Fifteen Luxembourg companies active in a variety of fields have embarked on the Grand Duchy's first economic mission in Senegal on 1 and 2 February 2016.

The economic mission was officially launched at an opening ceremony co-chaired by the Minister of Budget, Birima Mangara, and the Ambassador of Luxembourg in Senegal, Martine Schommer.

Luxembourg businesses involved in logistics and transportation, information and communication technologies, renewable energies and services joined the mission as a means of deepening and diversifying the relations between the two countries, which has thus far been predominantly based on development cooperation. Luxembourg has been a committed partner to Senegal for over twenty years, accompanying it on its path of emergence and development.

With this in mind, the Grand Duchy is looking to develop an agreement with Senegal which would see it further involved in the private sector, prompting this first economic mission in the country. The idea arose in September 2015 during a visit to Luxembourg by the Minister of the Economy, Finance and Planning of Senegal. On this occasion, the Minister presented the Plan Emergent Senegal, the Government's strategy to facilitate an emerging Senegal, to Luxembourg companies and spoke of investing in Senegal. He also met with players in Luxembourg's financial centre, under the aegis of Luxembourg for Finance (LFF).

The first Luxembourg economic mission to Senegal was organised by the Luxembourg Chamber of Commerce and the Embassy of Luxembourg in Dakar, and will aim to mark the beginning of a new stage of relations between the two countries.

 

Photo by MAEE (Luxembourg's Minister of Foreign Affairs, Jean Asselborn (right) with Senegal counterpart, Mankeur Ndiaye, at African Union Summit 2016 in Addis Ababa)