Senegal is accelerating its economic transformation with a clear and ambitious vision,
driven by the new Senegal Agenda 2050, the roadmap that guides major projects
strategic aspects of the country and its consolidation as a regional hub. This momentum translates into
significant investments in infrastructure, energy and logistics, further reinforced by the
Recent gas and oil discoveries are redefining its economic potential and
opening up new business opportunities. This sustained growth, in turn, generates a
growing demand for solutions in infrastructure, water management and telecommunications,
key sectors in which Spanish companies have differential capabilities to
to position themselves and actively participate in the development of the country.
With a population of nearly 19 million in 2025, the country is consolidating itself as
one of the most dynamic markets of West Africa and a growing regional hub.
The growth of the middle class is driving the economy, with its consumption habits, leisure activities,
Sport and tourism are increasingly influenced by European models, which opens up new possibilities.
Opportunities for companies in the consumer goods, entertainment, and services sectors
tourist.
According to International Monetary FundSenegal maintains a solid pace of expansion, with
real GDP growth estimated at around 6% in 2025, driven by the start of the
hydrocarbon production and public investment. In parallel, Spanish exports
Exports to Senegal show a positive trend: in 2024 they grew by around 12%,
reaching 1.100 billion euros, which reinforces Spain's position as one of the
The country's main European trading partners. The companies' good reputation.
Spanish companies allow not only the successful development of projects in Senegal, but also having a local partner.
It facilitates market knowledge and strengthens the company's presence, also allowing
expand projects to other countries in the region and become a target market for
more than 100 million people.
Looking ahead to 2026, Senegal anticipates strategic investments exceeding USD 5.000 billion in
Energy, transport, water, construction, tourism and digitalization, opening up opportunities
relevant to Spanish companies in engineering, logistics, renewable energy, equipment
industrial and urban services.
Program:
10.00 Welcome
Mr. Miguel Bufalá
International Coordinator, Madrid Chamber of Commerce, Industry and Services
10:10 Senegal, as a gateway for Spanish companies to West Africa
• Key macroeconomic factors and strategic positioning
• Business and investment opportunities for Spanish companies
• Major development projects in Senegal – key sectors
• Tips and best practices for accessing the market
Mr. Miguel Martinez Istillarte – Managing Partner Spain
DJ Joaquín Gerard García – Managing Partner Senegal
Jokoo Internationalization Consultants
10:30 The legal and fiscal framework for operating in Senegal
Ms. Anne-Sophie FIRION, Managing Partner
RoAnn Africa Legal Consulting
10.50 Spanish business success story in Senegal
Mr. Diego Ramírez, Production Director
SATEC Group
10:40 Questions and closing
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