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Senegal slashes oil revenue forecast by 60% through 2028

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Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Global market disruptions prompt major downgrade in fiscal projections
  • Sangomar output beats 2024 target but fails to offset revenue shortfall

Dakar, Senegal – Senegal’s oil revenue projections have been sharply downgraded due to recent disruptions in global oil markets, the Hydrocarbon Revenue Evaluation and Forecasting Committee said in Dakar on Tuesday.

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