Senegal Adopts 2025 Investment Code to Boost Business Climate and Attract Investors
Senegal has taken a decisive step toward improving its business environment with the adoption of the 2025 Investment Code, a landmark reform passed by the National Assembly. The move reaffirms the country’s ambition to strengthen its position as one of Africa’s most attractive destinations for investment.
The new Code is the result of an inclusive and participatory process, shaped through broad consultations with government technical departments, the national private sector, and civil society representatives. This approach ensures a framework that balances competitiveness with sustainability and inclusiveness.
Key Innovations in the 2025 Investment Code include:
Simplified, digitalized procedures through a fully online one-stop shop.
Faster processing times, with applications reviewed within 10 working days.
Stable tax and customs incentives offering visibility and security for investors—three years in Dakar/Thiès and five years in other regions.
New targeted regimes for Strategic Investments and Socially Responsible Investments (SRI).
Stronger guarantees, including capital transfer rights, currency convertibility, access to raw materials, and improved mechanisms for dispute prevention and resolution.
According to authorities, the Code signals Senegal’s commitment to a competitive, transparent, and secure business climate while prioritizing national employment, local content, and corporate social responsibility.
Bakary Séga Bathily, Director General of APIX S.A., emphasized the inclusive spirit behind the reform:
“This Code was designed in an inclusive spirit, through consultations with all public and private stakeholders, with the objective of modernizing the legal framework and making it more competitive. We therefore invite all investors to take part in this transformation process, for a sovereign, fairer Senegal committed to shared prosperity.”
The government will present a detailed overview of the new framework at the FII Senegal Forum, scheduled for October 7–8, 2025. The event is expected to showcase the benefits of the Investment Code and attract global and regional investors.
With this milestone reform, Senegal continues to strengthen its economic positioning, sending a clear message that it is open for business and committed to sustainable growth.
