The Company National Electricity Company of Senegal (senelec style="font-size:14.0pt; font-family: "Bookman Old Style”, serif; mso-fareast-font-family: “Times New Roman”; mso-bidi-font-family:arial; color:black; mso-color-alt:windowtext; Mso-fareast-language:fr">) has launched a 120 billion bond issue FCFA (approximately $214.8 million), structured by BOAD Securitization. The information announced on Wednesday October ¹, 2025, comes from the organizers.

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Senelec will give in its due and unpaid invoices to the financial market through an operation of unprecedented securitization, whose products will finance both the transition energy and the expansion of access to electricity. This operation, called “FCTC Senelec 2025-2030”, is a first in Africa for a public company, combining debt securitization and double certification international, “Green Bond and Sustainability-Linked Bond”. Securitization relates to overdue and unpaid invoices issued by LaSenelec style="font-size:14.0pt; font-family: "Bookman Old Style”, serif; mso-fareast-font-family: “Times New Roman”; mso-bidi-font-family:arial; color:black; mso-color-alt:windowtext; mso-fareast-language:fr"> at public administrations, embassies and large private companies. According to the information, the operation was structured in several 2030 maturity brackets. Senior bonds, worth 83 billion CFA francs, carry an interest rate of 8.15%. Les mezzanine and junior units, representing 37 billion FCFA, offer a return of 10%, some being issued at zero coupon. Reimbursement of Principal and interest payments will be paid on a semi-annual basis until 2030.

“Times New Roman”; mso-bidi-font-family:arial; mso-fareast-language:en"> According to BOAD Securitization, half of the resources mobilized, approximately 63 billion CFA francs, will finance green projects: renewable energies, energy efficiency and reduction of CO emissions ₂ : “Times New Roman”; mso-bidi-font-family:arial; color:black; mso-color-alt:windowtext; mso-fareast-language:en">.

for the senelec Style”, serif; mso-fareast-font-family: "Times New Roman”; mso-bidi-font-family:arial; mso-ansi-language:fr; mso-fareast-language:fr; mso-bidi-language:ar-sa">, this operation is important. The company, which covers almost 80% of the Senegalese population, aims for universal access to electricity and diversification of its energy mix. The Senegalese government aims to reach 40% renewable energies by 2030, while preparing the exploitation of gas fields and the import of liquefied natural gas