The Senegalese government and the West African Development Bank (boad ) ) ont announced the launch of the Senegal Asset Valuation Fund (Fovas) on Monday November 24, 2025.

The Senegal Asset Valuation Fund is a instrument intended to group the main public infrastructures in within the same structure. The aim of the launch is to mobilize additional funding for the State by valuing public assets. The Fovas program is set up as Senegal seeks to strengthen its financing strategy without resorting to debt restructuring recommended by the FMI . Instead, the government wants to diversify its domestic revenue sources and optimize the use of existing funds.

The fund aims to transform infrastructure existing in income-generating assets. Eligible assets include roads, ports, airports, public buildings and logistic facilities. The fund will structure its commercial activity in order to to generate revenue, which will then be used to finance new projects and to support economic growth.

This launch comes as Senegal introduces several fiscal measures to boost revenue, including taxes on games of chance, tobacco, alcoholic beverages, money transfers and cash transactions.