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Importation of Petroleum Products
Details
Location:Senegal
Status:Approval
Sectors:Energy, Private Sector & Trade
Languages:English
Contracting authority:
Description
Importation of Petroleum Products Country: Senegal Borrower: Societe National d'Electricite du Senega Financing Type: Private Sector & Trade Finance Instrument: Trade Focus Area: Financial Approved: 12.12.2023 Signed: 17.12.2023 Status: Ongoing Loan Admin
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tender Background
About the Funding Agency
OPEC Fund for International Development
The OPEC Fund for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC). OFID was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment," and called for measures to strengthen cooperation between these countries.
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms
Locations
Senegal
Senegal has undertaken significant infrastructure expansion under long-term national development strategies, including major road corridors, port modernisation, urban mobility projects and new energy capacity. Recent investments linked to emerging oil and gas production are expected to bolster fiscal space and infrastructure financing. Continued reforms in public-private partnerships, industrial policy and regional trade integration aim to ensure infrastructure supports inclusive growth and competitiveness across West Africa.
Nr. of tenders: 16784
Nr. of grants: 3542
Nr. of donors: 746
Nr. of jobs: 53
Nr. of tenders: 16784
Nr. of grants: 3542
Nr. of donors: 746
Nr. of jobs: 53
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