Senegalese President Bassirou Diomaye Faye has called for a new era of investment rooted in strategic partnerships, innovation, and sustainable development, during the opening of the second edition of the Invest in Senegal Forum in Diamniadio.
He outlined sweeping reforms aimed at improving Senegal’s business climate, including revisions to the Investment Code, General Tax Code, Labor Code, Customs Code, and Public Procurement Code.
These measures are designed to enhance competitiveness, attract investors, and integrate Senegal more effectively into the African Continental Free Trade Area (AfCFTA).
President Faye emphasized that Senegal’s investment strategy now seeks collaboration beyond financial inflows, focusing on technology transfer, local value chain integration, and co-investment with national stakeholders.
Under Vision Senegal 2050, the country will prioritize sectors such as agribusiness, green energy, mining, the blue economy, and digital technology, backed by an estimated $1.7 billion investment in digital infrastructure. Highlighting Senegal’s political stability and favorable business environment, Faye invited international investors—particularly partners like Saudi Arabia, the forum’s guest of honor—to participate in projects that drive inclusive and sustainable growth across the nation.
