Toure has also been the driving force behind government effort to press ahead with the long-delayed trial of former Chadian leader Hissene Habre, who is accused of crimes against humanity during his 1982-1990 rule.
Senegalese President Macky Sall appointed former justice minister Aminata Touré (pictured) as the country's new prime minister after sacking a previous government on Sunday.
"The president has asked me to form and lead a new government...I have accepted the job," said Toure, 51, who is a member of Sall's ruling APR party.
Sall fired former Prime Minister Abdoul Mbaye a little more than a year after naming the former banker to head the government after he won a March 2012 presidential election.
Presidential spokesman Abou Abel Thiam did not say why Mbaye, who was not a member of any political party, was sacked.
Sall won a hotly contested presidential election in March 2012 against veteran incumbent Wade, promising to tackle poverty and corruption as a priority and reduce the cost of running the West African state's government.