Senegal passes 2025 Investment Code to boost business climate
Senegal has taken a decisive step to reinforce its attractiveness as a business hub with the passage of the 2025 Investment Code by the National Assembly. The new law modernizes the country’s legal and institutional framework, aligning it with global competitiveness standards while safeguarding sustainability and inclusiveness.
Developed through broad consultations involving government agencies, the private sector and civil society, the framework reflects Senegal’s commitment to transparency and shared prosperity. “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,” said Bakary Séga Bathily, Director General of APIX S.A.
Key innovations of the new code
The 2025 Investment Code introduces simplified, fully digitalized procedures through a one-stop online platform, enabling applications to be processed within just 10 working days. It ensures stable tax and customs incentives for investors—three years in Dakar and Thiès, and five years in other regions—providing greater predictability and security.
The law also launches targeted regimes for Strategic Investments and Socially Responsible Investments, while reinforcing guarantees on capital transfer, currency convertibility, access to raw materials and mechanisms for dispute prevention. These provisions aim to attract both international and local investors while supporting national employment, local content and corporate responsibility.
Senegal signals readiness for investment
With its modernized investment code, Senegal sends a strong signal to the global business community: it is committed to building a competitive, transparent and secure investment climate. The government will present full details of the new framework during the Fii Senegal Forum on October 7–8, 2025. “We invite all investors to take part in this transformation process, for a sovereign, fairer Senegal committed to shared prosperity,” Bathily added.
