Via Semafor, a reminder of Senegal’s strong economic growth: Senegal’s economy is projected to grow by up to 5.3% this year boosted by its emerging oil and gas sector, said the International Monetary Fund this week. Despite facing challenges including “spillovers from the war in Ukraine, tighter financing conditions, and increased political instability in the […]
Read more »Courtesy Rest of World, a look at how WhatsApp voice notes are revolutionizing farming in Senegal: > In Senegal, a country with low levels of literacy, WhatsApp voice notes allow farmers and researchers to share information and collaborate. > Farmers, researchers, and NGOs use WhatsApp as their primary source of communication, using it to spread […]
Read more »Via The Africa Report, first part of a detailed look at Senegal’s Akon City which many consider an impossible dream and potential pyramid scheme: In August 2020, Senegalese-American singer Akon laid the foundation stone for a smart city located over 100km south of Dakar, but work has yet to begin. Delays threaten to stop this […]
Read more »Via Business Insider Africa, a report on African GDP projections for 2023: Business Insider presents the top 10 African countries with the highest GDP projections for 2023. This list is courtesy of a bi annual report from the Africa Development Bank. The bank notes that Africa would perform better economically, than what has been predicted […]
Read more »Via African Business, additional optimism for Senegal which is on course to record a world-beating 8% growth this year, thanks largely to expected oil and gas revenues: The World Bank predicts that Senegal will grow by 8% in 2023, the most out of any sub-Saharan African country. The growth is largely attributed to huge oil […]
Read more »Courtesy of The Africa Report (subscription required), a report on the optimistic growth prospects of DRC, Niger, and Senegal: With an average growth forecast of 3.5%, sub-Saharan Africa is resisting global malaise, but inflation and debt remain a threat to the continent’s economies. Kristalina Georgieva, Director of the International Monetary Fund (IMF), has sounded the […]
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