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Despite its small size, Senegal is one of the most economically successful countries in the region, with an average 2% real GDP growth rate in 2006. Senegal is a member of the UEMOA and is keen to further regional economic integration beyond the monetary union. Senegal's main exports are peanuts, fish, petroleum products, phosphates and cotton. It remains the economic centre in the region and is the most visited country in West Africa. While Senegal used to attract mainly French and other investors from the francophone world, more and more companies from the Gulf and North Africa are looking to this new market as a centre for their West African business base.

Publisher: Oxford Business Group

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