Economy

Senegal’s Prime Minister, Ousmane Sonko, has presented a comprehensive strategic roadmap aimed at the profound modernization of the nation’s commercial infrastructure. Addressing the severe dilapidation of facilities, many of which date back to the 1970s, and a concerning record of 53 market fires between 2013 and 2024, the government head is integrating the Programme for […]

SENEGAL-ECONOMIE Senegal’s Prime Minister, Ousmane Sonko, has drawn attention to the critical condition of the nation’s markets, citing their widespread dilapidation and significant safety concerns. He has put forward a proposal for the establishment of an autonomous administrative body specifically tasked with their comprehensive management. Government spokesperson Marie Rose Faye conveyed Prime Minister Sonko’s assessment, […]

In a high-stakes economic debate, Cheikh Diba, Senegal’s Minister of Finance, revealed last Friday before the National Assembly that the Economic and Social Recovery Plan (PRES) had generated 63.4 billion CFA francs this year. These figures emerged during tense negotiations with the International Monetary Fund (FMI), prompting Waly Diouf Bodian, a key advisor to Prime […]

The political phase of the 11th annual review of UEMOA community reforms concluded yesterday in Dakar, following a one-day postponement. The session, attended by Abdoulaye Diop, President of the UEMOA Commission, highlighted that while Senegal maintains an overall satisfactory performance across 145 assessed reforms, a decline of 2.14 points compared to 2024 has prompted authorities […]

economic investigation Tabaski in Senegal: the rising cost of tradition and debt burden Every year, millions of Senegalese plunge into debt to purchase a sheep for Tabaski, transforming a religious observance into a financial crisis. While Morocco has implemented a sustainable solution, Senegal continues to grapple with soaring prices and predatory lending practices. Two weeks […]

Chad’s economic transition is now entering a critical phase. The government has been actively promoting its “Chad Connection 2030” plan, a flagship strategy designed to steer the nation towards a growth trajectory less reliant on oil revenues. External partners, encompassing both multilateral institutions and bilateral donors, have reaffirmed their commitment to N’Djamena. This strong political […]

In the heart of N’Djamena, Zenaba Adoum Oudah is breaking new ground as a pioneering figure in Chadian entrepreneurship. Trained as a biologist and graphic designer, she stands at the forefront of a dynamic movement where science, creativity, and business acumen converge to shape a more sustainable future. Her recognition at the PROJIACE 2026 initiative—an […]

The clarion call was unambiguous. At the inauguration of the third edition of the Biashara Afrika pan-African forum held on Monday, May 18, 2026 in Lomé, Togolese President and Council Chair Faure Essozimna Gnassingbé urged African leaders to pivot from political rhetoric to tangible economic outcomes. His impassioned address underscored the urgent need to convert […]

economy Senegal considers arbitration against BP and Woodside over oil contracts Khadim Bamba Diagne, Permanent Secretary of Senegal’s Strategic Oil and Gas Committee, signals Dakar’s readiness to renegotiate terms with energy giants amid rising global oil prices Dakar — Senegal is prepared to take decisive action to protect its economic interests in the oil and […]

Economists gathered in Dakar have urged Senegal to rethink its debt management strategy, highlighting the need for a more diversified approach to financing. The call comes amid mounting concerns over the country’s soaring debt levels, which have raised alarms about long-term economic stability. experts advocate for debt diversification amid rising concerns Financial analysts and development […]

Senegal’s debt management: new financing solutions beyond IMF programs The debate over Senegal’s public debt has resurfaced with intensity in Dakar’s economic circles. Government officials, financial analysts, and development specialists are now examining alternative financing and restructuring avenues to reduce reliance on traditional International Monetary Fund (IMF) programs. This reassessment comes amid severe budgetary constraints […]