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Senegal

Neither borders nor boundaries stop this executive from Senegal

Anta Babacar had just returned to Senegal from Paris, where she was studying at prestigious universities and working for a multinational company. At the time, she thought that her experience abroad would help build Sedima, her family’s poultry business back home. But a meeting with Sedima’s general director – her father – ended unexpectedly. Instead of being assigned a desk, she was sent to a farm to learn the basics of raising chickens. “I was really convinced I was getting an office job,” says Anta Babacar. “I had an MBA, a master’s degree, I knew the business, was born with the chickens. What else he could ask for?”

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Senegal – another big rebasing to GDP

BY

We think Senegal is one of the good news stories in sub-Saharan Africa, which will be reinforced as GDP is revised up by perhaps 30% in 2018.

Senegal was one of only two sub-Saharan African countries to be upgraded in 2017

Senegal is the only sub-Saharan African country we follow to get upgraded in 2017, from B1 to Ba3 by Moody’s in April. This put it one notch above the B+ S&P rating which is unchanged since 2000. In the rest of sub-Saharan Africa over 2017, only Burkina Faso received an upgrade from B- to B; it is also in the West Africa Economic and Monetary Union (WAEMU). There are IMF programmes with virtually every one of the WAEMU member states, which may be helping this positive trend. We have assumed no further change in Senegal’s ratings, but after this week’s visit to Dakar, we see upside risk to ratings in 2018-2019.

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Senegal To Launch Internet Exchange Point End Of August

By Staff

Two years after it was announced, the Senegal Internet Exchange Point (SENIX) is scheduled for official launch on 29 August, according to Cheikh Bakhoum, Chairman of the Board of Directors at SENIX and Director General of Senegal’s State Information Technology Agency (ADIE). Bakhoum said the exchange point would be launched in the country’s capital city of Dakar and would bring about a revolution in the country’s telecoms ecosystem. SENIX is the result of collaboration between 23 partners including the industry regulator, ISPs, telecom operators, and tech companies.

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New Senegal Start-Up Focuses On Training Young Coders

By Staff

Senegal’s tech scene has been slow to get off the ground due to a lack of qualified coders. But a locally run company is trying to change that, while also helping young people find jobs. Local tech start-ups are tackling day-to-day conveniences in the capital, Dakar. Firefly, a digital advertising company, places TV screens in public buses, but has struggled to find qualified web and mobile app developers in Senegal.

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