Country Overview:

IOA has focused our research coupled with consulting activities into all sectors of Senegalese life. Our analysts have identified that, while the country has one of Africa’s best-developed tourism sectors, foreign aid is still required to assist national development, particularly to address poverty. The economy is diversified, and benefits from a well-developed port, competent infrastructure and trade links. The Senegalese have excelled in academic pursuits that have contributed to nation building. Politically, the country is one of West Africa’s most stablethe most stable in Africa.

A diversified economy finds agriculture, fishing and tourism balanced by construction, mining and a growing services sector. However, the state has too great a presence in the economy, constraining economic freedoms. Industry is led by artificial fertilizers, cement, chemicals, food processing, the refining of imported fuels and textiles.