Senegal

Overview

Senegal, officially the Republic of Senegal, is a country south of the Senegal River in western Africa. Senegal is bounded by the Atlantic Ocean to the west, Mauritania to the north, Mali to the east, and Guinea and Guinea-Bissau to the south.

Economy

Senegal’s economy is driven by agriculture and that sector is the primary source of employment for the rural areas. The country's key export industries are phosphate mining, fertilizer production, and commercial fishing. The country is also working on iron ore and oil exploration projects. Senegal relies heavily on donor assistance and foreign direct investment. President Macky Sall, who was elected in March 2012 under a reformist policy agenda, inherited an economy with a weak infrastructure, challenging business environment, and a culture of overspending that still plagued the country in 2013. The IMF completed a non-dispersing, Policy Support Initiative program in December 2010 and approved a new three-year policy support instrument to assist with economic reforms. The economy continues to suffer from unreliable power supplies and rising costs of living, which has led to public protests and high unemployment and has prompted migrants to flee Senegal in search of better job opportunities in Europe.

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26 Matters
Restructure your company in a taxation-optimal way

Company restructuration - Senegal

We advised a law firm regarding the corporate restructuring of its Senegal-based mining corporation client. Our advice included an overview... More

Investing in francophone Africa? Our team can give you the legal lay of the land

Comprehensive regulatory advice - OHADA region

We provided a comprehensive overview of pharmaceutical and corporate law across the OHADA region for an international pharmaceutical... More

Want to expand your non-profit to Senegal? Call John W Ffooks & Co

Organizational expansion advice - Senegal

We counselled an international NGO on establishing a formal presence in... More

Connecting IT to quality legal advice in OHADA

Data protection advice across the OHADA region

We advised a leading IT services company on the rules for data protection across the OHADA region. This involved ensuring compliance for... More

Bolstering Bulge Bracket bank for their ISDA transactions

ISDA transactions in Ivory Coast & Senegal

We advised a Bulge Bracket bank on Ivorian and Senegalese ISDA-based transactions. We reviewed for them: Procedures on closing financial... More

Legal counsel for your cross-border banking needs

Cross-border leasing - Senegal

We advised a banking company financing projects and equipment on cross-border leasing and provision of cross-border equipment finance... More

Planning retail banking services? We can help with the legalities

Cross-border sales advice - Senegal

We advised a leading UK High Street bank on the marketing and sale of retail products in Senegal. Our advice focused on the legal and... More

Ensuring your ISDA transactions close

Derivatives and ISDA transactions - Senegal

We advised a major merchant bank engaging in currency swaps with a sovereign counterparty and examined in detail the rules and laws... More

Managing your collateral in Africa

Collateral management & warehousing - OHADA & Madagascar

We advised a London-based law firm on warehouse receipt financing as well as collateral management systems in Madagascar and Burkina Faso,... More

Getting retail banking right in francophone Africa

Retail banking in francophone Africa

We advised a leading international bank on regulatory compliance for retail banking in Francophone Africa, such as license requirements,... More

Crafting expert advice on bankruptcy law

Guide on bankruptcy law - OHADA region

We wrote the chapter on bankruptcy in the OHADA region for Thomson Reuter's Inside the Minds: Bankruptcy Law Client Strategies in the... More

Swapping derivatives in Africa

Derivatives - Cameroon, Ivory Coast, & Senegal

We advised a major French bank on its planned swaps transactions in Cameroon, Ivory Coast, and... More

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