Market Report: Senegal
By Clémence Derycke on December 13, 2018
Seen as one of the most robust economies in Western Africa, Senegal is also a model of stability in the sub-region. Tourism has proved to be one of the most important elements of the country’s economy, representing almost 10 % of Senegal’s GDP. Thanks to the government’s efforts, mainly through the Plan for an Emerging Senegal (PSE), several structural projects (transport infrastructure, new tourist resorts) are ongoing to promote and develop tourism in the country. These actions have put Senegal on the map for foreign investors, most notably through hospitality and retail developments.