Boosting business in Senegal

euronews (in English)

by euronews (in English)

Improving the business environment is Senegal’s goal. The country is already among the 10 most competitive in sub Saharan Africa.

With political stability, Senegal expects a growth rate of seven percent by 2017. It has set an ambitious goal: a top 10 ranking in Doing Business in Africa 2015.

Last year, the authorities launched a vast programme of reforms for the competitive business environment.

Euronews correspondent Serge Rombi reports from Dakar on some of those reforms: “Since last year here in Senegal, the main administrative procedures within a company are now carried out entirely paper-free.”

The first important point is on cross-border trade. According to the latest report on competitiveness in Africa, the costs of moving and transporting containers at the port of Dakar have been reduced by 25 percent.

For the authorities, that is because the time to import and export is now a maximum of nine days.

“Today in Senegal, there are no more paper documents when going through