Port Autonome de Dakar

EAIF: US$108m

New National Port of Dakar and Special Economic Zone (SEZ).


  • The current port is constrained by its location in central Dakar with the city
    surrounding it.
  • The port is considered to be one of the city’s main contributors to traffic congestion, as trucks must enter the city precinct.
  • The port is also constrained as it has no deep-water access.
  • The port is one of the major ports of west Africa and a key driver of potential economic growth.
  • Under-investment in port equipment has resulted in limitations in port cargo processing capabilities, an old and inefficient port lay-out means delays and congestion.


  • EAIF acted as anchor of the regional XOF bond to finance the construction of a new modern port facility and Special Economic Zone. The bond, a regional offering to the XOF region of west Africa totalled XOF 60bn (US$107m).
  • The 7-year bond will finance the first phase of relocating the Port of Dakar and the construction of a new Special Economic Zone at Popinguine-Ndayane, near Dakar.
  • The deep-water port will have enhanced road and rail networks access into the west Africa region, securing Dakar’s position as a regional trade hub.
  • Construction expected to begin in late 2022.


  • The port is a ‘4th generation’ industrial port, and will be one of the most advanced ports in Africa.
  • Turnaround times will fall by between a half and two thirds.
  • A “Green port” strategy includes a largescale tree planting programme.
  • An additional 400 jobs will be created when the port relocates.
  • c.3,000 construction jobs.
  • EAIF promoting improvement of bond market efficiency through better transparency, covenants and reporting on ESG/HSES standards.
  • A new City district rejuvenation project in the location of the old port.

Applying for project support

If you are looking for debt finance for an infrastructure project in sub-Saharan Africa please talk to us.

EAIF mainly supports private sector infrastructure projects to create new or expand existing facilities. We welcome enquiries from companies in Africa and worldwide that want to grow their businesses in sub-Saharan Africa and share our commitment to the continent and its peoples. Enquiries are also welcome from  financial advisers and specialist consultants.