Paris, April 30, 2026 — Senegal is actively seeking to strengthen its economic partnerships, particularly with France, as highlighted at the PRICE 2026 forum held in Paris. The forum, dedicated to promoting investment and economic competitiveness, was organized by the Senegalese Embassy in France and featured an address by Bakary Séga Bathily, Directeur général of the APIX.
Senegal Seeks Regional Economic Hub Status
Bathily’s presentation focused on Senegal’s evolving position within a changing global investment landscape. Senegalese authorities are emphasizing institutional stability, economic reforms and the commencement of hydrocarbon production as key factors in attracting investment. A revised investment code is also underway, aiming to create a more competitive and internationally compliant environment for capital.
The Senegalese government aims to position the country as a regional economic hub. This effort includes leveraging the Senegalese diaspora in France, which authorities view as a potential resource for economic development through networks, skills, and investment.
Focus on Technology Transfer and Local Skills
During his address, Bathily stated that Senegal prioritizes partnerships that incorporate technology transfer, local skills development, and the enhancement of national content. This suggests a move towards attracting investment that contributes to long-term, sustainable growth within Senegal.
Following the forum, Bathily held discussions with institutions including Business France, Bpifrance, and Proparco, as well as private investors. These meetings centered on potential cooperation in sectors such as infrastructure, energy, industry, innovation, and services.
The initiative in Paris represents an attempt by Senegalese authorities to present a more structured and results-oriented economic framework, with the goal of bolstering the country’s appeal to international partners.
Frequently Asked Questions
What was the purpose of the PRICE 2026 forum?
The PRICE 2026 forum was dedicated to the promotion of investments and economic competitiveness, organized by the Senegalese Embassy in France.
Who attended the forum?
The forum was attended by decision-makers, financial institutions, international investors, members of the Senegalese diaspora, and officials including Bakary Séga Bathily, Directeur général of the APIX, Baye Matar Diop, and Ahmadou Al Aminou Lo, Ministre auprès du Président de la République chargé du Suivi, du Pilotage et de l’Évaluation de l’Agenda national de Transformation Sénégal 2050.
What sectors are Senegal hoping to attract investment in?
Senegal is seeking cooperation in sectors such as infrastructure, energy, industry, innovation, and services.
As Senegal seeks to attract international investment, what role will the diaspora play in the country’s economic future?
