Multiparty democracy, robust institutions, social and political rights, freedom of expression: Senegal is a model for Africa. Senegal’s stability is cited worldwide as an example and presents a moderate risk (Credit Risk International).
An influential player in Africa, Senegal is a signatory to international conventions protecting the environment, human rights, trade, copyright, employment law, etc. Senegal is known for its leadership in major decisions favoring Africa.
A private sector driven economy
Extensive privatization has profoundly transformed broad sectors of Senegal’s economy. Investors of international repute are now present in strategic sectors such as water, telecommunications, energy, tourism, transportation.
These economic reforms have led in some areas to the creation of regulatory bodies to ensure fair competition for the benefit of both investors and consumers.
Teranga: A legendary welcome
At the crossroads of West Africa, Senegal blends a rich tapestry of influences combining modernity and respect for tradition. Dakar, a modern and dynamic capital, reflects this openness to the world.
Teranga is the hospitality traditionally shown to foreigners to help them make their stay in Senegal a successful one. The people of Senegal are strongly attached to Teranga and will go out of their way to ensure the well-being of their guests.
Senegal is a country of trade and exchange, where any investor, regardless of origin, is free to settle and develop his or her project in the best possible conditions. Senegal has simplified procedures for both tourists and foreign investors.