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Senegal

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Location

Senegal

Capital

Dakar

Official languages

French, Wolof

Population

17,763,163

Currency

West African CFA Franc

ISO 4217

XOF

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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"Senegal has seen a steady growth in its economy over the past few years. According to the World Bank, the country's GDP grew by 6.7% in 2019, and is projected to grow by 6.2% in 2020. This growth is largely driven by the services sector, which accounts for nearly 60% of the country's GDP. The agricultural sector is also a major contributor to the economy, accounting for around 25% of GDP. In addition, the manufacturing sector has seen a steady increase in its contribution to the economy, accounting for around 15% of GDP.

The country has also seen an increase in foreign direct investment (FDI) over the past few years. According to the United Nations Conference on Trade and Development (UNCTAD), FDI inflows to Senegal increased from $1.2 billion in 2018 to $1.5 billion in 2019. This increase is largely due to the country's efforts to improve its business environment and attract more foreign investment.

Overall, Senegal's economy is showing signs of steady growth and is well-positioned to continue its positive trajectory in the coming years."

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