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.

You need an active subscription to continue reading this article.

Recent Business

arvind-vallabh-rqWWhKzVCaU-unsplash
Gabon ramps up deepwater push to reverse oil decline
Read More »
kurt-cotoaga-FWTN3Uquq20-unsplash
Senegal raises $346m in latest WAMU debt auction
Read More »
Allen dreyfus Logo
Cote d’Ivoire awards new gold exploration permits
Read More »

Recent Politics

james-wiseman-IebZAH6kaNw-unsplash
Trump pushes trade-first Africa strategy to counter rivals
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »

Latest Posts

Latest news insights