A loan of CFAF 740 million (US$ 1,450,980) was awarded to SEBEL INVEST to co-finance the construction of 80 apartments and related infrastructure services in Ouakam, Dakar. The loan represents 36.7% of the total cost of the project estimated at CFAF 2,018,424,050 (US$3,957,694). The developer, SEBEL INVEST contributed the sum of CFAF 1,007,089,526 or 49.9% while the balance or 13.4% of the total cost was funded by buyers’ deposits.