PROJECT

Projects

Summary of Investment Information

Project Number

52315

Company Name

SOCIETE GENERALE SENEGAL SA

Date SPI Disclosed

Mar 9, 2026

Country

Senegal

Region

Africa

Projected Board Date

Feb 26, 2026

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Apr 13, 2026

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : Feb 26, 2026
Signed : Mar 6, 2026
Invested : Apr 2, 2026

Sector

Commercial Banking - SME Finance

Additional Project Attributes

Blended Finance

Project Description

The proposed project is an up to 5-year Senior Loan (SL) of up to EUR50 million (circa. $59.7 million) for Société Générale Sénégal (SGSN or the Bank), to expand access to finance for underserved Micro, small and medium-sized enterprises (MSMEs), including women-owned/led MSMEs (WMSMEs), in Senegal. In addition, subject to further approvals, the project is expected to be supported by a pooled first loss guarantee (PFLG) of up to US$40 million provided by International Development Association (IDA) 20 Private Sector Window Blended Finance Facility (IDA20-PSW BFF) allocated to the SME Envelope under the MSME Finance Platform. The SL will continue to support the development of SGSN's lending activities to MSMEs and to WMSMEs in Senegal, which is part of the West African Economic and Monetary Union (WAEMU) region.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation