While trailing the world-beating performance of its near neighbour Côte d’Ivoire, Senegal’s economy has seen stellar growth since 2014, benefiting from one of Africa’s most stable political systems, as well as significant infrastructure investment.
Although restrictions related to the coronavirus outbreak will impact the economy, the country is still set to be one of Africa’s best performers in 2020, trailing only Uganda and Ethiopia among the continent’s largest economies. And with some of west Africa’s largest oil and gas projects due to come on stream from 2022 onwards, the country’s economic prospects look rosy.