I am pleased to welcome you on the website of the Sovereign Fund for Strategic Investments (FONSIS), an innovative instrument, the private arm of the Government Senegal to make its assets grow and revive the economy.
Through this Fund, Senegal is realizing its choice to use the powerful lever of risk capital for sustained growth, creating jobs and wealth. In this sense,sourcewill play an important role in bringing together national and foreign investors around strategic projects, notably those of Senegal Emerging Plan (PSE) while supporting Senegalese companies to become national champions.
The State of Senegal, wishing to play a role of state investor, decided to endow the FONSIS 500 billion FCFA mainly consisting of assets allowing him to raise additional resources for productive investment. Thus, despite the absence of budget surpluses or income from natural resources, we opted for a new model in Africa, based on equity and other state assets. In doing so, our Generational Fund will be matched by the future profits of FONSIS ..
I invite all stakeholders to come closer to our teams for mutually beneficial collaboration. Looking forward for more Investment and Action for an Emerging Senegal.
Papa Demba Diallo,
CEO of FONSIS S.A.