A coast in Senegal

INVESTING IN

Senegal

Your opportunities in one of Africa’s most promising markets: Senegal

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 technology sector.

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:

61

per cent
of the population is younger than 25 (2021)

99.8

per cent
of companies in Senegal are micro, small and medium-sized enterprises (MSME) (2017)

74.6

per cent
increase in foreign direct investment between 2018 and 2020 (GTAI)

This is how Invest for Jobs supported companies in Senegal during Covid-19 pandemic

Since the beginning of the coronavirus pandemic, Invest for Jobs has supported local businesses with economic stabilisation measures. The aim was to preserve jobs and secure investment for the time being. To achieve this, Invest for Jobs engaged in close dialogue with local partners.

These measures contributed to maintaining the positive trends in the economic development in Senegal throughout the pandemic.

An employee sews a mask © Sylvain Cherkaoui

Contact

We are looking forward to hearing from you

Press contact

Phone: +49 30 / 18 535-28 70 oder -24 51

Fax: +49 30 / 18 535-25 95

E-Mail: presse@bmz.bund.de

Please understand that the Press Office only answers questions from journalists.