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 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 forges strategic partnership with Legora
Multinational law firm Pinsent Masons has today announced its global firmwide strategic partnership with leading legal AI platform Legora following an extensive pilot programme across its corporate, commercial and property groups.
Pinsent Masons advises Q ENERGY on second-life wind farm project in France
Pinsent Masons has advised Q ENERGY on the design and drafting of a refurbishment contract for an innovative wind project in France, relying exclusively on second-hand wind turbines. The project, scheduled for commissioning in 2028, represents a significant step forward in the integration of circular‑economy principles within the renewable energy sector.
People who viewed this press release also viewed
Show me all press releasesPinsent 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.
Pinsent Masons advises on funding of Vietnam’s first large-scale LNG-fueled power plants
Multinational law firm Pinsent Masons has advised PetroVietnam Power on the funding of the US$1.4 billion Nhon Trach 3 and Nhon Trach 4 LNG-to-Power plants, which will be the first large-scale LNG plants in Vietnam.
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]