Search

Senegal’s revenue surge signals rare fiscal strength amid oil, telecom boom

Dakar, Senegal © Unsplash
Dakar, Senegal © Unsplash
  • Senegal collects nearly 70% of annual revenue in nine months
  • Oil, telecoms and construction drive stronger-than-expected gains

 

DAKAR, SENEGALSenegal has collected almost 70% of its projected annual revenue in just nine months, a performance officials say reflects robust economic momentum and unusually strong tax mobilisation.

The finance ministry’s latest quarterly budget execution report shows the country reached 69.7% of its yearly target by the end of the third quarter, placing Dakar on track to meet – or even exceed – its 2024 goals.

Recent Business

Oil drilling rig Photo Marian Lupan @ Unsplash
Senegal’s Petrosen shifts to $100mn onshore oil exploration
Read More »
Rwanda motorists Photo @ Pixabay
Rwanda raises central bank rate to 7.25% as inflation breaches target band
Read More »
Oil refinery. Photo by Devon Chandler @ Pixabay
Cameroon opens nine oil and gas blocks to global investors
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights