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Economy of Senegal and business opportunities

Economy of Senegal

Predominantly rural, and with limited natural resources, the Economy of Senegal gains most of its foreign exchange from fish, phosphates, groundnuts, tourism, and services. The agricultural sector of Senegal is highly vulnerable to variations in rainfall and changes in world commodity prices. The former capital of French West Africa, is also home to banks and other institutions which serve all of Francophone West Africa, and is a hub for shipping and transport in the region.

Senegal also has one of the best developed tourist industries in Africa. Senegal depends heavily on foreign assistance, which in 2000 represented about 32% of overall government spending-including both current expenditures and capital investments-or CFA 270.8 billion (U.S$. 361.0 million). Senegal is a member of the World Trade Organization.

The fishing sector has replaced the groundnut sector as Senegal's export leader. Its export earnings reached U.S.$239 million in 2000. The industrial fishing operations struggle with high costs, and Senegalese tuna is rapidly losing the French market to more efficient Asian competitors.

Phosphate production, the second major foreign exchange earner, has been steady at about U.S.$95 million. Exports of peanut products reached U.S.$79 million in 2000 and represented 11% of total export earnings. Receipts from tourism, the fourth major foreign exchange earner, have picked up since the January 1994 devaluation. In 2000, some 500,000 tourists visited Senegal, earning the country $120 million.

Senegal has well-developed though costly port facilities, a major international airport serving 23 international airlines, and direct and expanding telecommunications links with major world centers.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Senegal"

Global Tenders has one of the largest database of international and national tenders/competitive bids, procurement news, project information, contract awards, related to Senegal from all over the world..

This section contains economy and business opportunities and from Senegal.
Senegal Economy Senegalese Economy, business opportunities in Senegal.
Summary:
Selection of a consultant to support ANASER in raising awareness among road users through the sponsorship of events and activities on road safety
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
07 May 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Printing and delivery of teacher guides, student tools and alphabet boards in the regions of Sédhiou, Thiès, and Ziguinchor
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
10 Jun 2024
Posting Date:
22 Apr 2024
 
 
 
Summary:
Rehabilitation And Construction Of The Cpdt Enclosure Wall In 12 Divisible Lots
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
17 May 2024
Posting Date:
20 Apr 2024
 
 
 
Summary:
Printing And Delivery Of Teacher Guides, Student Tools And Alphabet Boards In The Regions Of Sédhiou, Thiès And Ziguinchor
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
10 Jun 2024
Posting Date:
20 Apr 2024
 
 
 
Summary:
Lrps-2024-9189595 Procurement Of Tier-1 Maintenance Technician Support Services For The United Nations House In Diamniadio, Senegal Open New Window
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
02 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Acquisition Of Sports Materials And Equipment (Jerseys, Trophies, Balls, Medals, Throwing Weights, Whistles, First Aid Kits, Etc.)
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
30 Apr 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Recruitment Of An Agency For The Organization Of A Team Building From May 6 To 10 Open New Window
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
23 Apr 2024
Posting Date:
17 Apr 2024
 
 
 
Summary:
Purchase of office supplies and IT consumables
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
24 Apr 2024
Posting Date:
17 Apr 2024
 
 
 
Summary:
Acquisition of one SUV
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
03 May 2024
Posting Date:
17 Apr 2024
 
 
 
Summary:
Procurement for Gym equipment
Country:
Senegal
 
Notice Type:
Tender Notice
Deadline:
10 May 2024
Posting Date:
17 Apr 2024
 
 
 

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