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Senegal : $220M fund launched to accelerate energy transition

On October 8, 2025, the Sovereign Strategic Investment Fund (FONSIS) unveiled the Renewable Energy and Energy Efficiency Fund (REEF) at the Invest in Senegal Forum. With 135 billion FCFA (~$220M), the fund will support renewable energy and energy efficiency projects, attract green investments, and promote Senegal’s energy transition, in partnership with Africa Climate Ventures and private investors.