Search

Senegal’s Prime Minister Says Country Gets Just 13% of Oil Revenues, Sparking Backlash

Senegal's Sparking Backlash
© Unsplash
  • Ousmane Sonko calls current contracts “unacceptable” and seeks urgent review
  • Industry expert says Senegal earns up to 64% of profits and warns against risky renegotiation

Dakar, Senegal – Senegalese Prime Minister Ousmane Sonko has called for an immediate overhaul of the country’s oil, gas and mining contracts, claiming the state receives only 13% of revenues generated from its natural resources — a figure he described as “unacceptable.”

Recent Business

A section of Malian nationals. Photo by Bob Brewer @ Unsplash
Moody’s forecasts 4.9% growth in Mali despite fuel crisis
Read More »
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
Ghana treasury bills rebound as demand surges 38%
Read More »
Mozambique Photo: @ Unsplash
Mozambique slips deeper into recession as GDP contracts 0.85% in Q3
Read More »

Recent Politics

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 »
Ghana President John Mahama. Photo courtesy: Office of the President/Facebook
Ghana’s $1.1bn presidential jet plan reignites debate over cost and priorities
Read More »

Latest Posts

Latest news insights