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Investing in Senegal: The Key Sectors of ATV 2024

Investing in Senegal is a possibility for many people looking to create or increase their wealth. While real estate remains a universal reference in investment, the land of Teranga also offers other opportunities. Agriculture, digital technology, livestock farming, renewable energy, real estate, and commercial representation are among them. West Africa, in fact, is currently gaining traction in attracting investors. The region has been ranked the fourth most attractive globally for investment. Due to the saturation of other markets in Europe and elsewhere, West Africa has the advantage of offering tremendous development potential. In this article, we will explore the key sectors for investing in Senegal in 2024.

AGRICULTURE

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With almost 3 quarters of its arable land and 3 rivers, Senegal has a predisposition for agri-food activities. First of all in 2006 with the REVA plan (Return to Agriculture) and the GOANA Plan in 2008, the desire of the last Senegalese governments was to increase efforts towards the agri-food sector. Thus, President Macky Sall developed during his 2 mandates from the start of his mandate in 2012 the “Food Self-Sufficiency” project, with for example a production of rice and onions multiplied by two over the first 6 years, or further unblocking of certain imports, aiming to guarantee local producers obtaining more attractive prices. The Patriotic Holidays imagined by Ousmane Sonko followed the same objective: to allow Senegal to become a self-sufficient country in terms of food.

The President of the Republic Bassirou Diomaye Faye, elected in 2024, said he wanted to make agriculture in Senegal the spearhead of the country's economy.

Investing in Senegal in this sector is therefore far from meaningless. The advantage lies in the fact that this type of investment is not only reserved for big budgets. This is a possibility open to all budgets. In addition, local organizations are present to finance certain projects such as Foncis. The latter notably contributed to the financing of 200 million CFA Francs for the start-up Rassoulna, based in Saint-Louis.

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DIGITAL

Investing in Senegal represents a significant opportunity for those interested in digital technology. Internet access in Senegal has been one of the government's top priorities. We have previously developed an article on the opportunities digital technology offers for the real estate sector.

Internet access in Senegal is currently at 50%, and this number increases every year. Additionally, and this is a general characteristic of Africa, 75% of users access the web only through their smartphones. This is why it is often said that Africa is clearly ahead in this area, with phone-based payment systems, money transfers, and more.

Therefore, there is a tremendous opportunity to invest in the digital sector in Senegal. The advantage is that even today, many services could benefit from being digitized. Consequently, we are seeing many digital start-ups emerging in Senegal, offering all kinds of services.

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BREEDING

At Africa Trade Vision, At Africa Trade Vision, we are passionate about the economic potential of livestock farming in Senegal and firmly believe in its key role in the sustainable development of the country. As an investment platform specializing in this promising sector, we offer you a comprehensive range of profitable and sustainable investment opportunities.

Senegal provides ideal conditions for livestock farming, with its favorable climate, vast agricultural lands, and access to water. The Senegalese government has also implemented policies that are conducive to investment in the livestock sector, making it an attractive choice for both national and international investors.

By investing in livestock farming in Senegal, you have the opportunity to contribute to the country's economic development while achieving significant returns. Whether you are a beginner or an experienced investor, our team of experts is here to guide you through the entire investment process, providing you with the necessary information to make informed decisions.

When you invest with us, you will benefit from a number of advantages. First, you will have access to exclusive investment opportunities, with the ability to choose the project that best aligns with your goals and investor profile. Additionally, we provide ongoing support to investors, including regular performance reports on projects and expert advice to maximize your return on investment.

If you are ready to seize the opportunities offered by the livestock sector in Senegal, we are here to assist you. Explore our website to learn more about our investment projects and feel free to contact us for any further information.

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RENEWABLE ENERGY

Welcome to Africa Trade Vision, your online destination for sustainable and environmentally friendly energy solutions. We are passionate about renewable energies and are committed to providing our customers with high-quality products that help them reduce their carbon footprint and contribute to the preservation of our planet.

We firmly believe that the future of energy lies in renewable sources such as solar energy, wind energy, hydro energy, and many others. That’s why we have carefully selected a wide range of innovative products to enable you to transition to cleaner and more sustainable energy.

The shift to renewable energies is not just about reducing your environmental impact; it is also a wise investment. By opting for sustainable energy solutions, you can save on your electricity bills in the long term while contributing to a cleaner future for generations to come.

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REAL ESTATE

At Africa Trade Vision, we understand that buying or renting a home is a significant decision, and we are here to support you every step of the way. Our extensive catalog of properties includes a variety of options tailored to all needs and budgets. Whether you're looking for a spacious family home, a modern apartment in the city center, or a charming villa near the sea, we have what you need.

We work closely with experienced real estate agents and reliable property owners to offer you quality listings. Each property is carefully selected and verified to ensure accurate descriptions and high-quality images. Our goal is to provide you with a seamless and hassle-free real estate search experience.

We strive to deliver top-notch customer service. Our team of experts is available to answer all your questions, guide you through administrative procedures, and support you throughout the buying, selling, or renting process. We understand that each client is unique, which is why we are committed to finding the real estate solution that perfectly matches your needs and desires.

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