Energy And Tourism Drives Development in Senegal and Gambia

SUMMARY – ENERGY AND TOURISM INDUSTRIES CONVERGE IN THE MSGBC REGION (Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry), WITH SENEGAL UTILIZING ENERGY ADVANCEMENTS TO FUEL TOURISM INFRASTRUCTURE GROWTH, WHILE THE GAMBIA LEVERAGES TOURISM REVENUE TO SUPPORT ENERGY PROJECTS AND OVERALL DEVELOPMENT.

Senegal’s Energy Advancements Spur Tourism Infrastructure

Energy sector breathes life into Senegal’s tourism industry through infrastructure projects, like the Sandiara Special Economic Zone (SEZ). This includes a gas-to-power and solar facility, set to energize tourism hotspots along the southern coast. Mbodiene, a fishing village near the SEZ, envisions transformation into a major tourist complex with hotels, villas, a shopping center, and an amusement park. Such developments aim to create a new economic hub in Thies region and bolster tourism in Senegal.

The Gambia Boosts Energy Projects with Tourism Revenue

Contrarily, The Gambia leverages its thriving tourism sector to support energy projects and overall development. Tourism contributes significantly to the country’s GDP and employment, making it a vital economic driver. The World Bank has recognized this and offered a $68 million grant to enhance climate resilience and diversify the country’s tourism sector. The Gambia aims to use tourism earnings to improve infrastructure and invest in untapped energy markets, exploring untapped basins and creating strong domestic energy value chains.

Synergy between Tourism and Energy for Future Growth

As Senegal advances its energy infrastructure, its tourism sector is expected to experience unprecedented growth. With upcoming oil and gas production from the Sangomar and Greater Tortue Ahmeyim fields, the integration of energy infrastructure will drive tourism growth further. Meanwhile, The Gambia’s dedication to tourism-driven development provides an opportunity to invest in energy. MSGBC Oil, Gas & Power 2023 conference encourage investment in tourism and energy industries in Senegal and The Gambia. It will foster dialogue and forging deals among regional and foreign investors.