Senegal : World Bank approves €57.5M to boost jobs, innovation, and private sector

On July 11, 2025, the World Bank approved €57.5 million in additional funding to support Senegal’s PACE program, focused on boosting competitiveness, innovation, and financing access. The initiative aims to foster economic transformation, with a focus on MSMEs, women-led businesses, and climate-resilient technologies. Over $280 million has already been committed since June 2025.