486 employees have already been laid off, receiving a combined D210.6 million in compensation, along with D32.8 million in notice payments.
According to Jeune Afrique, President Faye and Finance Minister Cheikh Diba strongly opposed revealing the information at the time, fearing the economic fallout.
Gambiaj.com – (DAKAR, Senegal) – Senegal will begin construction of its first domestic gas pipeline network before the end of 2025,
Gambiaj.com – (BANJUL, The Gambia) – The National Assembly has approved the Appropriation Bill, 2026, giving legal effect to a record
Despite this prospectivity, PetroNor said it could not progress to drilling without securing partners to share the significant costs and risks.
“We have never fulfilled all the requirements. That is the simple answer,” the minister stated, confirming lawmakers’ concerns over the nation’s preparedness.
The clarification, shared with journalists on Friday, appears at first to contradict Finance Minister Seedy Keita’s earlier briefing to lawmakers
Gambiaj.com – (BANJUL, The Gambia) – The Gambia’s debt stock has risen from D110.7 billion (USD 1.74 billion) in 2023 to
The core of the issue, according to BofA, is the country’s financing strategy. To cover its 2026 needs, Senegal would have to raise 40% more than it did in 2025
The initiative seeks to broaden the tax base and rationalize tax expenditures to boost government revenue and create more fiscal space.
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