A stable democracy with opportunities for growth
Senegal is a stable democracy. The country is considered as the "safe haven of West Africa". An abundance of fish stocks aside, the country with its coastal location has few resources and two-thirds of its surface area are in the Sahel region. As a result, the economy is becoming ever more focused on the services sector, where there are good opportunities for growth. Many young workers are well educated and versed in IT. Additionally, Senegal has favourable conditions for information technology infrastructure. The country therefore has good prospects of an economic upturn. KfW Development Bank is primarily promoting programmes for energy efficiency, renewable energy and access to energy, to support economic progress and meet the growing demand for energy.