AGP Executive Report
Last update: 4 hours agoDebt Talks: The IMF’s Kristalina Georgieva said she is optimistic Senegal can reach a deal with creditors, a test of the G20 debt framework. The Fund is backing a proposed $2.2 billion programme, but debt terms remain under negotiation. Regional Power: The West African Power Pool plans to launch the second phase of its electricity market early next year, aiming to expand cross-border trade and improve supply. Digital Infrastructure: Senegal’s digital minister met Groupe Univers Telecom to discuss cybersecurity, cloud services and connectivity, priorities under the country’s digital sovereignty drive. Trade and Cooperation: Senegal and Algeria signed 15 agreements after a 29-year break in joint commission meetings, opening new areas for bilateral cooperation. Business: Senegalese billionaire Moussa Diao is leading a reported $1 billion buyout of fuel group Oryx Energies, while EPC Mineex Sénégal secured a €50 million blasting contract at Sabodala. Fishing and Food Supply: Senegal’s industrial fishing sector contracted 5.5% as catches fell; reports on fishmeal production also raise concerns that local fish are being diverted from food markets.
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