The Road to the SDGs

PURPOSE X With a young and growing population (currently 16 million but expected to expand to over 21 million by 2030), Senegal benefits from political stability and a diversified economy. X As the continent’s most western city with access to the Atlantic Ocean, Senegal’s capital, Dakar, has become an African hub for the provision of products and services to the rest of francophone Africa. X IsDB’s analysis, in cooperation with the Government of Senegal, of the country’s participation in GVCs indicates that labour force might require assistance with its capacity and competencies, which are crucial for the development of transformative industries. X To help Senegal improve its participation in GVCs, IsDB’s quantitative methodology has identified five important manufacturing industries for the country: – Chemicals – Agri-food industries – Wood industries – Apparel industries – Petroleum industries. X Based on existing resources in Senegal, the structure and long-term outlook of these five industries and following discussions with the Government of Senegal, IsDB has selected petrochemicals and agri-food as the main champion industries for the country. METHOD X IsDB’s GVC analysis methodology (see page 170) was used to identify the key action points for Senegal. X To identify and subsequently develop the sectors with the most potential that Senegal needs to focus on to achieve its high value-add increase and job creation targets, IsDB deployed its GVC methodology, which uses a filtering tool to identify champion sectors and products. X GVC analysis identifies bottlenecks, capacity gaps and product potential across the value chain from the initial phase of production up to export and distribution. The interventions derived from this process will seek to address the gaps and bottlenecks in the GVCs of Senegal’s leading products/industries. X The MCPS will look to expand and upgrade the Senegalese industries that the analysis has selected for their potential as champion industries. Senegal — A post-COVID-19 restart strategy T he promotion of GVCs in Senegal will allow markets to mobilise resources for development Based on analysis of the structure and long-term outlook of the five industries identified by IsDB and following discussions with the Government of Senegal, the petrochemicals and agri-food sectors were selected as champion industries for Senegal [ 242 ] SDGs