National Blueprint · One of 195
A nation of 18.9 million at Africa’s western edge, with a $2.2 billion IMF programme agreed by staff and World Bank finance for its water, roads, health care and buses.
Perfect Nations values what Senegal owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).
Senegal at a glance
What we do for Senegal
Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.
The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.
01Assets · The cup · Sovereign Assets
Each is owned today, earns today, and can carry Senegal toward seven basic standards of living for every citizen.
18.9mCitizens, 2025
56 in every hundred live in towns and cities; the rest live on the land they farm and fish.
49.4%Of land in farms and pasture
The land that feeds the nation, and the first place a citizen dividend can be earned.
45%Of land under forest
Standing forest holds the water, soil and carbon that the world will pay to keep.
1,462 m³Renewable fresh water per person
Enough to supply every home, once it is stored, treated and piped.
15%Of electricity from renewables, 2023
Sun, wind, water and biomass already carry part of the load; the rest is the opportunity.
02Capital · The laurels · Capital Architecture
Bonds, guarantees, swaps and loans that raise capital against what Senegal owns, every line sourced.
Capital ArchitectureThe record in figures
Capital already committed
Results announced 14 October 2026 · public offering (appel public à l’épargne) in CFA francs · target FCFA 200 billion
FCFA 338,202,640,000 raised
The second public bond offering of the year, sold to savers and investors in CFA francs. It raised far more than its target, and debt in CFA francs stays outside the scope of the debt treatment plan announced on 1 September 2026.
Ministry of Economy, Finance and Plan
SourceSubscriptions 26 February to 26 March 2026 · 3, 5, 7 and 10 years at 6.40%, 6.60%, 6.75% and 6.95% · target FCFA 200 billion
152% of the target subscribed
The first public bond offering of 2026 (appel public à l’épargne), in four maturities from three to ten years. Its proceeds help finance the 2026 budget, which pays for the schools, clinics and water services behind the seven standards.
Ministry of Economy, Finance and Plan
SourceStaff-level agreement 1 September 2026 · 36 months · SDR 1,537.1 million, 475% of quota · subject to IMF Executive Board approval
Board approval requires corrective actions on past misreporting and financing assurances from partners
Commits Senegal to raise domestic revenue, with a medium-term revenue strategy in 2027, to control spending while raising social outlays such as targeted cash transfers, and to strengthen debt management and the oversight of state enterprises. Before the Board decides, Senegal must take corrective actions on past misreporting and receive financing assurances from its partners.
International Monetary Fund
SourceApproved July 2026 · EUR 119.6 million from IDA · signed 5 August 2026 · project total $470.8 million
171 km of paved roads and 104 km of laterite tracks
Adds two road corridors to a project that has already built or upgraded 414 km of roads in farming regions. About 570,000 people benefit directly, including 221,000 along the new corridors, with easier access to markets and services.
World Bank (IDA)
SourceApproved, announced 29 June 2026 · IDA · signed 5 August 2026 · project total $85 million
Casamance and the Kédougou region
Additional finance for economic development in Casamance and Kédougou, two regions in the south and east of the country. About 850,000 people are to benefit from better services and income.
World Bank (IDA)
SourceApproved, announced 18 March 2026 · $100 million IDA credit, $20 million GFF grant, $15 million HSTRF grant · results-based
Care for mothers and newborns, health insurance for vulnerable groups, essential medicines
Expands emergency obstetric and newborn care, routine screening for women and children, effective health insurance for vulnerable groups and the supply of essential medicines, and sends health workers to underserved areas. It pays on results, which ties the money to the health standard.
World Bank (IDA)Global Financing FacilityHealth System Transformation and Resilience Multi-Donor Trust Fund
SourceApproved, announced 24 June 2025 · IDA · $105 million Program-for-Results and $10 million of technical assistance
Debt sustainability, public financial management and domestic revenue
Supports the 2025–2029 reform programme for public finance: the sustainability of public debt, financial management and the revenue Senegal raises at home. Domestic revenue is what pays for the seven standards year after year.
World Bank (IDA)
SourceApproved, announced 17 June 2025 · IDA · first phase of a wider programme
Bus rapid transit linked to the regional express train
Finances a bus rapid transit line linked to the regional express train, restructured bus networks and low-emission buses on priority corridors, and the move of informal transport workers into structured jobs. The World Bank expects it to unlock economic opportunities for 3.8 million people in the Dakar area.
World Bank (IDA)
SourceApproved, announced 21 June 2024 · IDA · first phase of a ten-year, $800 million multiphase programme
Sanitation for about 600,000 people in greater Dakar
Builds sewers and a treatment plant in parts of Pikine and Guédiawaye, reduces water losses and improves the Lac de Guiers supply. More than seven million people are to benefit from better water management, on the standard that sets Senegal’s Coverage.
World Bank (IDA)
SourceApproved 20 February 2025 · USD 20.94 million loan and USD 5.29 million grant · effective 5 March 2026 · project value $54.2 million
Through La Banque Agricole
Lends through La Banque Agricole so that farmers can invest in climate-smart practices along agricultural value chains. The Green Climate Fund expects about 687,000 people to gain greater resilience.
Green Climate FundLa Banque Agricole
SourceApproved 17 July 2026 · more than UA 26 million
About FCFA 20 billion
Supports the modernisation of tax administration, public debt management and public spending, and the reforms that follow the Court of Audit’s review of public finances from 2019 to March 2024. It also backs small businesses and young and women entrepreneurs.
African Development Bank
SourceSigned, release of 11 February 2026 · imports and exports of essential commodities
Mainly petroleum products and groundnuts
Trade finance for imports and exports of essential commodities, mainly petroleum products and groundnuts, for energy and food security. ITFC has approved US$2.8 billion for Senegal since 2008.
International Islamic Trade Finance Corporation
SourceRelease of 13 March 2026 · senior loan, about XOF 32.8 billion · IDA Private Sector Window
At least 10% for women-owned or women-led businesses
A five-year expansion of lending to micro, small and medium enterprises, including in health, education and renewable energy. IFC estimates it will help create 12,000 to 21,000 indirect jobs.
IFCSociété Générale Sénégal
SourceSigned 30 April 2026 · loan agreement
Reserved for financing small and medium enterprises
A new credit line from the ECOWAS Bank for Investment and Development to the Banque Nationale pour le Développement Economique, reserved for lending to small and medium enterprises in Senegal.
ECOWAS Bank for Investment and DevelopmentBanque Nationale pour le Développement Economique
SourceRelease of 19 December 2025 · mostly in local currency (XOF 16.4 billion) · IDA Private Sector Window
Up to 18 new grocery stores by 2027
Finances the renovation of EDK’s Low Price stores and up to 18 new grocery outlets by 2027, mainly in lower-income towns outside Dakar such as Fatick and Kaolack. About 2,450 direct and indirect jobs are expected.
IFCEDK Group
SourceRelease of 4 December 2025 · long-term, mostly local currency (XOF 12 billion) · IDA Private Sector Window
Medical equipment and dialysis consumables made in Senegal
Long-term finance for a Senegalese supplier of medical equipment and consumables that also runs a dialysis consumables production unit. It supports local supply to hospitals in Senegal and the region.
IFCCarrefour Médical
SourceRelease of 7 October 2025 · Islamic financing · IDA Private Sector Window
IFC’s first Islamic financing in sub-Saharan Africa
Islamic finance for micro, small and medium enterprises, including women-led firms, through the first fully Islamic bank in the West African Economic and Monetary Union. The bank aims to nearly triple its lending to such firms, to about $350 million over five years.
IFCBanque Islamique du Sénégal
SourceSigned 30 August 2024 · with European Union support
At least 30% for climate action and 30% for women
Finances production investment by more than 3,000 agricultural workers in cereals, horticulture, groundnuts and cashews, including irrigation, mechanisation and storage. It lends to the farms behind the food standard.
European Investment BankLa Banque Agricole
Source
Awa DiopNation Steward of Senegal · SI Researcher
Independent firms and social enterprises already at work in Senegal, highlighted by Perfect Nations. None is a partner of Perfect Nations.
A Senegalese grocery retailer whose Low Price stores sell food beyond Dakar. With IFC finance it plans up to 18 new outlets by 2027, mainly in lower-income towns such as Fatick and Kaolack.
IFC, 2025Runs urban drinking water services in partnership with the State, with continuous access to quality water for 10 million people. It has made about 200,000 cubic metres more a day available to Dakar residents.
SUEZ, 2025Two solar plants of 60 MWac in all, built under the World Bank Group’s Scaling Solar programme and commissioned in 2021. They supply nearly 540,000 people at under 4 euro cents a kilowatt-hour.
IFC, 2021Supplies medical equipment and consumables to hospitals in Senegal and the region, delivers complete health facility projects and runs a dialysis consumables production unit.
IFC, 2025The first fully Islamic bank in the West African Economic and Monetary Union, lending to micro, small and medium enterprises, including women-led firms. It aims to nearly triple that lending, to about $350 million over five years.
IFC, 202503Solutions · The seven stars · Perfect Capita
Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with Senegal in its own prices.
How Perfect Capita worksTap a star for its figure and source.
The price of Perfect Senegal
To be set with Senegal, from its own figures and in its own prices: Perfect Capita times the people of Senegal, each year.
Perfect Nations estimate, to be confirmed with Senegal. Figures marked dated rest on surveys more than five years old; lenient measures are marked as such. The strict measures
Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group. Each figure links to its source.
Solution No. 28
Operators are rewarded for safe water delivered to homes, not for pipes laid.
~14mSenegalese without safely managed drinking water at home
Green, gold and red, with a green star, under a motto that says it all: One People, One Goal, One Faith. You have kept your democracy through every test, and your new oil and gas fields have begun to flow.
“You have kept faith with democracy through every test. Now keep faith with safe water in every Senegalese home.”
Work with us · The ReDesign Studio
One mission, three depths: the same four moves for Senegal, taken as far toward market as you choose.
For the Government of Senegal, its development partners and investors. Scope and fees are agreed in writing before any work begins.
Mandate 013 hours
A private session for the people who decide.
You leave withThe gap, named and sized
Mandate 023 days
Your team and ours, working the blueprint together.
You leave withThe structure, drawn
Mandate 03End to end
Led personally by the President and CEO.
You leave withA structure ready for market
Where Senegalese and Co-designers design the nation they want to live in.
Writings
Up to 1,500 words on your vision of Perfect Senegal, published with your name.
Submit your writingVoices of Perfect Nations Launching soon
Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does Senegal already own, and how could it pay for a decent life for every citizen?”
Co-designers
Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect Senegal.
Become a Co-designerThe Senegal ReDesign Studio is open
Share your vision, suggest a guest, or write to us: every message receives a personal reply.
