Senegal and the EIB

The EIB has worked with Senegal since 1966.

We have invested in infrastructure and climate action projects that enhance connectivity with the country’s neighbours, boost trade and foster sustainable growth. We are supporting affordable solar power generation and sustainable urban transport. Through our longstanding relationship with SONES, the national water company, we have ensured access to safe water in Dakar and other urban centres across the country.

Thanks to EU support, we have brought electricity to the Casamance region - one of the poorest rural areas in the country - with a €13 million grant for the Senegal Electricity Modernisation project. The financing will contribute to improving farmers’ lives.

Additionally, through our financial intermediaries, such as BAOBAB Senegal and investees of Grameen Crédit Agricole Foundation, we provide farmers and micro-entrepreneurs - especially young people and women - with much-needed access to finance that enables them to start their own businesses.

At a glance

The EIB provides finance and expertise for sound and sustainable investment projects in Senegal.

EIB activity in Senegal by sector

(since start of operations)

EIB stories in Senegal

Individual stories speak far louder than figures and charts. Discover how our work improves the quality of life in Senegal and beyond

14 May 2024

EIB Global Donor Partnerships

Launch the video and embark on a journey to our projects around the world, guided by our Donor-funded trust funds. By joining forces, we achieve impact.

EIB Global cares for people and the planet thanks to its Donor partnerships.

EU-Africa Infrastructure Trust Fund European Commission Solidarity with Ukraine EU for Ukraine Partnerships Partners Eastern Partnership Technical Assistance Trust Fund (EPTATF) Mandates and partnerships Ecuador Ukraine Senegal Mozambique Armenia Serbia Moldova Africa, Caribbean, Pacific countries + OCT Eastern Europe, Southern Caucasus Mediterranean countries America Carribean Sub Saharan Africa Enlargement Countries South Africa Asia and Latin America Urban development Research, innovation and technology Transport Development Migration Climate action and environment Energy Institutional SMEs Diversity and gender Water, wastewater management Health and life sciences
28 February 2023 Matt Rees

Opportunity for reinvention

The first EIB Group Forum delivers a call for simple, fast investment in clean technology to overcome the crises facing the world

Spain Senegal Greece Luxembourg The Netherlands France Africa, Caribbean, Pacific countries + OCT European Union Research, innovation and technology Development Climate action and environment
11 January 2023 Chiara Robotti

‘Comfort is a running tap’

As climate change worsens Senegal’s water crisis, new infrastructure offers relief for more than a million people across the country

Infrastructure Water Water treatment Senegal Africa, Caribbean, Pacific countries + OCT Climate action and environment Water, wastewater management
18 October 2022

COVID-19 vaccine production in Africa | Thinking Global
In our new video series “Thinking Global” we analyse global matters from a local perspective. Together with EIB experts working on the ground, we will be travelling throughout the globe to dive into current issues and find possible solutions.

In our first episode, we will take you to Senegal. Do you know how Africa is coping with COVID-19 vaccinations? Are African countries getting the support they need to manufacture COVID vaccines locally?

Find the answers in our video!

Related stories
Covid-19 Senegal South Africa Rwanda Africa, Caribbean, Pacific countries + OCT South Africa Research, innovation and technology Development Health and life sciences
13 July 2022

The EIB supports the first electric Bus Rapid Transit project in West Africa

The Bus Rapid Transit Dakar project, supported by the EIB, is a pioneering project for Africa. With 121 100% electric buses, it will become the first fully electric BRT in West Africa. Find out more about our work in Senegal.

Senegal Africa, Caribbean, Pacific countries + OCT Urban development Transport Development
28 June 2022

Conversations at the EDDs with Ambroise Fayolle and Amadou Hott

At the European Development Days, we address development and vaccine production autonomy for Senegal and Africa with Ambroise Fayolle, Vice-President of the European Investment Bank, and Amadou Hott, Minister of Economy, Planning and International Cooperation of Senegal.

Ambroise FAYOLLE Management committee Senegal Africa, Caribbean, Pacific countries + OCT Development Health and life sciences
10 June 2022

Expanding local manufacturing to end vaccine dependency in Africa

The European Investment Bank is providing €75 million to the Institut Pasteur de Dakar, in Senegal, to build a new vaccine manufacturing facility that will produce 300 million doses of vaccines per year. Read our blog story to find out more about the crucial projects behind vaccinations in the developing world.

Covid-19 Senegal Africa, Caribbean, Pacific countries + OCT Development Health and life sciences
3 June 2022 Chris Knight

A global vaccine machine

More partnerships and investment are needed to improve low levels of developing world vaccinations and fight future diseases. Here’s how the EU bank is working to create vaccine-manufacturing facilities in Africa and to vaccinate other regions of the world

Infrastructure Covid-19 Germany Senegal Belgium Africa, Caribbean, Pacific countries + OCT European Union SMEs
19 April 2022 Dawid A. Fusiek

A drive to develop

In developing countries transport drives economic growth and social inclusion. Here’s how transport projects help people live better lives around the world—and fight the emissions that fuel climate change

Infrastructure Uzbekistan Turkmenistan Kyrgyzstan Zambia Vietnam Solomon Islands Vanuatu Brazil Papua New Guinea Maldives South Sandwich Islands Costa Rica St. Maarten Dominican Republic Wallis and Futuna Islands Trinidad and Tobago Tonga Nigeria Paraguay Yemen Cayman Islands Madagascar Gabon Suriname Ethiopia Malawi Turks and Caicos Islands Saint Kitts and Nevis Samoa Aruba Benin Panama New Caledonia Guinea-Bissau Côte d'Ivoire Tajikistan Somalia Antigua and Barbuda Mongolia Pakistan São Tomé e Principe Bahamas Congo Palau Lao People's Democratic Rep. Peru Botswana Liberia Senegal Malaysia India Sri Lanka Cape Verde Regional - Pacific Burundi Cambodia Burkina Faso Comoros China Ghana Seychelles Eritrea Korea, Republic of Timor-Leste Macau Guatemala Niger British Indian Ocean Territory Nicaragua Mozambique Angola Chile Togo Cameroon Barbados Sudan Dominica Brunei Darussalam Uruguay Bangladesh Saint Lucia St. Helena Pitcairn Guinea El Salvador Jamaica The Gambia Virgin Islands (British) The Territorial Collectivity of Mayotte Venezuela Bonaire, Sint Eustatius and Saba Honduras Fiji Curaçao Cook Islands Equatorial Guinea Anguilla Mauritania Saint Vincent and Grenadines Mauritius St. Pierre and Miquelon Sierra Leone Kiribati Haiti Mexico Indonesia Nepal Zimbabwe Micronesia Kazakhstan Montserrat Singapore Djibouti Bolivia Falkland Islands Chad Kenya Lesotho Grenada Tuvalu Congo (Democratic Republic) Thailand Mali Uganda Philippines Netherlands Antilles Tanzania Rwanda French Polynesia Kingdom of Eswatini Colombia Guyana Namibia Belize Africa, Caribbean, Pacific countries + OCT Asia and Latin America Transport Development Climate action and environment
12 April 2022 Dawid A. Fusiek

Heads above water

In developing countries, water sanitation is vital for health and economic growth. Here’s how water management and sanitation projects in communities around the globe improve the quality of life and protect against the impact of climate change

Infrastructure Water Wastewater Water treatment Uzbekistan Turkmenistan Kyrgyzstan Zambia Vietnam Solomon Islands Vanuatu Papua New Guinea Maldives South Sandwich Islands Costa Rica St. Maarten Dominican Republic Wallis and Futuna Islands Trinidad and Tobago Tonga Nigeria Paraguay Yemen Cayman Islands Madagascar Gabon Suriname Ethiopia Malawi Turks and Caicos Islands Saint Kitts and Nevis Samoa Aruba Benin Panama New Caledonia Guinea-Bissau Côte d'Ivoire Tajikistan Somalia Antigua and Barbuda Mongolia Pakistan São Tomé e Principe Bahamas Congo Palau Lao People's Democratic Rep. Peru Botswana Liberia Senegal Malaysia India Sri Lanka Cape Verde Regional - Pacific Burundi Cambodia Burkina Faso Comoros China Ghana Seychelles Eritrea Korea, Republic of Timor-Leste Macau Guatemala Niger British Indian Ocean Territory Nicaragua Mozambique Angola Chile Togo Cameroon Barbados Sudan Dominica Brunei Darussalam Uruguay Bangladesh Saint Lucia St. Helena Pitcairn Guinea El Salvador Jamaica The Gambia Virgin Islands (British) The Territorial Collectivity of Mayotte Venezuela Bonaire, Sint Eustatius and Saba Honduras Fiji Curaçao Cook Islands Equatorial Guinea Anguilla Mauritania Saint Vincent and Grenadines Mauritius St. Pierre and Miquelon Sierra Leone Kiribati Haiti Mexico Indonesia Nepal Zimbabwe Micronesia Kazakhstan Montserrat Singapore Djibouti Bolivia Falkland Islands Chad Kenya Lesotho Grenada Tuvalu Congo (Democratic Republic) Thailand Mali Uganda Philippines Netherlands Antilles Tanzania Rwanda French Polynesia Kingdom of Eswatini Colombia Guyana Namibia Belize Africa, Caribbean, Pacific countries + OCT Asia and Latin America Development Climate action and environment Water, wastewater management Health and life sciences

Get EIB support in Senegal

We can provide you with various types of financing to implement projects that promote growth and jobs in your country. We support small businesses, innovation, climate and infrastructure. Get an overview of the whole EIB Group product range