Top sectors with potential for U.S. companies include the oil and gas sector; power generation systems and equipment; gas-to-power systems and equipment; agribusiness; agricultural equipment; automobiles/trucks and automotive parts; aircraft/aviation; construction equipment; medical equipment, accessories, and services; telecommunications equipment; software; data management systems; computers and peripherals; and logistics.
Offshore oil and gas discoveries mean Senegal will continue to attract foreign interest and investment in the sector. The GTA natural gas field, operated by U.S. firm Kosmos in partnership with BP, straddles the border with Mauritania and contains an estimated 25 trillion cubic feet of natural gas. Its first cargo of liquified natural gas (LNG) was loaded in April 2025 with a total export volume of 163,259 cubic meters. The Sangomar oil field near Dakar, operated by Woodside (Australia), had produced 3.8 million barrels of crude oil by May 2025. Senegal is currently soliciting interest in 12 offshore blocks and six onshore blocks, as well as the construction of a second oil refinery.
Senegal is seeking to replace existing heavy fuel oil and diesel-run plants with natural gas-powered plants (initially from imported LNG but eventually from local sources), and renewable sources. Senegal’s installed capacity is presently 1,431 megawatts (MW).
Major infrastructure projects include the development of a new city in Diamniadio near Dakar, healthcare and hospital upgrades, toll road development, electrical power line and distribution upgrades, fiber optic cable landings and extensions, and carrier-neutral datacenters. Construction activities fuel demand for construction equipment, particularly re-conditioned equipment.
Key commercial opportunities in the agricultural sector include farming equipment, expanded irrigation systems, postharvest handling systems, storage, and silo facilities.