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Senegal

Discover Senegal, an important and reliable partner to Canada.

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  1. Senegal
  2. Country and Market Info

Evaluating the market in Senegal

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis

How does EDC determine the position?

EDC takes the following into account when determining the position in a given market:

  • Government of Canada restrictions
  • Political, human rights and corruption risks
  • Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Senegal

Senegal is a trading hub and has one of the largest economies in the West African Economic and Monetary Union (WAEMU) sub-region. The tax and legal systems are well-developed and amenable to foreign investors and the government has worked to cultivate diverse links with investors in the US and Europe. The main security risk is the re-emergence of the separatist rebellion in the southern Casamance region and ongoing instability in neighbouring Guinea Bissau. Other operational barriers include susceptibility to corruption and the propensity for labour unrest, although these are considered relatively minor.

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Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

Or send us a question and we’ll get back to you as soon as possible. Send a question.

Date modified: 2018-05-14

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