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Afus199620 moved page Fund Souverain d'Investissements Stratégiques to Fonds Souverain dʻInvestissements Stratégiques
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The '''Fonds Souverain d’Investissements Stratégiques S.A.''' ('''FONSIS''', English: ''Sovereign wealth fund for strategic investments'') is a [[sovereign wealth fund]]<ref>{{Cite web/German|autor=WEF|url=https://www.weforum.org/organizatio...s/|titel=FONSIS|zugriff=2025-07-19|sprache=en}}</ref>, that manages and invests the assets of the African state of [[Senegal]].<ref name=":0">{{Cite web/German|url=https://ifswf.org/members/fonds-souverain-dinvestissements-stratégiques-sa|titel=Fonds Souverain d’Investissements Stratégiques S.A. {{!}} IFSWF|zugriff=2025-07-19}}</ref><ref>{{Cite web/German|url=https://www.swfinstitute.org/profile/598cdaa60124e9fd2d05be30|titel=Largest And Global Sovereign Wealth Fund Institute {{!}} SWFI|zugriff=2025-07-19}}</ref>
In July 2025, assets under management ([[Assets under management|AUM]]) are estimated at $1.23 billion.<ref name=":1">{{Cite web/German|url=https://globalswf.com/fund/FONSIS|titel=FONSIS (Senegal) - Fund Profile -|zugriff=2025-07-19|sprache=en}}</ref>
== History ==
FONSIS was created by Law No. 2012-34, which was passed by the Senegalese Parliament on December 27, 2012 (“Constituent Law”). This law served as the basis for the creation of FONSIS and the drafting of the fund's articles of association as a legal entity under private law. As such, FONSIS is a limited liability company (“[[S.A. (corporation)|Société Anonyme]]”) with an independent board of directors and complies with the private commercial law of [[OHADA]], the Organization for the Harmonization of Business Law in Africa, as is the case with any private company in Senegal. FONSIS is therefore established under OHADA private commercial law and the State of Senegal is its sole shareholder. As a sovereign wealth fund, FONSIS also follows standard practices by adhering to the [[Santiago Principles]].<ref name=":0">{{Cite web/German|url=https://ifswf.org/members/fonds-souverain-dinvestissements-stratégiques-sa|titel=Fonds Souverain d’Investissements Stratégiques S.A. {{!}} IFSWF|zugriff=2025-07-19}}</ref>
Similar to Gabon's [[Gabonese Strategic Investment Fund|FGIS]], Angola's [[Fundo Soberano de Angola|FSDEA]], and Nigeria's [[Nigeria Sovereign Investment Authority|NSIA]], it is a sovereign wealth fund that combines financial and economic objectives.<ref name=":1">{{Cite web/German|url=https://globalswf.com/fund/FONSIS|titel=FONSIS (Senegal) - Fund Profile -|zugriff=2025-07-19|sprache=en}}</ref>
In 2021, a cooperation agreement for investments in Senegal was announced with the Pan-African [[Afreximbank]].<ref>{{Cite web/German|url=https://www.afreximbank.com/afrexim...tion-activities-in-senegal/|titel=Afreximbank signs US$50 million partnership with FONSIS to support project preparation activities in Senegal|datum=2021-12-02|zugriff=2025-07-19|sprache=en-US}}</ref>
== Structure ==
FONSIS's main objective is to stimulate the economy and lay the foundations for a better organized, more competitive and wealthier Senegal, leading to the country's transformation by 2035. This objective shall be achieved through two main channels:<ref name=":0">{{Cite web/German|url=https://ifswf.org/members/fonds-souverain-dinvestissements-stratégiques-sa|titel=Fonds Souverain d’Investissements Stratégiques S.A. {{!}} IFSWF|zugriff=2025-07-19}}</ref>
* A “strategic fund” - intended to promote private investment in Senegal and act as an anchor investor to attract domestic and foreign private investors
* A “sovereign wealth fund” - which manages surplus government funds and invests them for future generations
== Memberships ==
FONSIS is a member of:<ref>{{Cite web/German|url=https://www.fonsis.org/fr/|titel=FONSIS – Fonds Souverains d’investissements stratégiques|zugriff=2025-07-19|sprache=fr}}</ref>
* [[International Forum of Sovereign Wealth Funds]] (IFSWF) and the [[Santiago Principles]]
* the African Sovereign Investors Forum (ASIF)
** the African Private Equity and Venture Capital Association (AVCA)
* and the One Planet Sovereign Funds (OPSWF) initiative, which brings together sovereign wealth funds to invest in accelerating the energy transition.
== Einzelnachweise ==
[[Category:2012 establishments]]
[[Category:Economy of Senegal]]
[[Category:Sovereign wealth funds]]
[[Category:Investment funds]]
[[Category:2012 establishments in Africa]]
Continue reading...
New page
The '''Fonds Souverain d’Investissements Stratégiques S.A.''' ('''FONSIS''', English: ''Sovereign wealth fund for strategic investments'') is a [[sovereign wealth fund]]<ref>{{Cite web/German|autor=WEF|url=https://www.weforum.org/organizatio...s/|titel=FONSIS|zugriff=2025-07-19|sprache=en}}</ref>, that manages and invests the assets of the African state of [[Senegal]].<ref name=":0">{{Cite web/German|url=https://ifswf.org/members/fonds-souverain-dinvestissements-stratégiques-sa|titel=Fonds Souverain d’Investissements Stratégiques S.A. {{!}} IFSWF|zugriff=2025-07-19}}</ref><ref>{{Cite web/German|url=https://www.swfinstitute.org/profile/598cdaa60124e9fd2d05be30|titel=Largest And Global Sovereign Wealth Fund Institute {{!}} SWFI|zugriff=2025-07-19}}</ref>
In July 2025, assets under management ([[Assets under management|AUM]]) are estimated at $1.23 billion.<ref name=":1">{{Cite web/German|url=https://globalswf.com/fund/FONSIS|titel=FONSIS (Senegal) - Fund Profile -|zugriff=2025-07-19|sprache=en}}</ref>
== History ==
FONSIS was created by Law No. 2012-34, which was passed by the Senegalese Parliament on December 27, 2012 (“Constituent Law”). This law served as the basis for the creation of FONSIS and the drafting of the fund's articles of association as a legal entity under private law. As such, FONSIS is a limited liability company (“[[S.A. (corporation)|Société Anonyme]]”) with an independent board of directors and complies with the private commercial law of [[OHADA]], the Organization for the Harmonization of Business Law in Africa, as is the case with any private company in Senegal. FONSIS is therefore established under OHADA private commercial law and the State of Senegal is its sole shareholder. As a sovereign wealth fund, FONSIS also follows standard practices by adhering to the [[Santiago Principles]].<ref name=":0">{{Cite web/German|url=https://ifswf.org/members/fonds-souverain-dinvestissements-stratégiques-sa|titel=Fonds Souverain d’Investissements Stratégiques S.A. {{!}} IFSWF|zugriff=2025-07-19}}</ref>
Similar to Gabon's [[Gabonese Strategic Investment Fund|FGIS]], Angola's [[Fundo Soberano de Angola|FSDEA]], and Nigeria's [[Nigeria Sovereign Investment Authority|NSIA]], it is a sovereign wealth fund that combines financial and economic objectives.<ref name=":1">{{Cite web/German|url=https://globalswf.com/fund/FONSIS|titel=FONSIS (Senegal) - Fund Profile -|zugriff=2025-07-19|sprache=en}}</ref>
In 2021, a cooperation agreement for investments in Senegal was announced with the Pan-African [[Afreximbank]].<ref>{{Cite web/German|url=https://www.afreximbank.com/afrexim...tion-activities-in-senegal/|titel=Afreximbank signs US$50 million partnership with FONSIS to support project preparation activities in Senegal|datum=2021-12-02|zugriff=2025-07-19|sprache=en-US}}</ref>
== Structure ==
FONSIS's main objective is to stimulate the economy and lay the foundations for a better organized, more competitive and wealthier Senegal, leading to the country's transformation by 2035. This objective shall be achieved through two main channels:<ref name=":0">{{Cite web/German|url=https://ifswf.org/members/fonds-souverain-dinvestissements-stratégiques-sa|titel=Fonds Souverain d’Investissements Stratégiques S.A. {{!}} IFSWF|zugriff=2025-07-19}}</ref>
* A “strategic fund” - intended to promote private investment in Senegal and act as an anchor investor to attract domestic and foreign private investors
* A “sovereign wealth fund” - which manages surplus government funds and invests them for future generations
== Memberships ==
FONSIS is a member of:<ref>{{Cite web/German|url=https://www.fonsis.org/fr/|titel=FONSIS – Fonds Souverains d’investissements stratégiques|zugriff=2025-07-19|sprache=fr}}</ref>
* [[International Forum of Sovereign Wealth Funds]] (IFSWF) and the [[Santiago Principles]]
* the African Sovereign Investors Forum (ASIF)
** the African Private Equity and Venture Capital Association (AVCA)
* and the One Planet Sovereign Funds (OPSWF) initiative, which brings together sovereign wealth funds to invest in accelerating the energy transition.
== Einzelnachweise ==
[[Category:2012 establishments]]
[[Category:Economy of Senegal]]
[[Category:Sovereign wealth funds]]
[[Category:Investment funds]]
[[Category:2012 establishments in Africa]]
Continue reading...
