AGP Executive Report

Power & Gas Pricing: Senegal’s energy ministry says it will lean more on domestically produced natural gas to cut electricity costs, targeting a 30% drop in the price per kWh by 2030, alongside a shift from broad fuel subsidies to targeted support for vulnerable households, public transport and strategic sectors. Blackouts Watch: In parallel, Senegal is seeing renewed power cuts blamed on gas delays (including Yakaar-Teranga), faster-than-forecast demand, and fuel supply constraints, forcing some plants to adapt to fuel oil temporarily. Agri Jobs Boost: Sadio Mané unveiled the SM10 Agro agro-industrial complex in Bambali, with 11.7bn FCFA of his own funding; construction starts 19 September and is expected to create 1,000 direct jobs (up to 2,500 at full capacity) through fruit processing and training. Sports Leadership Note: Patrick Vieira clarified that Sadio Mané’s absence from his first Senegal squad was due to a physical issue, not a career decision, with a return expected at the next camp. Regional Trade & Identity: A debate is resurfacing around ECOWAS’s ENBIC biometric card: it may ease cross-border movement and trade, but critics warn it won’t fix the deeper problem of Africans still being treated as “strangers” at borders. Shipping & Logistics: Hapag-Lloyd expanded its terminal partnership with DP World, securing long-term capacity including Dakar, supporting Africa’s growing port and trade corridors.

Power & Gas Policy: Senegal’s energy ministry says the country will lean more on domestically produced natural gas to cut electricity costs, targeting a 30% drop in the price per kWh by 2030, alongside a shift from broad subsidies to targeted support for vulnerable households, public transport and key sectors. Digital Sovereignty: President Bassirou Diomaye Faye met Cybastion in Washington, with the company planning to mobilize $300m for Senegal’s sovereign data center, cybersecurity, digital government services and workforce development under the New Deal Technologique. Debt & Climate Pressure: ActionAid/DFI report warns climate-vulnerable countries spend nearly 25 times more on debt repayments than on climate action, with debt servicing taking about 65% of government revenue and leaving little room for adaptation. UAE-Senegal Ties: UAE and Senegal leaders discussed expanding investment and development cooperation and highlighted the 2026 UN Water Conference co-hosted by both countries. Regional Trade & Ports: Hapag-Lloyd and DP World will expand terminal capacity cooperation, including Dakar, and support port infrastructure development across Africa. Mining Communities: ActionAid Ghana launches its VOICES project (including Senegal) to strengthen community participation in mining decisions, with training for women and youth and community monitoring committees.

Digital Sovereignty & Cybersecurity: Cybastion says it will mobilize about $300m for Senegal’s data centers, cybersecurity, digital government services and workforce development after talks with President Bassirou Diomaye Faye in Washington. Bilateral Trade & Water Cooperation: UAE and Senegal leaders met in Abu Dhabi to deepen investment and economic ties and to coordinate for the 2026 UN Water Conference co-hosted by both countries. Maritime Trade Link: Egypt and Senegal are exploring a commercial shipping route between Alexandria and Dakar to boost exports and regional market access, with a joint committee planned to finalize an agreement. IMF Signals Reform Progress: IMF chief Kristalina Georgieva praised Senegal’s economic reforms and commitment to debt treatment as the country moves toward a new Fund-supported programme. Debt vs Climate Pressure: ActionAid warns climate-vulnerable countries spend nearly 25x more on debt repayments than on climate action, tightening budgets for adaptation and services. Energy & Infrastructure Finance: Abu Dhabi announced an inaugural Water & Power Week in December to discuss policy, financing and technology for water resilience—alongside the UN Water Conference. Youth Political Inclusion: West African youths in Dakar called for removing legal, financial and digital barriers to participation, including lower nomination fees and stronger youth quotas. Senegal’s Special Funds Oversight: A procedural dispute is still blocking parliament’s effective oversight of Senegal’s discretionary special funds, with lawmakers facing execution and oversight gaps.

IMF Reform Push: IMF chief Kristalina Georgieva praised Senegal’s economic reforms and its push for debt treatment during talks with President Bassirou Diomaye Faye in Washington, saying the next IMF-backed programme aims to restore fiscal sustainability and support jobs and investment. Debt Oversight Pressure: A separate report highlights how Senegal’s “special funds” oversight bill keeps stalling in parliament due to procedural moves that narrow lawmakers’ control, leaving more discretionary spending outside practical National Assembly reach. Digital Infrastructure Funding: Cybastion says it will mobilize about $300m for Senegal’s data centers, cybersecurity, tech transfer and skills, with start-up involvement expected to boost youth jobs and digital public services. Energy & Oil-Gas Deals: Senegal signed an MoU with Italy’s ENI to study five offshore blocks, as Dakar also moves to open 109 oil and gas blocks to investors—aiming to raise revenues and build local capacity. Telecom Rebrand: AXIAN Telecom rebranded as Yas Group, unifying its telecom, infrastructure and fintech under one corporate identity after strong subscriber and revenue growth. Maritime Trade Link: Egypt and Senegal discussed a commercial shipping route between Alexandria and Dakar to deepen maritime cooperation and trade. Regional Security Call: NACOC’s DG urged stronger cross-border, operational cooperation across Africa to tackle synthetic drugs and cocaine trafficking. Climate Finance Warning: ActionAid reports climate-vulnerable countries spend nearly 25x more on debt repayment than on climate action, feeding a “vicious cycle” of debt and disasters.

Senegal Debt Talks: President Bassirou Diomaye Faye met World Bank chief Ajay Banga in Washington, with the Bank pledging support to speed up Senegal’s debt re-profiling under an enhanced G20 Common Framework, alongside a focus on youth employment. Oil & Gas Development: Senegal signed an MoU with Italy’s Eni to evaluate five offshore blocks, with Petrosen set to play a key role as Dakar also pushes its wider 109-block offer to investors. Telecom Corporate Move: Axian Telecom rebranded at group level as Yas Group, unifying its telecom, digital infrastructure and fintech operations across multiple African markets under one identity. Regional Finance Watch: Fitch flagged Nigeria’s growing use of Total Return Swaps and repo transactions, warning of transparency and liquidity risks that could complicate debt management—also citing Senegal among countries using similar tools. Climate Finance Pressure: ActionAid reports climate-vulnerable countries spend nearly 25 times more on debt repayments than on climate action, with debt servicing taking 65% of government revenue. Cross-Border Security: NACOC called for stronger practical cooperation to tackle synthetic drugs, cocaine trafficking and transnational organised crime, stressing intelligence sharing and joint operations. Energy Transition in the Region: Guinea signed an agreement with RELP for a solar PV and battery storage procurement programme starting with an indicative 400 MW phase.

Senegal Debt Talks: President Bassirou Diomaye Faye met World Bank chief Ajay Banga in Washington, with the Bank pledging to help Senegal speed up its enhanced G20 Common Framework debt reprofile and support youth employment priorities. Oil & Gas Strategy: Senegal and Eni signed an MoU to evaluate five offshore blocks (SN01M, SN02M, SN03M, SN07M, SN40M), with PETROSEN as a technical partner, aiming to revive exploration and attract upstream investment. Telecom Branding: Axian Telecom officially rebranded as Yas Group, unifying its telecom, digital infrastructure and fintech identity across markets including Senegal. Local Agriculture Innovation: Senegalese farmers in Lampsar are testing fish-in-rice paddies to cut schistosomiasis by using fish to eat disease-carrying snails while boosting yields and income. Regional Business Context: Fitch warned Nigeria’s use of Total Return Swaps and repo deals could raise transparency and liquidity risks—an issue it says also touches other emerging markets including Senegal. Air Cargo Partnership: ECS Group and Air Sénégal marked seven years of cargo cooperation, supporting daily Paris–Dakar freight flows and regional connections.

Debt Reprofiling Talks: Senegal’s President Bassirou Diomaye Faye met World Bank chief Ajay Banga in Washington to speed up an “enhanced” G20 Common Framework debt treatment, with youth employment flagged as a priority. IMF Engagement: Faye is also set to meet IMF Managing Director Kristalina Georgieva to review Senegal’s reform programme and public-finance progress. Oil & Gas Revival: Senegal and Eni signed an MoU to assess five offshore blocks (SN01M, SN02M, SN03M, SN07M, SN40M), with PETROSEN named a technical partner as the country seeks new upstream investment. Telecom Group Rebrand: Axian Telecom has adopted “Yas Group” as its corporate identity across communications and regulatory dealings, aligning telecom, digital infrastructure and fintech under one brand. Air Cargo Partnership: ECS Group and Air Senegal marked seven years of cargo cooperation on the Paris–Dakar route, supporting freight flows across Europe and beyond. Agribusiness Innovation: Senegal rice farmers are trialling fish-in-paddies to cut schistosomiasis by using fish to eat disease-carrying snails while boosting yields. Sports & Youth Olympics: The Youth Olympic flame arrived in Senegal ahead of Dakar 2026, with a torch tour spotlighting youth, culture and women’s roles. Regional Energy/Investment Event: The Africa Gas & LNG Summit 2026 is set for Maputo (11–13 Nov 2026), with Senegal expected to feature in discussions on gas-driven development. ECO Currency Debate: A renewed push for the ECOWAS single currency keeps the ECO plan in focus, with 2027 still targeted. Business/Trade Note: Senegal’s external debt reworking plans have already helped the country raise $179m, according to recent reporting.

IMF Talks: Senegal President Bassirou Faye meets IMF chief Kristalina Georgieva in Washington to review the reform programme and steps to strengthen public finances. Debt Market Update: Senegal raised 101bn CFA francs (~$179m) in a government securities auction after announcing external debt reworking plans, with bids of 109bn CFA francs and yields broadly stable. Capital Markets: West Africa’s BRVM is drawing more international attention as the regional exchange posts strong gains, with Senegal among the UEMOA members benefiting from the momentum. Port & Logistics: Hapag-Lloyd and DP World signed a deal securing long-term terminal capacity at Dakar and other African hubs, supporting infrastructure development in Banana and Maputo. Telecom Regulation: Senegal’s Supreme Court temporarily suspended Starlink’s operating authorization after Sonatel’s legal challenge over licensing and competition rules. Sports & National Pride: Edouard Mendy retired from Senegal’s national team after eight years and 59 caps, closing an AFCON 2021-winning chapter. Energy & Stability (Regional): Gambia banned protests without permits after unrest tied to persistent electricity blackouts, with power shortages linked to supply issues from Senegal and Guinea. Public Health (Regional): A new study flags pesticide poisoning as a major risk for farmers across West Africa, with Senegal among the affected countries.

Senegal’s IMF talks: President Bassirou Faye meets IMF chief Kristalina Georgieva in Washington to review Senegal’s economic outlook and progress on its reform programme, with a focus on strengthening public finances. Debt market update: Senegal raised 101bn CFA francs ($179m) in a government securities auction after announcing external debt reworking, with demand broadly covered and yields largely stable—an early test of investor appetite. Ports & logistics: Hapag-Lloyd and DP World expanded their Africa partnership, securing long-term terminal capacity at Dakar (Senegal), Luanda (Angola) and Dar es Salaam (Tanzania), while supporting infrastructure development at Banana (DRC) and Maputo (Mozambique). Telecom regulation: Senegal’s Supreme Court temporarily suspended Starlink’s operating authorization after Sonatel’s legal challenge over licensing and competition rules. Energy pressure in the region: Gambia banned protests without permits after unrest tied to persistent power blackouts, with shortages linked to unpaid electricity bills affecting imports from Senegal. Migration crackdown: Senegalese authorities moved a 200-page handwritten smuggling ledger tied to a suspected “Malian” trafficker into the court case, detailing routes and payments for trips to the Canaries. Food security & agriculture: PM Dion Ngute reiterated government support for AfricaRice investment in Cameroon, arguing for reduced dependence on imported rice through boosted local production.

Senegal Oil & Gas Push: Senegal’s Energy Minister says the country has 113 oil and gas blocks, with 109 set to be put on the market, aiming to build domestic energy champions and review licences tied to investment commitments. Local Finance Inclusion: Everest Finance launched “Sama Naffa,” a Senegal-focused savings platform with a 1,000 FCFA entry ticket and a hybrid model using digital tools plus field agents to reach people outside traditional banking. Space Industry: Senegal is moving toward technological independence with homemade nanosatellites, as Sensat engineers in France assemble Gaindesat-1B for environmental and climate data. Dakar 2026 Youth Olympics Economy: Ahead of the Oct 31–Nov 13 Youth Olympic Games, Senegal expects 2,700 athletes and thousands trained for event-linked jobs, positioning the Games as a skills bridge to future hosting. Debt Relief Talks: A UK-backed coalition is pushing for “debt pause” clauses in private loan restructurings, offering up to a year of payment suspension during crises. Regional Security & Trade: Senegal and Kuwait discussed investment cooperation, while Senegal also deploys Ecomig forces to Gambia amid governance and security pressures. Ghana Drug-Trafficking Alarm: Ghana’s parliamentary minority demands a full probe into alleged growth of Ghana as a narcotics transit hub, citing seizures worth over US$1bn.

Senegal Oil & Gas Licensing: Energy Minister El Hadji Abdourahmane Diouf says Senegal has 113 oil and gas blocks, with 109 set to be put on the market, aiming to build domestic champions as the country expands and reviews licences after new offshore discoveries. Senegal Space Push: Sensat says Senegalese engineers have mastered satellite manufacturing and are preparing Gaindesat-1B for environmental and climate data, as Africa’s space budgets rise and local production accelerates. Debt & Credit Pressure: S&P downgraded Senegal on debt fears, adding to bondholder concerns as the government seeks to reprofile debt rather than restructure and targets lower energy subsidies by 2029. Youth Olympics in Dakar: The Olympic flame arrived in Dakar ahead of the Youth Olympic Games, with 2,700 athletes and major skills-building for Senegal’s sports ecosystem. Regional Risk Watch: Fitch warns El Niño could hit cocoa exports in Ghana and Côte d’Ivoire and also tighten rice supplies, with knock-on effects for Senegal and regional food prices. Tech & Inclusion Finance: Everest Finance launched “Sama Naffa,” an inclusive savings platform combining digital access with field agents to reach people outside traditional banking. Cross-border Security: Senegal’s regional cooperation theme also shows up in calls for practical action against synthetic drugs and transnational crime.

Senegal Oil & Gas Licensing: Energy Minister El Hadji Abdourahmane Diouf says Senegal has 113 oil and gas blocks, with only four currently under contract; the government will put the remaining 109 up for market, aiming to build domestic energy champions and review licences tied to investment commitments. Space & Tech Independence: Senegal is moving from satellite design to local manufacturing, with Sensat engineers assembling nanosatellites in France and preparing follow-up missions to strengthen homegrown space capability. Youth Olympics as Skills Engine: Dakar 2026 Youth Olympic Games (Oct 31–Nov 13) will bring about 2,700 athletes across 25 sports, alongside thousands of trained workers—positioning the event as a long-term boost for African sport and hosting know-how. Inclusive Savings Product: Everest Finance launched “Sama Naffa,” a Senegal-focused savings platform combining a digital interface with field agents to reach people still outside traditional banking. Regional Security & Crime: NACOC boss calls for practical cross-border action against synthetic drugs, cocaine trafficking and organised crime, stressing intelligence sharing and joint operations across Africa. Travel Convenience for Senegalese: Mozambique says Senegalese citizens can enter with an Electronic Travel Authorisation for up to 30 days, while other African travellers face standard visa rules. Gambia Unrest Spillover: Gambia bans protests without permits after violent blackout demonstrations, a reminder of how energy shocks can quickly turn political.

Oil & Gas Licensing: Senegal’s Energy and Petroleum Minister El Hadji Abdourahmane Diouf says the country has 113 oil and gas blocks, but only four are under contract; the remaining 109 will be put on the market, with a push to build domestic energy champions and to review licences where firms missed investment commitments. Youth Sports & Skills: Senegal is set to host the Dakar 2026 Youth Olympic Games (Oct 31–Nov 13) across Dakar, Diamniadio and Saly, with about 2,700 athletes in 25 sports—positioned as a bridge to Los Angeles 2028 and a chance to train local coaches and event-ready skills. Inclusive Finance: Everest Finance launched “Sama Naffa,” an inclusive savings platform in Dakar with a 1,000 FCFA entry ticket, combining a digital interface with field agents to reach people still outside traditional banking. Debt Sustainability Push: A UK-backed coalition is urging wider use of “debt pause” clauses in private loan restructurings, aiming to make sovereign debt crises more manageable and protect access to private investment. Regional Business Links: Burkina Faso banker Idrissa Nassa led a business push into Nigeria after the ECOWAS split, seeking cooperation on trade, investment, logistics and the digital economy.

Senegal Energy Push: Senegal’s Energy and Petroleum Minister El Hadji Abdourahmane Diouf says the country has 113 oil and gas blocks, but only four are under contract; the government will put the remaining 109 up for grabs, aiming to build local operators as it reviews licences and pushes new investment after major offshore discoveries. Dakar Youth Olympics Boost: Dakar will host the 2026 Youth Olympic Games (31 Oct–13 Nov) across Dakar, Diamniadio and Saly, with about 2,700 athletes in 25 sports—positioned as a skills and jobs pipeline for Senegal’s sports economy. Aviation Deal Details: Senegal’s new Boeing 737-800 was christened “Gorée,” but fleet records point to a wet-lease setup involving Lithuania’s GetJet and Air Sénégal, raising questions about how the acquisition was publicly described. Maritime Security & Ports: USTDA will bring a 15-person delegation of port officials from Angola, Kenya, Nigeria and Senegal to the US to discuss port modernisation, digital supply chains and maritime security. Regional Business Links: Burkinabè banker Idrissa Nassa led a delegation to Nigeria’s embassy in Ouagadougou to expand trade, investment, logistics and digital economy ties. Debt Restructuring Talk: A UK-backed coalition is pushing for wider use of “debt pause” clauses in private sovereign loan restructurings to improve crisis-era debt sustainability. Transport Safety: Yango reports reckless driving incidents fell 33% in Senegal (and 38% across Africa) after safety tech and driver accountability measures.

Oil & Gas Licensing: Senegal plans to offer local investors a chance to take part in developing 109 oil and gas blocks, with the energy minister saying the government wants to boost the domestic private sector and speed up new agreements after nearly a decade with no fresh contracts. Regional Security: Senegal has deployed 618 Ecomig soldiers to The Gambia as part of an ECOWAS mission, with the army chief stressing the role of the troops in supporting a “brotherly” neighbour and urging disciplined, measured use of social media. Transport & Trade Links: Gabon says it will study Senegal’s transport infrastructure and management models after talks in Dakar, aiming to align safety and regulatory frameworks and share expertise. Port Management: Conakry Terminal in Guinea appoints Édouard Leno as managing director, tasking him with improving performance and strengthening the port’s competitiveness in West Africa. Road Safety Tech: Yango reports a 38% drop in reckless driving incidents across its African operations (including a 33% fall in Senegal), citing driver monitoring and speed-control tools. US Visa Rules: The US published its E-2 investor visa treaty list, showing Senegal is eligible under its investment treaty, while most other West African countries are not. Youth Olympics: Dakar 2026 Youth Olympic Games will run 31 Oct–13 Nov 2026 across Dakar, Diamniadio and Saly, with about 2,700 athletes in 25 sports.

Oil & Gas Licensing: Senegal will put 109 of its 113 oil and gas blocks up for grabs at an investor roadshow, aiming to boost local participation and speed up new agreements after nearly a decade without fresh contracts. UAE–Senegal Finance Talks: Kuwait and Senegal’s finance teams met to explore development and investment cooperation during Senegal’s official visit. Energy & Local Business Push: The energy minister says Senegal wants Senegalese entrepreneurs to take part in exploration and production, including independent geological work. Visa Access for Investors: The US published its E-2 treaty investor visa list; Senegal is included, while most West African countries are not—an angle that matters for business mobility and investment planning. Maritime Security Watch: MARSEC warns that disruptions in regional maritime routes and migration flows could create a security vacuum in the Gulf of Guinea, raising risks for trade and costs. Governance & Accountability: Senegal’s political and civil-society debate continues to intensify, with public challenges to claims made by top officials. Regional Finance: Senegalese billionaire Yerim Sow’s Bridge Bank Côte d’Ivoire is set to start trading on the BRVM on Sept. 24 after a share sale.