Even though Senegal’s intra-African trade profile is looking up, CFA franc, which is still tied to the French treasury, remains the currency of Francophone countries. Plans by the 15-member regional block, ECOWAS, to adopt a single currency since 1987, have gone nowhere. Similarly, Kenyan President William Ruto’s call for a pan-African payment system that would settle intra-African trade outside the dollar has gone nowhere.
Senegal s new Energy and Mines Minister said on Thursday the government would renegotiate oil, gas and mining contracts if necessary once a promised audit is completed.
Faye has officially been declared winner of the presidential election in Senegal, winning 54.28% of votes in the first round. Reports from the country’s vote
Faye. Naija News reports that Diomaye Faye has officially been declared the winner of the Senegalese presidential election after securing 54.28% of the votes
In Senegal, opposition candidate Bassirou Diomaye Faye has been elected president with a surprisingly clear majority. Government candidate and former .