Pinsent Masons advises IFC on landmark investment to boost Retail sector in Senegal
09 Jan 2026 | 02:06 pm |
Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, on its landmark investment of €25 million in Groupe EDK, Senegal’s foremost retail and large-scale distribution operator.
The investment will accelerate access to innovative retail, advance food security, assist creating jobs and support Senegal’s Vision 2050 to boost sustainable and inclusive growth.
The investment is designed to help modernize the EDK existing Low-Price stores and opening up 18 new grocery outlets by 2027, primarily in lower-income cities outside of Dakar. This expansion is expected to create 2,450 jobs with a strong focus on promoting women’s inclusion.
By improving access to affordable products and stimulating local economic growth, this high-impact investment will deliver significant social and economic benefits for communities across Senegal.
The Pinsent Masons dedicated team was led by Paris Finance & Projects Partner Eran Chvika and included Léa Fournier, Noëlle Fajardy, Charles Bressant and Melissa Benalouane.
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons advises FTI Consulting on sale of CX Lavender key client business to Omnicom Oceania
Multinational law firm Pinsent Masons has advised FTI Consulting, in its capacity as administrators of the CX Lavender group, on the sale of the company's key client-related business and associated workforce to Omnicom Oceania via its subsidiary, Clemenger BBDO Pty Ltd. The transaction completed in Q2 2026.
Pinsent Masons advises University of Manchester on landmark student accommodation redevelopment
Multinational law firm Pinsent Masons has advised The University of Manchester on the largest student accommodation design, build, finance and operate (DBFO) project ever undertaken by a UK university.
Pinsent Masons advises EDF power solutions and ESB on strategic partnership with Sumitomo Corporation in Gwynt Glas Offshore Wind Farm
Multinational law firm Pinsent Masons has advised EDF power solutions and ESB on the sale of a one-third interest in the Gwynt Glas Offshore Wind Farm to Sumitomo Corporation, marking an important milestone in the development of one of the UK's most significant floating offshore wind projects.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons MPillay appoints finance partner in Singapore
Pinsent Masons MPillay has expanded its financing capability in Singapore and the Asia Pacific region with the appointment of Jessica Loy as a partner.
Pinsent Masons MPillay advises Asian Development Bank on funding of submarine cable connecting Vanuatu and New Caledonia
Pinsent Masons MPillay has advised the Asian Development Bank (ADB) on the financing for the design, construction and installation of a 411-kilometre submarine cable connecting the Pacific nations of Vanuatu and New Caledonia.
Pinsent Masons advises International Finance Corporation on milestone Bhutan investment
Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, on its first ever investment in Bhutan’s energy and infrastructure sectors.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]