Search

Senegal’s export boom hits record as oil, gold surge reshape economy

Oil field. Photo by Redhawk Investment Group @ Pixabay
Oil field. Photo by Redhawk Investment Group @ Pixabay
  • Oil and gold drive Senegal’s highest-ever monthly export earnings
  • Economist warns boom must translate into long-term industrial growth

 

DAKAR, SENEGALSenegal’s exports surged to a record 688.7 billion CFA francs ($1.2bn) in October 2025, driven by a sharp rise in oil, refined fuel and gold shipments, official data showed.

Figures released by the National Agency for Statistics and Demography (ANSD) show foreign sales jumping to their highest monthly level on record, underlining the growing impact of hydrocarbons on the West African economy.

Recent Business

Oil refinery. Photo by Devon Chandler @ Pixabay
Uganda’s oil refinery delayed until 2029–2030 as crude exports start earlier
Read More »
Railway workers inspecting a rail track. Photo by Javad Esmaeili @ Pixabay
Angola opens Namibe Corridor rail concession to global investors
Read More »
Oil field. Photo by Redhawk Investment Group @ Pixabay
Senegal’s export boom hits record as oil, gold surge reshape economy
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights