Senegal News News Senegal » Economy: Senegal must clear $3.5 billion arrears, reprofile debt, prime minister says
By Diadie Ba and Anait Miridzhanian DAKAR, Sept 8 (Reuters) - Senegal must clear billions of dollars in payment arrears as part of efforts to restore its public finances, Prime Minister Ahmadou Al ...
News Senegal » Economy: Senegal’s $5bn debt revamp tests Africa’s new restructuring playbook
S&P cuts the counytry’s rating to lowest level since 2000 as Faye government seeks to restore debt sustainability and investor confidence ...
News Senegal » Economy: Senegal will reprofile debt instead of restructuring, prime minister says
DAKAR, Sept 8 (Reuters) - Senegal's Prime Minister Ahmadou Al Aminou Lo told parliament on Tuesday that the West African nation will not pursue a restructuring of its debt, opting instead to reprofile ...
News Senegal » Economy: IMF reaches agreement with Senegal on new $2.2 bn loan programme
The International Monetary Fund announced an agreement with Senegal on Tuesday for a new $2.2-billion loan programme, after a prior deal was suspended following the discovery of previously unreported ...
News Senegal » Economy: Senegal begins installing nation’s first offshore aquaculture project; artisanal fishers, environmental groups urge caution
Senegal’s National Agency for Aquaculture (ANA) has begun installing the West African country’s first offshore aquaculture project as part of a larger national plan to expand marine commercial ...
News Senegal » Economy: Senegal unveils its plan for economic recovery, avoiding debt
STORY: Prime Minister Ousmane Sonko on Friday unveiled a new economic recovery plan for Senegal, pledging to finance the majority of the initiative through domestic resources and avoid additional debt ...
News Senegal » Economy: Senegal PM unveils economic recovery plan based on domestic resources
Senegalese Prime Minister Ousmane Sonko unveiled a new economic plan for reviving the economy – Copyright AFP/File Patrick T. Fallon Senegal’s prime minster ...
News Senegal » Economy: Senegal’s First Oil Exports Push Economic Growth to Record High
Senegal is seeing a record jump in economic growth after its first oil project and oil exports were launched in the middle of 2024. Senegal’s gross domestic product surged by 8.9% in the third quarter ...
News Senegal » Economy: Senegal's Debt Figures Improve After Updating Economic Calculation
DAKAR (Reuters) -Senegal's economy is 13.5% larger and its debt ratio slightly better after the government updated the base year used to calculate its economic output, the statistics office said. The ...
News Senegal » Economy: Senegal’s new president inherits economic woes
DAKAR, Senegal (AP) – Senegal’s former leader took office in 2000 before thousands gathered at a sports stadium. New President Macky Sall, by comparison, held his short inauguration ceremony Monday in ...
News Senegal » Economy: Senegal PM unveils economic recovery plan based on domestic resources
Senegal's prime minster unveiled an economic recovery plan for the highly indebted nation on Friday, focused on reviving its economy with a shift towards greater domestic funding. The west African ...