Senegal is open to a debt restructuring as mounting payment pressures threaten to strain key sectors of the economy, according to a senior member of President Bassirou Diomaye Faye’s cabinet.
Senegal is open to a debt restructuring as mounting payment pressures threaten to strain key sectors of the economy, according to a senior member of President Bassirou Diomaye Faye’s cabinet.
Equatorial Guinea has ordered a review of more than 50 state companies and agencies, broadening a government crackdown on waste after the cabinet resigned after failing to meet performance targets.
Equatorial Guinea has ordered a review of more than 50 state companies and agencies, broadening a government crackdown on waste after the cabinet resigned after failing to meet performance targets.
Senegal’s National Assembly will assess any solutions for the country’s debt challenges, including a possible restructure of billions of dollars in loans, on whether they advance a broader economic-transformation agenda, Speaker Ousmane Sonko said.
Senegal’s National Assembly will assess any solutions for the country’s debt challenges, including a possible restructure of billions of dollars in loans, on whether they advance a broader economic-transformation agenda, Speaker Ousmane Sonko said.
Ousmane Sonko was reelected president of Senegal’s majority Pastef party on Saturday, cementing his position as the dominant figure within the country’s governing movement at a time of escalating tensions with rival President Bassirou Diomaye Faye.
Ousmane Sonko was reelected president of Senegal’s majority Pastef party on Saturday, cementing his position as the dominant figure within the country’s governing movement at a time of escalating tensions with rival President Bassirou Diomaye Faye.
Ousmane Sonko, center, arrives for a press conference in Dakar, Senegal, on June 2, 2026.
Ousmane Sonko was reelected president of Senegal’s majority Pastef party on Saturday, cementing his position as the dominant figure within the country’s governing movement at a time of escalating tensions with rival President Bassirou Diomaye Faye.
Ousmane Sonko was reelected president of Senegal’s majority Pastef party on Saturday, cementing his position as the dominant figure within the country’s governing movement at a time of escalating tensions with rival President Bassirou Diomaye Faye.
Ousmane Sonko, center, arrives for a press conference in Dakar, Senegal, on June 2, 2026.
Senegal made payments to bondholders ahead of schedule on two of its foreign-currency notes as the West African nation prepares to host the International Monetary Fund for talks on a new program later this month, according to people familiar with the matter.
Senegal made payments to bondholders ahead of schedule on two of its foreign-currency notes as the West African nation prepares to host the International Monetary Fund for talks on a new program later this month, according to people familiar with the matter.
Shoppers pass stalls in Sandaga market in Dakar, Senegal.
Senegalese President Bassirou Diomaye Faye appointed a new cabinet that his estranged ally Ousmane Sonko vowed to boycott, deepening a political rift in the West African country as it navigates a debt crisis.
Senegalese President Bassirou Diomaye Faye appointed a new cabinet that his estranged ally Ousmane Sonko vowed to boycott, deepening a political rift in the West African country as it navigates a debt crisis.
Senegalese lawmakers reinstated Ousmane Sonko as a lawmaker and then elected him as speaker of the National Assembly, days after President Bassirou Diomaye Faye abruptly dismissed him as prime minister in a split that has fractured the ruling coalition.
Senegalese lawmakers reinstated Ousmane Sonko as a lawmaker and then elected him as speaker of the National Assembly, days after President Bassirou Diomaye Faye abruptly dismissed him as prime minister in a split that has fractured the ruling coalition.
Senegal’s dollar bonds fell sharply as investors digested days of political turmoil after the West African nation’s prime minister was fired and then swiftly returned to a position of power that could undermine President Bassirou Diomaye Faye.
Senegal’s dollar bonds fell sharply as investors digested days of political turmoil after the West African nation’s prime minister was fired and then swiftly returned to a position of power that could undermine President Bassirou Diomaye Faye.
Senegal President Bassirou Diomaye Faye’s abrupt dismissal of Prime Minister Ousmane Sonko risks throwing the government’s stalled talks with the International Monetary Fund into deeper disarray.
Senegal President Bassirou Diomaye Faye’s abrupt dismissal of Prime Minister Ousmane Sonko risks throwing the government’s stalled talks with the International Monetary Fund into deeper disarray.
Senegal President Bassirou Diomaye Faye and Ousmane Sonko greet each other in Dakar, Senegal, on Friday, March 15, 2024.
Benin’s new president, Romuald Wadagni, has appointed a finance ministry veteran and former economist at the International Monetary Fund as the country’s new finance chief.
Benin’s new president, Romuald Wadagni, has appointed a finance ministry veteran and former economist at the International Monetary Fund as the country’s new finance chief.
Benin’s new president, Romuald Wadagni, has appointed a finance ministry veteran and former economist at the International Monetary Fund as the country’s new finance chief.
Benin’s new president, Romuald Wadagni, has appointed a finance ministry veteran and former economist at the International Monetary Fund as the country’s new finance chief.
Senegal’s parliament speaker Malick Ndiaye resigned on Sunday, becoming the latest senior figure caught in the widening rupture at the top of the country’s ruling movement.
Senegal’s parliament speaker Malick Ndiaye resigned on Sunday, becoming the latest senior figure caught in the widening rupture at the top of the country’s ruling movement.
President of the Senegalese National Assembly, Malick Ndiaye, arrives to attend a plenary session on current affairs at the National Assembly in Dakar on February 21, 2025.
Romuald Wadagni was sworn in as Benin’s new president on Sunday after winning an election widely seen as consolidating the country’s policy direction over the past decade.
Romuald Wadagni was sworn in as Benin’s new president on Sunday after winning an election widely seen as consolidating the country’s policy direction over the past decade.
Romuald Wadagni delivers his remarks after being sworn in during his inauguration ceremony at the Palais des Congres in Cotonou on May 24.
Senegalese President Bassirou Diomaye Faye dissolved the government and dismissed Prime Minister Ousmane Sonko, increasing the risk of political unrest after months of simmering tensions between the two leaders.
Senegalese President Bassirou Diomaye Faye dissolved the government and dismissed Prime Minister Ousmane Sonko, increasing the risk of political unrest after months of simmering tensions between the two leaders.
Niger secured a stake in a China-backed oil pipeline after renegotiating export terms, as Beijing steps up efforts to secure reliable crude supplies amid global market disruptions.
Niger secured a stake in a China-backed oil pipeline after renegotiating export terms, as Beijing steps up efforts to secure reliable crude supplies amid global market disruptions.
Workers from Niger and China are seen on the construction site of an oil pipeline in the region of Gaya, Niger.
Ride-hailing operator Yango Group, plans to invest at least $150 million into African expansion this year, as the Dubai-based platform pushes into new markets.
Ride-hailing operator Yango Group, plans to invest at least $150 million into African expansion this year, as the Dubai-based platform pushes into new markets.
A driver cleans a car belonging to a Yango fleet at their office in Dakar in 2025. Photographer: Patrick Meinhardt/AFP/Getty Images
Senegal’s President Bassirou Diomaye Faye has signed into law an amended electoral code widely seen as paving the way for Prime Minister Ousmane Sonko to contest future presidential elections.
Senegal’s President Bassirou Diomaye Faye has signed into law an amended electoral code widely seen as paving the way for Prime Minister Ousmane Sonko to contest future presidential elections.
A vendor sells merchandise in support of Ousmane Sonko, Senegal's opposition leader, and Bassirou Diomaye Faye, presidential candidate, outside the venue of a news conference in Dakar, Senegal, on Friday, March 15, 2024. Ousmane Sonko and Bassirou Diomaye Faye were released after lawmakers approved amnesty for crimes linked to political protests between 2021 and 2024.
Senegal’s state-owned oil company said the Yakaar-Teranga gas discovery will cost $7.5 billion to develop, but will help the country slash energy subsidies once on stream.
Senegal’s state-owned oil company said the Yakaar-Teranga gas discovery will cost $7.5 billion to develop, but will help the country slash energy subsidies once on stream.
An offshore drilling rig off the coast of Senegal.