AfDB and Senegal

The African Development Bank and Senegal have a long history of cooperation, dating back to 1972. Since that time, the Bank has financed 66 national projects in several sectors with a total investment of approximately US $ 1.1 billion or 532 billion CFA francs. Infrastructure projects make up 39.4 per cent of the Bank’s investment in Senegal, compared to 21.3 per cent for the social sector and 18.7 per cent for rural projects. In the private sector, the AfDB has financed four operations amounting to US $248 million.

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Senegal Economic Outlook

Economic growth is projected to increase from an estimated 6.8% in 2017 to 7% in 2018, fueled by the secondary sector (projected to grow 7.4%) and the tertiary sector (projected to grow 7%). Demand is driven primarily by increased gross fixed capital formation (which grew 8.9% in 2017). The budget deficit is projected to drop from 3.7% in 2017 to 3% in 2018; the current account balance is projected to drop to 5.2% in 2018. This marked improvement from 2015–16 is due to robust exports, particularly of phosphate, peanuts, and zircon.

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Key Facts

Capital: Dakar
Area: 197,000 sq km
Total Population 2017: 16.1 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 17.0 Billion
GNI Per Capita 2015: US$ 1,000
Inflation Rate: 1.89%
Crude Birth Rate (per 1000): 36.20%
Human Development Index (rank / 188): 162
Human Development Index (scale 0 to 1): 0.494
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 1.4 Billion

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Senegal Country Office

Groupe de la Banque africaine de développement
Immeuble Coumba, 2eme étage
Route de Ngor, Zone 12
Les Almadies
BP 50544 - CP 18524 RP
Dakar, Sénégal

Tél : +221 338200888/338697544
Fax : +221 338200999

Mr Serge N'guessan, Country Manager

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

TEL. : (+225) 20 26 40 47

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