• 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)
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Côte d'Ivoire ranked first on gender equality within the Economic Community of West African States (ECOWAS) with a score of 0.708, above the regional...
Public accelerator Algeria Venture launched AventureCloudz on Thursday, April 30, a cloud platform for software developers, hosted on Algerian soil and...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....