Senegal unveils 25-year economic and social development plan - News Summed Up

Senegal unveils 25-year economic and social development plan


Bassirou Diomaye Diakhar Faye President of Senegal addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 25, 2024. Senegal's government unveiled a 25-year development plan on Monday that it said would lay the foundations for economic sovereignty through competitiveness, sustainable resource management, and good governance. "We aim to build a diversified and resilient economy," Faye said at the launch ceremony, which comes a month ahead of a snap legislative election. Senegal became an oil producer in June when Australia's Woodside Energy WDS.AX started production at its Sangomar oil and gas field. Under the new plan, the government aims to increase access to electricity to 100% from 84% and make Senegal energy self-sufficient.


Source: Daily Nation October 14, 2024 20:10 UTC



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