Energy finance in Senegal
Senegal has 5 active World Bank energy projects, with $195 million committed, the 52nd largest of 102 countries. 82.9% of its people had electricity in 2024.
- Committed
- $195m
- Projects
- 5
- Per person
- $10
- Electricity access
- 82.9%
- Without electricity
- 3.2 million
Active projects
- Senegal Energy Access Scale Up Project$150 million
Increase access to electricity services for households, enterprises, and critical public facilities in Senegal.
-
Support the government's capacity to drive negotiations towards final investments decisions and lay the foundations for the gas sector's contributions to the economy through enhanced legal and regulatory framework and capacity building.
- SAL IV$7 million
- SAL IV$5 million
- SAL IV$4 million
Source: World Bank Group, updated 23 Oct 2026.
Who else finances energy in Africa
- World Bank (IBRD and IDA)Loans, credits and grants to governments for generation, transmission, distribution and access. Co-leads Mission 300 with the African Development Bank, which aims to connect 300 million Africans to electricity by 2030.
- IFCEquity and loans for private power producers, utilities and off-grid companies; the World Bank Group’s private-sector arm.
- MIGAPolitical-risk insurance and credit enhancement that make cross-border energy investments bankable.
- AfDBSovereign and private loans across Africa’s power sector, including Desert to Power; co-leads Mission 300.
- SEFAGrants and concessional finance for project preparation, mini-grids, clean cooking and green baseload, managed by the African Development Bank.
- OPEC FundPublic- and private-sector loans and grants in developing countries, with energy among its core sectors.
- IsDBSharia-compliant finance for power, renewables and energy access in its member countries.
- AfreximbankTrade and project finance across Africa, including oil, gas and power infrastructure.
- AFCEquity, debt and project development for African infrastructure, with power one of its largest sectors.
- Africa50An infrastructure investment platform owned by African governments and the AfDB that develops and invests in power and transport projects.
- GCFGrants, concessional loans, equity and guarantees for low-emission and climate-resilient projects, through accredited entities.
- CIFConcessional finance, delivered through the multilateral banks, for clean technology, renewables in low-income countries and coal transition.
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