Why Senegal?

Welcome to Senegal, the Gateway of Africa, the Trade Hub of West Africa. Located at the most western point of Africa, Senegal extends over an area of around 200,000 square km; bordering Mauritania, in the north, Mali in the East, Guinea Conakry, in the South East and Guinea-Bissau, in the Southwest. The Gambia and Ivory Coast are Senegal's other near neighbors’.

With a Senegalese spirit and a French soul, Dakar is unlike any other city in Africa. Situated on the most western point of Africa, Dakar is home to a rich African heritage fused with European culture and traditions. Everything from pristine beaches to amazing nightlife with a vibrant music and art scene are waiting to be discovered.

Senegal is prominent member of Economic Community of West African States 
(ECOWAS-CEDEAO), a market of 200 million consumers of 15 member states.

Capital and port city: DAKAR. Foreigners constitute about 5% of the population. They are particularly present in the capital, Dakar, where they are involved in trade, industry and service sectors as well as in international organizations

Reduction of tariff rates: Under the cover of the WAEMU, broad-based tariff reform has been implemented  in 1999 (So called common external tariff),the number of tariff categories were reduced  from 7 to 4, since 2000, there remain only 4 statutory tariff rate set at 0,5,10 and 20%. The 5% customs statistics duty has been replaced by 1 percent statistical tax on all imports. As a result of tariff reform, the average tariff rate has halved from 24 to 12 percent. Most trade within the WAEMU is free of duties.

Regional integration: Senegal is member of the West African Economic and Monetary Union

Multilateral trade agreements and WTO principles:

Senegal is a prime location offering preferential access to:

In additional to the 'Traditional' guarantees offered to investors (free transfer of funds and profits (100% repatriation of profits by expatriates), no discrimination between nationals and foreigners, and no limitation on employing expatriates), the incentives provide: