Inward Investment in Senegal

In March 2018 the Turkish leader announced deals worth almost US $600 million in Senegal, the latest sign that foreign investment in Senegal is gradually shifting eastward. France, Senegal’s former colonial ruler, has long dominated foreign investment. Since 2003, however, the country has seen a surge in interest from further afield. According to the UN Conference on Trade and Development (Unctad), most new foreign investment projects have come from non-western countries, including $2.8bn from the United Arab Emirates, $1.23bn from ...