Financial Places
 
 
Username:
 
Password:  
 

Lost Password

 
Financial Places Home Page
About FP
Advertise Opportunities at Financial Places
Publication Information
News for the financial market
Calendar of Events
Central Banks & Associations
Glossary
 

 

 

 

 
SENEGAL
Local Time
Country Fact Sheet

Location

It is a country south of the Senegal River in western Africa. Senegal is bounded by the Atlantic Ocean to the west, Mauritania to the north, Mali to the east, and Guinea and Guinea-Bissau to the south. The Gambia forms an enclave within Senegal, following the Gambia River more than 300 km inland. The Cape Verde islands lie some 560 km off the Senegalese coast.

Capital

Dakar

Surface

196,190 sq km

Population

12,000,000 people

Currency

CFA Franc

GDP

Purchasing power parity - $20.56 Billion

GDP/capita

Purchasing power parity - $1,800

Language

French, Wolof

Religion

Muslim (94%), Christian (4%), Others (2%)

Government

Republic; President Abdoulaye Wade, the Prime Minister: Macky Sall

Time Zone

GMT -1 hour

Telecom Code

+221

Airport

Leopold Sedar Senghor Airport - Dakar, Saint Louis Airport- Saint Louis

Driving

On right hand side of the road, license required

Electrical

230V, 50Hz

Political climate

Relatively stable

 
Local Business & Service Providers
Financial services
Legal and fiduciary
Financial
Technology
Business travel
Image identity Consultancy
Corporate incentives
Automotive services
Accommodations
Lifestyle
 
History
Archaeological findings throughout the area indicate that Senegal was inhabited in prehistoric times. Islam, the dominant religion in Senegal, first came to the region in the 11th century. Today, 95% of Senegalese are Muslims. In the 13th and 14th centuries, the area came under the influence of the Mandingo empires to the east; the Jolof Empire of Senegal also was founded during this time. Various European powers came to the area from the 15th century onward, until France ended up in possession of what had become an important slave trade departure point. Independence from France was gained in 1960, on April the 4th.

In January 1959, Senegal and the French Sudan merged to form the Mali Federation, which became fully independent on June 20, 1960, as a result of the independence and the transfer of power agreement signed with France on April 4, 1960. Due to internal political difficulties, the Federation broke up on August 20. Senegal and Sudan (renamed the Republic of Mali) proclaimed independence. Léopold Senghor was elected Senegal's first president in August 1960.

After the breakup of the Mali Federation, President Senghor and Prime Minister Mamadou Dia governed together under a parliamentary system. In December 1962, their political rivalry led to an attempted coup by Prime Minister Dia. Although this was put down without bloodshed, Dia was arrested and imprisoned, and Senegal adopted a new constitution that consolidated the President's power. In 1980, President Senghor decided to retire from politics, and he handed power over in 1981 to his handpicked successor, Abdou Diouf.

Senegal joined with The Gambia to form the nominal confederation of Senegambia on February 1, 1982. However, the union was dissolved in 1989. Despite peace talks, a southern separatist group in the Casamance region has clashed sporadically with government forces since 1982. Senegal has a long history of participating in international peacekeeping.

Abdou Diouf was president between 1981 and 2000. He encouraged broader political participation, reduced government involvement in the economy, and widened Senegal's diplomatic engagements, particularly with other developing nations. Domestic politics on occasion spilled over into street violence, border tensions, and a violent separatist movement in the southern region of the Casamance. Nevertheless, Senegal's commitment to democracy and human rights strengthened. Diouf served four terms as President. In the presidential election of 2000, opposition leader Abdoulaye Wade defeated Diouf in an election deemed as free and fair by international observers. Senegal experienced its second peaceful transition of power, and its first from one political party to another.

On December 30, 2004 President Abdoulaye Wade announced that he would sign a peace treaty with the separatist group in the Casamance region.

 
Local Radio
FM Radio AM Radio

 

92.0 RFI 1 Afrique  

 

105.6 BBC World Service  
 
Local Weather Forecast
BBC Weather http://www.bbc.co.uk/weather/
Reuters http://today.reuters.co.uk/weather/default.aspx?weathertype=editWeather
 
Government Agencies
 
Country Index N-Z

_Nauru

_Netherlands

_Nevis

_New Zealand

_Nigeria

_Niue

_Pakistan

_Panama

_Poland

_Republic of Chad

_Saba

_Saint-Barthelemy

_Saint-Martin

_San Marino

_Saudi Arabia

_Senegal

_Seychelles

_Sierra Leone

_Singapore

_Sint Eustatius

_Slovakia

_Slovenia

_South Africa

_St. Kitts & Nevis

_St. Lucia

_St. Vincent & Grenadines

_Sweden

_Switzerland

_Syria

_Taiwan

_Tonga

_Trinidad and Tobago

_Turks and Caicos Islands

_United Arab Emirates

_U.S.V.I. (Virgin Islands)

_Uruguay

_Vanuatu

_Western Samoa

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
Terms & Conditions
Copyright © 2007 Financial Places. All rights reserved.