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Agropole Sud: signing of an agreement between FONSIS and the Ministry of Industry and Trade

Agropole Sud: signing of an agreement between FONSIS and the Ministry of Industry and Trade

Agropole Sud: signing of an agreement between FONSIS and the Ministry of Industry and Trade

On April 8, 2025, FONSIS and the Ministry of Industry and Trade signed an agreement as part of the development of the Agropole Sud. This initiative aims to strengthen agro-industrial processing capacities in the Ziguinchor, Kolda and Sédhiou regions.

Agropole Sud aims to structure value chains around promising agricultural sectors such as cashew nuts, mangoes, corn, bananas and non-timber forest products. The project contributes to several strategic objectives: boosting regional economies, contributing to food security, reducing the trade deficit and promoting employment, particularly for young people and women.

This agreement marks a significant operational step forward, with the coordinated mobilization of public and private stakeholders to bring about the emergence of a sustainable industrial cluster in the south of the country.

ABOUT FONSIS

The Strategic Investment Fund of Senegal (FONSIS SA.) was created by Law 2012-34 adopted on 27 December 2012. It adheres to the Santiago Principles which govern the operation of the largest international sovereign wealth funds of member countries of the International Monetary Fund (IMF).

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