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AfDB and Senegal

The African Development Bank and Senegal have a long history of cooperation, dating back to 1972. Since that time, the Bank has financed 66 national projects in several sectors with a total investment of approximately US $ 1.1 billion or 532 billion CFA francs. Infrastructure projects make up 39.4 per cent of the Bank’s investment in Senegal, compared to 21.3 per cent for the social sector and 18.7 per cent for rural projects. In the private sector, the AfDB has financed four operations amounting to US $248 million.

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Senegal Economic Outlook

Real GDP growth has been above 6% on average since 2015, propelled by the Plan for an Emerging Senegal (2014–18). Growth slipped to 6.0% in 2019 from 6.7% in 2018. Public investment in infrastructure, agriculture, and energy kept the fiscal deficit at 3.6% of GDP in 2018 and 2019, above the WAEMU convergence threshold of 3%. Given the low fiscal pressure (15% of GDP) and domestic savings, this deficit was partially financed by external borrowing, which raised the public debt to 54.7% of GDP in 2018 from 47.7% in 2017. Inflation in 2019 remained low at 0.2%.

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Key Facts

Capital: Dakar
Area: 197,000 sq km
Total Population 2017: 16.1 Million...
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 17.0 Billion
GNI Per Capita 2015: US$ 1,000
Inflation Rate: 1.89%
Crude Birth Rate (per 1000): 36.20%
Human Development Index (rank / 188): 162
Human Development Index (scale 0 to 1): 0.494
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 1.4 Billion

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Latest Videos

29/06/2017 - Feed Africa: Creating jobs in Senegal

28/11/2016 - ADF-14: Interview with Papa Amadou Sarr, Alternate Governor, Senegal (ADF beneficiary country)

28/11/2016 - ADF-14 : Improving their future in Senegal and Madagascar


Knowledge Products


Senegal Country Office

Groupe de la Banque africaine de développement
Immeuble Coumba, 2eme étage
Route de Ngor, Zone 12
Les Almadies
BP 50544 - CP 18524 RP
Dakar, Sénégal

Tél : +221 338200888/338697544
Fax : +221 338200999

Mr Adam AMOUMOUN , Interim Country manager

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

TEL. : (+225) 20 26 40 47