Senegal’s population of 16m is situated on the Atlantic Coast of West Africa. With robust and sustained annual economic growth at 6% or above since 2014, and a considerable multifaceted investment and reform programme under way, the country is well positioned to see a sustained influx of foreign capital as economic momentum builds. Senegal’s solid macroeconomic performance is underpinned by its relatively strong and long-running status as one of the most stable countries in the region.
Economic zones in Africa have had a significant impact on trade volumes across the continent, as well as on job creation and foreign direct investment inflows.
While West Africa is one of the largest producers of cotton, it has the ability to process less than 2% of the crop locally; around 90% is exported to markets in Asia, where value is added through spinning and weaving.
In this Growth and Recovery video, powered by technical solutions provider and engineering firm JESA, we explore opportunities to leverage investment and expertise to develop critical power infrastructure in...
The African PE industry has become increasingly complex and diverse, with the arrival of global institutional investors in recent years paving the way for some of the world’s largest firms to enter the market. Between 2014 and 2019 the total value of the 1053 PE deals reported in Africa reached $25.4bn. While deal volumes have maintained an upward trend, their value has gradually eased, suggesting growing investor interest but smaller deal sizes. Moreover, in addition to consumer-driven industries, PE fund managers have diversified their strategies to invest across a variety of sectors such as IT, renewable energy, infrastructure and real estate.
For many countries across Africa, agriculture remains one of the most important sectors of the economy. Agriculture accounts for 14% of total GDP in sub-Saharan Africa, and a majority of the continent’s population is employed in the sector.
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