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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.

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