Senegal Bets on Drastic Fiscal Discipline in 2026-2028 Debt Strategy to Survive $13 Billion Hidden Debt Scandal
Cut off from cheap international capital after an audit revealed billions in hidden debt, Senegal has unveiled a stringent 2026-2028 debt management strategy. The plan aims to restore IMF confidence and stabilize public finances, but its heavy reliance on domestic borrowing poses new challenges for local businesses.
Senegal Secures €10 Million from EU and AFD to Study Dakar-Thiès TER Extension
Senegal has signed a €10 million agreement with the French Development Agency and the European Union to fund feasibility and design studies for extending the Dakar Regional Express Train to Thiès — a key step before any construction begins.
Senegal Implements UN-Backed Ten-Step Plan to Modernize Road Safety Infrastructure
Launched in late January 2025, this three-year initiative aims to enhance road safety through improved design standards and specialized training for infrastructure professionals. The project is a collaboration between the Senegalese government and the United Nations Road Safety Fund (UNRSF) to reduce traffic-related fatalities through better engineering and capacity building.