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Senegalese Faye Presents Investment Opportunities with Corporate Council on Africa

Senegalese President Bassirou Diomaye Faye met the Corporate Council on Africa and its member companies in Washington to present investment opportunities.

By Ajong Mbapndah· ·2 min read ·New York, USA
Senegalese President Bassirou Diomaye Faye meeting Corporate Council on Africa representatives in Washington
Senegalese President Bassirou Diomaye Faye meeting Corporate Council on Africa representatives in Washington

Senegalese President Bassirou Diomaye Faye met with Corporate Council on Africa (CCA) President and CEO Florie Liser and representatives of its member companies in Washington, DC, on September 14, 2026, as his government stepped up efforts to attract American investment and strengthen economic ties between the two countries.

The meeting, held during Faye’s working visit to the United States, focused on opportunities for expanding trade, investment and commercial partnerships, with Senegal seeking to position itself as an attractive destination for American businesses.

According to CCA, Liser congratulated President Faye on developments surrounding Senegal’s proposed new International Monetary Fund (IMF) program and his government’s efforts to restructure its Eurobonds, describing both as positive signals to investors. The proposed IMF program remained subject to the necessary approval processes.

President Faye briefed the delegation on investment opportunities in mining, local processing, energy and infrastructure, identifying the sectors as priorities for partnerships with American companies.

The focus on local processing reflects Senegal’s ambition to derive greater value from its natural resources, while investments in energy and infrastructure are expected to support industrial development, improve connectivity and create opportunities for businesses operating in the country.

Faye also emphasized that Senegal was looking for investment partners rather than donors, with a particular interest in projects capable of creating jobs, improving services and delivering benefits to Senegalese citizens.

For CCA and its member companies, the discussions provided an opportunity to hear directly from Senegal’s leadership about the country’s economic priorities and areas where American businesses could contribute capital, technology and expertise.

CCA President and CEO Florie Liser reaffirmed the organization’s commitment to promoting Senegal’s investment opportunities among American companies during talks with President Faye.

CCA welcomed the engagement and pledged to present Senegal’s investment opportunities to its members while working to increase two-way investment between the United States and Senegal.

The organization reaffirmed its commitment to connecting American businesses with African markets and promoting commercial partnerships across the continent.

The Washington talks also offered Senegal an opportunity to engage a wider network of American companies at a time when the country is seeking fresh investment to support its economic priorities.

Beyond the CCA meeting, President Faye’s investment outreach included discussions with American technology company Cybastion on September 14. Following the engagement, Cybastion announced a proposed partnership with Senegal covering cybersecurity, digital infrastructure, digital government services and workforce development.

The proposed projects include a sovereign data center and measures to strengthen Senegal’s cybersecurity capabilities and digital sovereignty. They are intended to support the country’s New Deal Technologique and Senegal 2050 development agenda, although financing and implementation arrangements remain to be finalized.

The Cybastion discussions added a technology component to Faye’s Washington investment agenda, complementing his engagement with CCA on opportunities in mining, energy, processing and infrastructure.

For Senegal, the challenge now is to convert the interest generated during the Washington meetings into firm investment commitments, commercially viable projects and partnerships that create jobs and support the country’s long-term economic ambitions. (Source: Pan African Visions/Buziness Africa)