The Ministry of Energy, Petroleum and Mines (MEPM) had its 2026 draft budget adopted by the National Assembly on Tuesday, November 11, 2025, during the examination before the Finance Committee and the Energy Committee.

Defended by Minister Birame Soulèye Diop, this budget reflects a strong government priority for securing supply and accelerating the energy transition.

The overall budget for the MEPM for 2026 is as follows:

Commitment Authorizations (CA): 267,100,146,561 CFA francs

 

Payment Credits (PC): 130,097,966,646 CFA francs

This level of strategic investment aims to consolidate Senegal's energy sovereignty, in line with the Senegal 2050 Vision.

Minister Diop presented to the members of parliament the three pillars of the sector's policy for the coming year:

Universal Access and Reliability: Modernize electrical infrastructure and strengthen domestic production to guarantee reliable and affordable energy.

Sustainable Resource Development: Promoting local content, transparency and on-site processing of oil, gas and mineral resources.

Accelerating the Transition: Diversify the energy mix and massively develop renewable energies (solar, wind, clean natural gas).

Senegal maintains its ambition to reach 40% renewable energy in its national mix by 2030, while reducing its dependence on fossil fuel imports.

The 2026 budget is intended to finance several major strategic projects, which are designed to support growth and job creation:

Energy Infrastructure: Strengthening of the interconnected electricity network and modernization of SENELEC.

Green Energy: Deployment of new solar and wind power plants.

Hydrocarbons: Continuation of the flagship projects Sangomar and GTA (Grand Tortue Ahmeyim), marking the entry into the oil and gas era, and construction of gas infrastructure.

Mining: Implementation of a mining development plan focused on local processing (zircon, phosphate, gold).

These investments aim at energy security, reducing the cost of electricity, and creating thousands of jobs in the mining and energy sectors.

The MEPM also contributes to the Green Budget 2026 through emission reduction projects, notably via the use of clean gas and energy recovery from waste.