About Senegal

Gateway to a large market of more than 300 million consumers in Africa

Senegal is one of the most stable countries in Africa, with three peaceful political transitions since independence in 1960. Senegal is one of the most successful economies in sub-Saharan Africa. For several years now, the economy has recorded sustained growth of more than 6%. Its long history of social and political stability and its ever-improving business environment make it a safe destination for investment. Senegal is a member of CEDEAO, a regional bloc of 15 countries (approximately 360 million inhabitants) to promote economic integration in different sectors, including transport, energy, industry, agriculture, resources natural resources and trade.

  • 90 million potential consumers in UEMOA.
  • More than 300 million potential consumers in CEDEAO.

Senegal is also a member of the West African Monetary Union (UEMOA), a regional organization of 8 countries and 112 million inhabitants, whose mission is to promote economic integration by strengthening the competitiveness of their economies within the framework of an open and competitive market and a harmonized legal environment.

As an important member of the above economic blocs, and thanks to its strategic position, Senegal is a gateway to a large market of more than 300 million consumers in Africa, a region with one of the most high growth rate in the world, 6.8 %% in 2016.

Strategic Geographical Position

Senegal is located on the extreme western tip of Africa, in its most advanced part in the Atlantic Ocean. This strategic geographical location places Senegal on the border of investment and trade opportunities in the region. Senegal links Africa to the rest of the world; it also serves as an important gateway to the main export markets in Europe, Asia and the Americas. Economic indicators have been constantly improving for several years.

Event Location:
Centre international de conférences Abdou Diouf (CICAD) Dakar, SENEGAL

Construction Industry

• Senegal will host the Youth Olympic games in Senegal in 2026 and will need more road and hotel infrastructure.
• Senegal’s state-owned railway company, Grands Trains du Senegal S.A. (GTS), recently unveiled a program to revamp the national rail and logistics space in Senegal, entailing the rehabilitation of 209 km of rail, the rehabilitation and construction of nine stations and rest stops, acquisition of rolling stock, construction of two depots and five dry port terminals, and the acquisition of 12 cranes. This project will eventually be extended to revitalize the historical rail links between Dakar and Bamako, Mali.