.

    Development of the Senegal River is urgently being south as a means of alleviating the severs drought which is gripping the area.

    It was reported after the two-day meeting that the OMVS had secured finance worth some 35 million central African Francs (about 60 million pounds sterling) for the project. But the total cost of developing the river has been put at a million million Central African France (about 650 million pounds sterling).

    So far, the Soviet Union and the United States have not undertaken any financial commitments. But France, West Germany, Saudi Arabia, Iran, Canada, the World Bank and the African Development Bank have all agreed to contribute.

    The Peoples Republic of China, which did not attend, has pledged to build a major dam on the river coasting 18,000 million Central African Frances (nearly 30 million pounds sterling). Chinese technicians have already studied the project to build the hydro-electric dam at Manthali, in Mali.

    Mauretanian President Moukhtar Ould Daddah addressed the opening session of the Conference. He said proper development of the Senegal River could solve many of the problems of the drought-hit Sahel region and that plans to make 900 kilometres (560 miles) of the river navigable would ease local transport problems.

    SYNOPSIS: A two-day finance conference of the River Senegal Development Organisation opened in Nouakchott -- Mauretania's capital -- on Thursday.

    The Organisation groups Mali, Senegal and Mauretania.

    United States, Arab European and Asian delegates also took part in the conference which were called to discuss ways of developing the Senegal River to aid the drought-stricken region.

    Mauretania's President Moukhtar Ould Daddah opened the meeting by saying that proper development -- estimated to cost a total six hundred and fifty million pounds -- could solve many of the problems of the region. He emphasised plans to make five hundred-and-sixty miles of the river navigable would be of special benefit.

    It was reported after the two days of talks that the Organisation had secured financial pledges totalling some sixty million pounds. France, West Germany, Saudi ?Arabia, Iran, Canada, the World Bank and the African Development Bank have all agreed to contribute.

  • Tags

  • Data

    Film ID:
    VLVA9K8IXLA5UAG90TEEPUNCEGFM0
    Media URN:
    VLVA9K8IXLA5UAG90TEEPUNCEGFM0
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    15/07/1974
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:09:00
    Time in/Out:
    /
    Canister:
    N/A

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