The Government of Senegal awarded SENAC S.A. the concession to design, build, finance, and operate the expansion of the existing Dakar toll road. This expansion will connect central Dakar to the new international airport as well as to other important economic zones of the country, spurring economic growth, employment, and new opportunities that contribute to poverty reduction by facilitating transport between key infrastructure and outlying areas with the capital city.
Building on IFC’s previous role supporting the existing Dakar toll road, IFC is supporting Eiffage, the sponsor of the Dakar toll road project and its expansion, with a global financing package for both projects. Eiffage is a leading European public works and concessions firm with a longstanding presence in Senegal. MIGA is supporting the project through a guarantee supporting a swap between Standard Bank Plc and the government.