Senegal

Senegal, a country of West Africa that came from the merger of French colonies, is one of the most stable and important countries in Africa. Even before independence, Senegalese troops in the armies of the French Union were highly respected. It now is a participant in regional development and stability.

History

Second World War

The capital, Dakar, was an important regional seaport, and the site of conferences.

Trans-colonial

The French colonies of Senegal and the French Sudan were merged in 1959 and granted their independence as the Mali Federation in 1960. The union broke up after only a few months. Senegal joined with The Gambia to form the nominal confederation of Senegambia in 1982, which also was short-lived and ineffectual.

Current governmental activity

Security

In cooperation with 15 countries and the United States Africa Command, Senegalese personnel, operating from Mali, conducted security Exercise Flintlock, which was the first operational deployment of the U.S. V-22 Osprey aircraft, which may be especially appropriate for African distances. Air Force Special Operations Command received the Osprey in 2006, and first deployed to Mali,8. The Ospreys carried Malian and Senegalese special operations soldiers and their command team. Lt. Col. Eric Hill, leading the 8th Special Operations Squadron (SOS), onserved "The tyranny of distance in the African continent is amazing. We were able to go over 500 nautical miles, infiltrate a small team for them to run their exercise, and bring them back all the way to home base without doing an air refueling stop. And we were able to do that in the span of about four hours. "

Economy

"In January 1994, Senegal undertook a bold and ambitious economic reform program with the support of the international donor community. This reform began with a 50% devaluation of Senegal's currency, the CFA franc, which was linked at a fixed rate to the French franc, and now to the euro. Government price controls and subsidies have been steadily dismantled. After seeing its economy contract by 2.1% in 1993, Senegal made an important turnaround, thanks to the reform program, with real growth in GDP averaging over 5% annually during 1995-2008. Annual inflation had been pushed down to the single digits. As a member of the West African Economic and Monetary Union (WAEMU), Senegal is working toward greater regional integration with a unified external tariff and a more stable monetary policy. High unemployment, however, continues to prompt illegal migrants to flee Senegal in search of better job opportunities in Europe. Senegal was also beset by an energy crisis that caused widespread blackouts in 2006 and 2007. The phosphate industry has struggled for two years to secure capital. Reduced output has directly impacted GDP. In 2007, Senegal signed agreements for major new mining concessions for iron, zircon, and gold with foreign companies. Firms from Dubai have agreed to manage and modernize Dakar's maritime port and create a new special economic zone. Senegal still relies heavily upon outside donor assistance. Under the IMF's Highly Indebted Poor Countries (HIPC) debt relief program, Senegal has benefited from eradication of two-thirds of its bilateral, multilateral, and private-sector debt. In 2007, Senegal and the IMF agreed to a new, non-disbursing, Policy Support Initiative program. In September 2009, Senegal signed a Compact with the U.S. Millennium Challenge Corporation, which will provide $540 million in infrastructure development, primarily in road construction along Senegal's northern and southern borders in conjunction with adjacent irrigation and agriculture projects."