• Senegal launched “Source Sénégal PPP” on Aug. 5 to digitalize PPP contract procedures.
• The platform aims to boost investment with support from Germany and the Sustainable Infrastructure Foundation.
• It aligns with Senegal’s “2050” strategy, targeting CFAF 4,370 billion in PPPs by 2029.
Senegal launched a new digital platform called “Source Sénégal PPP” on Tuesday, August 5, 2025, to digitize all procedures for awarding public-private partnership (PPP) contracts.
According to Minister Abdourahmane Sarr, the platform will legally, technically, and financially structure each project. The goal is to strengthen the country's ability to attract reliable and sustainable investments. Sarr noted that the German cooperation and the Sustainable Infrastructure Foundation (SIF) supported the initiative.
"Our goal is to create an institutional and regulatory framework that is conducive to public and private investment in infrastructure with ambitious sustainability criteria," he said. The platform launch is also part of broader reforms to improve the business environment.
Last year, the country unveiled its “Senegal 2050” strategy, which focuses on modernizing infrastructure, streamlining administrative procedures, and improving governance. This roadmap follows the Business Environment and Competitiveness Reform Program (PREAC), which was implemented under the Macky Sall administration.
These efforts helped Senegal attract $2.64 billion in foreign direct investment (FDI) in 2023, according to the United Nations Conference on Trade and Development (UNCTAD). The minister also announced that public-private partnerships are expected to generate nearly 4,370 billion CFA francs between 2025 and 2029.
Ingrid Haffiny (Intern)
BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...
Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...
Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominat...
TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...
IMF cuts WAEMU 2025 growth forecast to 5.9% Strong demand, services, and construction support...
Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and strong yearly dividend payments. The company’s sales...
The Eyo Festival, also known as the Adamu Orisha Play, stands among the most iconic cultural events in Lagos, Nigeria. This traditional Yoruba procession,...
Uganda forecasts 558,000 tons of coffee for 2025/2026 season Output up 15% as new plantations begin production Higher crop expected to boost exports,...
New facility supports AML/CFT tech upgrades amid global scrutiny Initiative aims to reduce de-risking, support trade and financial access The...
The Eyo Festival, also known as the Adamu Orisha Play, stands among the most iconic cultural events in Lagos, Nigeria. This traditional Yoruba procession,...
Asmara, the capital of Eritrea, is often described as Africa’s modern city for its remarkable architectural heritage and forward-thinking urban design....