Senegal - 2014
26th – 28th February 2014
Purpose of the trip
Senegal is one of the more stable countries on the continent, enjoying three peaceful political transitions since 1960. Despite West African macro shocks, Senegal has consistently grown at 5% per annum. Heralded as an efficient oasis with a strong services industry, Senegal has forged a strategic relationship with Saudi Arabia, who are financing an infrastructure boom across the country. Invest Africa was hosted by our local partner, Ibrahima Cheik Diong, who facilitated meetings with high-level government officials and introduced the team to respected business leaders.
Meetings
Yerim Sow – Founder, Teylium Group
Abdoulaye Wade – Former President of Senegal
CNP Senegal – Business trade union of Senegal
APIX – Investment Promotion Industry
Outcomes
Agriculture Research: a member of our delegation, buoyed by the clear potential of Senegal’s agriculture sector, returned to Dakar and carried out extensive research on the market
Power Mandate: a member of the delegation is now working on a live power mandate
Research Report: a detailed research report detailing the thoughts and findings of the trip has been widely circulated and cited by prominent members of the African investment community