FONSIS's mission is to contribute to inclusive and sustainable development by acting as a catalyst for the capital investment and savings ecosystems.

FONSIS was created as a result of government reforms, by setting up a sovereign investment instrument that is both a partner and a complement to the private sector, and which is governed by the same rules as the latter. FONSIS is therefore in a position to understand the specificities of the private sector, to identify the obstacles to be removed and to contribute, alongside the competent authorities, to the reforms needed to create a favourable climate for private investment.

FONSIS makes investments taking into account their socio-economic impact on local populations and the environment. The Sovereign Wealth Fund's investments are aimed at developing financing funds to accelerate the growth of SMEs and create national champions. The aim is to strengthen national production to replace imports in order to consolidate national sovereignty in key sectors, while preserving the country's environmental capital for current and future generations.

Priority macro-sectors for investment:

• Agribusiness
• Health & Pharma
• Water & Energy
• Infrastructure & Transport
• Funds & Financing vehicles

FONSIS invests mainly in the strategic sectors defined in the Emerging Senegal Plan (PSE). In addition to the financial contribution, FONSIS provides the companies it supports with support in structuring and managing their projects, as well as in governance.

FONSIS provides equity financing for projects that meet its eligibility criteria.

He becomes a partner and member of the governance set up. The length of time the investor remains in the capital is defined with the project promoters, within a timeframe of five (5) to twelve (12) years. Exit is by:

• Transfer to the project promoters,
• Transfer to another project partner or third party (favouring the development of the national private sector),
• Distribution of special dividends by raising debt,
• Initial public offering.

FONSIS does not invest in companies whose activities are in violation of the Constitution of Senegal, the laws and regulations in force. FONSIS acts in full compliance with the international conventions signed by Senegal, including the Sustainable Development Agreements, the Paris Agreements, the Ottawa and Oslo Conventions.