Senegal

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    Senegal is one of the most stable and industrialized countries in West Africa.

    The country is a member of sub-regional organizations such as UEMOA (Economic and Monetary Union of West Africa), ECOWAS (Economic Community of the States of West Africa), the OHADA (Organization for Harmonization in Africa Business Law) and the OAPI (African Intellectual Property Organization).

    General Information

    • President of the Republic of Senegal : Mr. Macky Sall, elected in 2012
    • Nature of the state : Democratic Republic
    • Total population:15,084,690 inhabitants
    • Capital:Dakar ; estimated population (2011) : 3,630,324 inhabitants
    • Mayor : Soham El Wardini since september 2018
    • Area : 196,722 km

    Some Economic indicators

    GDP : US$ 16.37 billion 2017 Economic activity by sector : Value added (in % of GDP) :

    Primary sector : 16.2%. The main crops are groundnuts, cowpea, cassava, melons, millet, rice and corn. Fishing is also an important source of revenue.

    Secondary sector : 23.6%. It is based primarily on the production of fertilizers and phosphoric acid exportd to India and peanut processing (oil and meal for livestock) and seafood.

    Tertiary sector : 60.2%. This sector features, in particular, excellent telecommunications infrastructure, which favors investments in telecommunication services and Internet.

    Economic Partners around the world

    Customers : France / Guinea / Mali / India / Switzerland

    Suppliers : China / France / Nigeria / Netherlands / United Kingdom

    The WTC Dakar team helps you to capitalize on the opportunities of the country.

    • A stable and open country

    Located on the Atlantic coast of Africa, Senegal is a privileged gateway to the West-African sub-region.

    • A competitive and healthy economy

    The Senegalese economy has proven resistant in a context of global economic and financial crisis. The 2012 economic indicators and projections for 2013 prove the economic stability of the country. Several reforms and measures have been taken by the government to maintain the growth of the country and increase international investments.

    • A privileged access to the regional and international markets

    Trade relations are facilitated by a privileged access to the regional and international markets. Thanks to a unique geographical location and multiple international agreements, Senegal offers various business opportunities.

    • Modern infrastructures

    The country has put implemented several projects aiming to improve its infrastructures in order to comply with international standards. Thanks to its harbor, Dakar offers ideal access conditions to West Africa for all types of goods intended for import and/or export.

    • Renovated legal and fiscal frameworks

    Administrative procedures and practices are simplified in order to promote private international investment. An incentive policy based on legal, fiscal and customs arrangements is constantly updated.

    • Human Resources

    Senegal’s university system is well-known throughout the continent, and boosted by agreements with prestigious international universities. The public authorities have consistently adapted training and educational programs in line with the economic and social developments (agri-business, sustainable energy, new information and communication technology…).

    • A unique living environment

    The country offers an exceptional living environment. Living in Senegal, whether it is for a few months or a few years is a rewarding professional and human experience. Senegal’s cultural heritage is an undeniable asset recognized beyond its borders.