Sénégal’s development aspirations formulated in its strategic
framework dubbed Plan Sénégal Emergent (PSE) (2014 – 2035)
or the Emerging Sénégal Plan, seeks to improve living conditions
and alleviate poverty through structural transformation,
diversification of sources of growth and trade, and make the
country an emerging market and a regional hub by 2035. The
government’s development strategy is fully aligned with the
Bank’s current Strategic Plan, which is underpinned by a number
of key pillars, including (i) promoting intra-African trade and
AfCFTA implementation, and (ii) industrialization and export
. Supporting implementation of the country’s
development strategy through various programs and facilities
that expand infrastructure networks and manufacturing output
will further enhance the relevance of the Bank.  

In the manufacturing sector, the Afreximbank’s financing could
scale up the capacity of Sénégal’s light manufacturing and
agro-processing industries, especially in the peanut sub-sector
where financing constrains have undermined the growth of local
. The Bank’s financing could also be vital to deepen
value chains in the precious metal sub-sector, particularly gold,
and in the hydrocarbons subsector particularly oil and gas whose
production and exports are expected to start in 2023.

Check out recent economic developments and investment opportunities in Senegal: @afreximbank @ACBF_Official @ecowasbiznews @EBID_BIDC @ecowas_cedeao @UCAD_Senegal @UGBSN @mfb_sn @Commerce_sn @boad_official @AfDB_Group @IFC_org @UEMOA_Officiel
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