In August 1993 member countries suspended repurchase of CFA banknotes abroad, a measure meant to stem capital flight for the region's banks. This measure also discourages portfolio investment outside of the zone. The dearth of reliable investment statistics makes it difficult to provide a detailed breakdown of foreign direct investment in Senegal. France still supplies the bulk of foreign investment in Senegal, although no published figures are available. There is limited German investment in hotels and tourist facilities, and some Japanese, South Korean and Taiwanese investment in fishing.
Most direct investment is made to update or repair antiquated facilities.
U.S. direct investment has a market value estimated by the companies of about USD 37.7 million as of year-end 1995.