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.”

You need an active subscription to continue reading this article.

Recent Business

grant-durr-1Inl7fbfwCI-unsplash
Oil rush drives Namibia’s record $6bn FDI surge
Read More »
Breaking News
Nigeria’s inflation eases ahead of key interest rate decision
Read More »
tina-guina-obV_LM0KjxY-unsplash
Cocoa and coffee surge boosts CEMAC's commodity index
Read More »

Recent Politics

Allen dreyfus Logo
Ghana’s Goldbod CEO under fire for viral cash-gifting video
Read More »
Allen dreyfus Logo
Uncertainty grows as Cote d’Ivoire opposition leader quits race
Read More »
dimitry-b-D3ZojRFM8rI-unsplash
Mozambique pins recovery on gas boom—but Cabo Delgado unrest lingers
Read More »

Latest Posts

Latest news insights