EENI Global Business School

Business in Senegal, Port of Dakar

Syllabus of the Subject

Foreign Trade and Business in Senegal. Dakar, Thies

  1. Introduction to the Republic of Senegal (West Africa)
  2. Senegalese Economy
  3. International Trade of Senegal
    1. Customs Clearance of imported goods in Senegal
  4. Business and Investment Opportunities in Senegal:
    1. Agriculture and agribusiness
    2. Aquaculture
    3. Teleservices and information technology
    4. Livestock
    5. Infrastructures
  5. Case Study: Senegalese companies;
    1. SODEFITEX
    2. SONATEL
    3. SUNEOR Group
  6. APIX - Investment Promotion and Major Projects (Invest in Senegal)
  7. Access to the Senegalese market
  8. Business Plan for Senegal
Senegalese personalities
  1. Leopold Sédar Senghor
  2. Sheikh Anta Diop
  3. Pathé Diagne

The objectives of the subject “International Trade and Business in Senegal” are the following:

  1. To analyze the Senegalese Economy and Global Trade
  2. To know the business opportunities in Senegal
  3. To explore the Senegalese trade relations with the country of the student
  4. To know the Senegalese Trade Agreements
  5. To examine the profile of Senegalese companies
  6. To understand the role of Senegal as a gateway to West Africa
  7. To develop a business plan for the Senegalese market

E-learning Doctorate and Masters in International Business

The Subject “Foreign Trade and Business in Senegal” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, Islamic Business, World Trade.

Doctorate in International Business (DIB) Online

Business in West Africa.

Foreign Trade and Business in West Africa

Masters: Business in Africa International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Languages: Masters, Doctorate, International Business, English or Study Doctorate in International Business in French Sénégal Masters Foreign Trade in Portuguese Senegal Study Master Doctorate in International Business in Spanish Senegal.

  1. Credits of the subject “Doing Business in Senegal”: 2 ECTS Credits
  2. Duration: two weeks

Area of Knowledge: Africa.

We Trust in Africa (Affordable Higher Education for Africans)

International Trade and Business in Senegal.

Senegal is one of the less corrupt African Countries. Improved business climate.
Gateway to the West African region.

Transport and Logistics in Africa. Corridors, ports

Port of Dakar, Senegal. Access to Mali, Maritime Transport

African Economic Integration

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. Rotterdam Rules
  4. Hamburg Rules (Sea)

African Institutions (AU, AFDB, AUDA-NEPAD, UNECA)

  1. Economic Commission for Africa
  2. African Union
    1. AU Convention on Preventing and Combating Corruption
    2. AUDA-NEPAD
    3. Africa Agriculture Development Programme
  3. African Development Bank
  4. Africa-Asia Partnership

Islamic Organizations. Arab League

  1. Afro-Arab Cooperation
  2. BADEA
  3. OIC

Globalization and International Organizations

  1. CPLP (observer country)
  2. WB
  3. WTO
  4. IMF
  5. International Organization of Francophonie
  6. UN

Organization for the Development of the Senegal River

The Republic of Senegal.

  1. Senegalese Area: 196,712 km²
  2. Senegalese Population: 13.5 million people (48 people per km²)
  3. 25% of the population is concentrated in the Dakar region
  4. 55% of the Senegalese are under 20 years
  5. Official name: Republique du Senegal
  6. Senegalese Capital: Dakar (2.45 million people)
  7. The largest Senegalese cities are Dakar, Guédiawaye, Kaolak, M'bour, Pikine, Rufisque, Saint-Louis, Thiès, Touba and Ziguinchor
  8. The Senegalese official language is French
  9. Other languages are Wolof, Diola, and Mandingo
  10. Senegalese Independence: 1960 (France)
  11. Legal System in Senegal: based on the French civil law
  12. Senegal shares borders with Mauritania, Mali, Guinea, Guinea-Bissau, and the Gambia
  13. Ahmadou Hampaté Bá studied in Senegal

More information about Senegal (EENI African Business Portal).

Main religions in Senegal:

  1. Islam (95% of Senegalese population)
  2. African Traditional Religions

Islam and Global Business. Islamic Economic Areas

Senegal belongs to the West African Economic Area.

Leopold Sédar Senghor, Senegalese Politician, Intellectual, and Poet (Africanist, Senegal)

Foreign Trade (Importing, Exporting)

Senegalese Economy:

  1. The Republic of Senegal (Africa) initiated in the last years a deep privatization programme of the public companies (telecommunications, energy, tourism, or transport)
  2. Senegal has invested more than any other West African nation in the telecommunication's sector; Senegal is positioned as the regional leader
  3. The economy of Senegal remains dominated by the tertiary sector (60% of the Senegalese GDP)
  4. The primary and secondary sector contributes 20% each to the Senegalese GDP
  5. Senegal is the first nation to have been rated as B +/Stable/B in West Africa (Standard and Poor's)
  6. The Central Bank of West African States is located in Dakar
  7. Senegalese GDP growth: 4.8%
  8. Inflation in Senegal: 1.3%

Business in Senegal:
International Trade and Business in Senegal

APIX. The Senegalese Agency for export Promotion is an integrated platform of export services for companies and associations.

Companies:

SODEFITEX (Development Society of Textile fibers) was created March 15, 1974 as a public company. On November 13, 2003; it has been privatized, has augmented its capital from 750 million to 3 billion CFA francs, and became the SOCIETY and DEVELOPMENT OF TEXTILE fibers.

Sonatel Group provides an exhaustive telecommunication solutions in the fields of fixed, mobile, Internet, television and data services to individuals and companies. Leader in Senegal and Mali since 2002, Sonatel is a global and sub-regional reference. Within the West African Economic and Monetary Union, Sonatel has been a hub of Senegal (platform) subregional and a major player in the development of telecommunications in Africa and the world. Sonatel is a business structure for the Senegalese economic development.

Group SUNEOR is the first food company in Senegal. The company's activities are based on two operating divisions:
1. The manufacturing and marketing of food products
2. Groundnut sector in Senegal.

SONACOS (Senegal) is a company whose activity is decisive for the internal and external balance of Senegal. Prime factor in social stability by revenue it generates within the country as part of a tour organized, the peanut is both a cash crop and food crop. For export revenues it brings, peanuts offer a significant contribution to the trade balance even though its importance has declined. The SONACOS is undergoing privatization. The tender was launched by the Ministry of Finance and the Government is seeking a strategic investor who has International references serious, proven technical expertise and the financial means to support this revival, take over and finally to realize its sector fullest potential.

Trans-Sahelian Highway: Senegal, Mali, Burkina Faso, Niger, Nigeria, Cameroon, and Chad (Road Transport)

Sheikh Anta Diop (Historian, Senegal) Relations between the Egyptian civilization and Black Africa

Dakar-Lagos Trans-African Corridor (Mauritania, Senegal, the Gambia, Guinea-Bissau, Guinea, Sierra Leone, Liberia, Ivory Coast, Ghana, Togo, Benin, and Nigeria)