General Overview:
With economic growth currently hovering around 6.5%, the dynamism of the Senegalese economy offers exciting prospects for investors. To streamline the administrative processes for investment, the Senegalese government established the National Agency for Investment Promotion and Major Projects (APIX) in 2000. Its mission is to:
* Support foreign and domestic investors in carrying out their projects in Senegal;
* Promote the economic image and attractiveness of Senegal as an investment destination;
* Oversee the improvement of the business environment;
* Contribute to the national effort to upgrade infrastructure;
* Provide quality services to investors;
* Reform the business environment.
Furthermore, APIX has a “One-Stop Shop” service, bringing together all the relevant administrative bodies involved in the assessment and processing of certain formalities and approvals, to offer investors a privileged and simplified business environment. The Business Creation Office (BCE), for example, now allows you to set up your company in 24 hours.
Please feel free to visit the APIX and/or BCE websites for further information.