Self-sufficiency: Operation Goana in Senegal
Emblematic of Senegalese agricultural policy under the Wade era, the Great Agricultural Offensive (Goana) for food and abundance, an overview of the main investors in Goana and its prospects.
The Goana, a Senegalese specificity
Launched in 2008 at the instigation of the former President of the Republic of Senegal Abdoulaye Wade, the Great Agricultural Offensive for Food and Abundance aimed to strengthen the country's food self-sufficiency, particularly in rice.
In the mid-2000s, Senegal imported 80% of its rice consumption, the staple of the national dish: thiep bou dien.
Following the food crisis of 2007 and 2008 and formal warnings from the International Monetary Fund (IMF), Dakar opted for a policy of land allocation and industrialization of the agricultural sector.
An ambitious objective, with an initial budget of 344 billion CFA francs.
This is enough to give hope to the Senegalese agricultural sector, which occupies 70% of the population and represents 15% of GDP, but is faced with major structural difficulties: rural exodus, demographic challenge, Sahelian climate, lack of hydraulic installations, deficiencies fertilizer supply, low yields, etc.
The launch of Operation Goana has strengthened the historic ties between the economic fabric of Senegal and French companies. According to the Chamber of Commerce and Industry of Paris Ile-de-France (CCIP), France stands out as Senegal's leading supplier, its 2nd European customer and its 4th global customer.
Similarly, France retains its leadership in terms of investment in Senegal, with a stock of foreign direct investment of nearly 800 million euros (about 524.765 billion FCFA).
This French participation in the Goana operation revolves around several companies, firmly established in the country: Grands Moulins de Dakar (Mimran group), Moulins Sentenac, Société nationale des canneries du Sénégal (SNCDS), Eiffage (ex-Fougerolle) for infrastructure, etc.