Investment Opportunities in Senegal
Senegal is the Westernmost country in West Africa, with a population of 18 million. It’s economy is mainly dependent on agriculture, raw ore, and fish which makes up about 51% all exports. That accounts for most of Senegal’s nominal GDP which is $32 billion with an annual growth rate of 6.9%. The country’s fishing industry is especially important, responsible for over 3% of the GDP and around half a million jobs nationwide(1). Other natural resources are abundant, such as iron, gold, phosphate, and recently discovered oil deposits.
Tourism is a massive part of Senegal’s economy, the tourism market specifically is expected to reach $163 million by 2025 (2). The tourist demographic consists mostly of Europeans interested in metropolitan areas and nature reserves. Popular destinations in Senegal include the capitol, Dakar, and resort/beach towns such as Saly and Petite Côte.
Dakar, Senegal
Ethmane, Yacoub
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Agriculture is also a big part of the economy, the industry accounts for 16% of Senegal’s GDP and 30% of total employment(3). Other than phosphate, the country’s biggest agricultural-related exports are rice, wheat, corn, onions, palm oil, dairy products, fresh vegetables, sugar, and potatoes. So while the agricultural sector of the country is important, it’s also underdeveloped, with around 35% of Senegal’s 3.8 million hectares of arable land and 70% of irrigable land remaining unused. Further investment and development in these sectors have the potential to stimulate growth in the economy.
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469-667-1729
Copyright © 2010 Benjis Global Investment Limited – All Rights Reserved.
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Investment Opportunities in Senegal
Senegal is the Westernmost country in West Africa, with a population of 18 million. It’s economy is mainly dependent on agriculture, raw ore, and fish which makes up about 51% all exports. That accounts for most of Senegal’s nominal GDP which is $32 billion with an annual growth rate of 6.9%. The country’s fishing industry is especially important, responsible for over 3% of the GDP and around half a million jobs nationwide(1). Other natural resources are abundant, such as iron, gold, phosphate, and recently discovered oil deposits.
Tourism is a massive part of Senegal’s economy, the tourism market specifically is expected to reach $163 million by 2025 (2). The tourist demographic consists mostly of Europeans interested in metropolitan areas and nature reserves. Popular destinations in Senegal include the capitol, Dakar, and resort/beach towns such as Saly and Petite Côte.
Dakar, Senegal
Ethmane, Yacoub
JOIN US
Agriculture is also a big part of the economy, the industry accounts for 16% of Senegal’s GDP and 30% of total employment(3). Other than phosphate, the country’s biggest agricultural-related exports are rice, wheat, corn, onions, palm oil, dairy products, fresh vegetables, sugar, and potatoes. So while the agricultural sector of the country is important, it’s also underdeveloped, with around 35% of Senegal’s 3.8 million hectares of arable land and 70% of irrigable land remaining unused. Further investment and development in these sectors have the potential to stimulate growth in the economy.
Contact Info
Social Media
Links
Benjis Global Investment Limited
469-667-1729
Copyright © 2010 Benjis Global Investment Limited – All Rights Reserved.
Home
About Us
Countries
Investment Opportunities in Senegal
Senegal is the Westernmost country in West Africa, with a population of 18 million. It’s economy is mainly dependent on agriculture, raw ore, and fish which makes up about 51% all exports. That accounts for most of Senegal’s nominal GDP which is $32 billion with an annual growth rate of 6.9%. The country’s fishing industry is especially important, responsible for over 3% of the GDP and around half a million jobs nationwide(1). Other natural resources are abundant, such as iron, gold, phosphate, and recently discovered oil deposits.
Tourism is a massive part of Senegal’s economy, the tourism market specifically is expected to reach $163 million by 2025 (2). The tourist demographic consists mostly of Europeans interested in metropolitan areas and nature reserves. Popular destinations in Senegal include the capitol, Dakar, and resort/beach towns such as Saly and Petite Côte.
Dakar, Senegal
Ethmane, Yacoub
JOIN US
Agriculture is also a big part of the economy, the industry accounts for 16% of Senegal’s GDP and 30% of total employment(3). Other than phosphate, the country’s biggest agricultural-related exports are rice, wheat, corn, onions, palm oil, dairy products, fresh vegetables, sugar, and potatoes. So while the agricultural sector of the country is important, it’s also underdeveloped, with around 35% of Senegal’s 3.8 million hectares of arable land and 70% of irrigable land remaining unused. Further investment and development in these sectors have the potential to stimulate growth in the economy.
Contact Info
Social Media
Links
Benjis Global Investment Limited
469-667-1729
Copyright © 2010 Benjis Global Investment Limited – All Rights Reserved.
Home
About Us
Countries