Search

Senegal Poised for 9.3% Growth in 2025 Amid Economic Resilience and Oil Boost

  • IMF projects Senegal to lead sub-Saharan Africa’s growth, driven by oil and mining expansion
  • Financial crisis and hidden debt revelations challenge investor trust but boost reform efforts

Dakar, Senegal – Senegal is projected to reach a 9.3% growth rate in 2025, positioning it as the fastest-growing economy in sub-Saharan Africa, according to the latest IMF economic outlook. This significant uptick follows a growth rate of 4.6% in 2023 and an anticipated 6.0% in 2024, with the regional economic average expected to grow by 4.2% in 2025.

Recent Business

Commercial transport waiting spot in Sierra Leone. Photo by Random Institute @ Unsplash
AfDB–OPEC Fund pact unlocks up to $2bn for Africa’s poorest economies
Read More »
Platinum Group Metal mines. Photo by Kurt Cotoaga @ Unsplash
Ivanhoe’s Platreef scale puts South Africa back at centre of global metals supply
Read More »
China trades with Africa . Photo by Wolfgang Weiser @ Unsplash
China–Nigeria trade surges past $22bn in 2025 as ties deepen
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights