Senegal responded early on in the pandemic by implementing extensive measures to curb the spread of the coronavirus. Although this West African country has suffered relatively few cases so far, the pandemic has hit the economy, in particular micro, small and medium-sized enterprises.
In order to mitigate the pandemic’s economic and social impact on the country, the Special Initiative is also redirecting its activities, implementing targeted economic stabilisation measures there to preserve jobs and secure investments in Senegal. It is thus helping to consolidate the positive trends in Senegal’s economic development on a long-term basis.
The Facility Investing for Employment aims to support the creation of employment opportunities in Africa. It does so by offering co-financing grants for new investment projects with a high job creation impact. The Call for Proposals in Côte d’Ivoire, Ghana, Rwanda, Senegal, and Tunisia is open until 30 June 2022.
Companies with investment projects that have the potential to facilitate women’s access to finance and access to employment, are invited to participate in this Call for Expressions of Interest. The Facility Investing for Employment (IFE) has launched an online survey that is open from 1 April to 15 May 2022.
The 9th World Water Forum, Dakar 2022, took place in Senegal from 21 to 26 March. Germany was among those represented at the event with a joint stand hosting German private sector and development cooperation actors.
Harness the opportunities that Invest for Jobs offers your company to preserve jobs and secure investments. Our experts will be happy to answer your queries.
Senegal has been undergoing a steady process of political
stabilisation since the presidential elections in 2012. Its
market-friendly economic system is also increasingly attracting private
investment. The pro-reform national development strategy is currently
focusing on promoting the food industry and the digital economy. The Special Initiative aims to provide targeted support to these promising
business sectors in Senegal. In collaboration with our Senegalese
partners, we are developing attractive business hubs, including
industrial and business parks. However, our activities are not limited
to the food-processing industry or the information and communications
We will be happy to help you harness the many different investment
opportunities that exist in Senegal. We offer a tailor-made package of
advice, contacts and financial support to help you identify and overcome
specific investment obstacles. More information about our broad range
of offerings is available here.
Are you a small or medium-sized Senegalese enterprise? We can help you enhance your competitiveness or tap into new markets.
You can find further detailed information about Senegal and the country’s current economic data here:
of the population is younger than 25 (2020)
of companies in Senegal are micro, small and medium-sized enterprises (MSME) (2017)
of GDP generated by agriculture (2018)
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