Tehran (IP) – An Iranian Foreign Ministry official announced that Iran’s exports to Africa had increased 120%, worth 1.2 billion dollars in the past Iranian year ended on March 20 compared with the preceding year.

Iran PressIran news: An official in charge of African affairs at the Iranian Foreign Ministry, Ali-Akbar Rezaei, made the remarks on Tuesday at a video conference reviewing Senegal's market.

Iran’s Ambassador to Senegal, Mohamad-Reza Dehshiri, also attended the conference based in Iran's Alborz Province.

"Having a 400-million population, the West African region is a congruous place for making investment and promoting Iran's exports," Rezaei told the provincial officials.

He highlighted that the aim of holding such a conference was to help the business people and members of the province chamber of commerce get acquainted with the capacities of the target countries.

The Iranian ambassador, for his part, described Senegal as one of the most stable countries in the African continent.

Dehshiri pointed out a good opportunity for the Iranians to invest in Senegal, noting that its economic growth has been about six percent during the past five years.

The Iranian envoy said that launching refineries in Senegal are among the investment opportunities. 

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Iran's exports to Africa increased by 107%