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Rise of oil and mining: a key driver of trade recovery

Auteur: Aicha FALL

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Montée en puissance du pétrole et des mines : un moteur clé du redressement commercial

The rapid growth of the oil and mining sectors in 2025 will have a direct impact on Senegal's foreign trade. In June, the trade deficit fell to -30.3 billion CFA francs from -80.7 billion the previous month, driven by increased exports of oil, titanium, gold, and zirconium. Imports, however, experienced a moderate decline, reinforcing the positive effect on the trade balance.

Over the entire first half of the year, the recovery reached nearly 1,000 billion CFA francs, confirming that these sectors are no longer mere promises but concrete levers of economic stabilization. Oil and minerals are thus becoming structural pillars that support the country's financial credibility and investment capacity internationally.

This rise in power is transforming the national trade dynamic, but it also raises issues of sustainability and diversification. While exports help reduce the deficit, Senegal must ensure that these resources are integrated into local value chains and limit the risks associated with dependence on raw materials.

The recovery in foreign trade therefore reflects a broader trend: the structuring of the extractive sector is becoming a strategic lever for consolidating public finances and preparing the country for gradual industrialization, while strengthening its position on international markets.

Auteur: Aicha FALL | Publié le: dimanche 07 septembre 2025

Commentaires (2)

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    Science il y a 1 jour

    Oh la la si c'etait macky sall à la tete de ce pays en ce moment..un scientific ingénieur geologue moins bavard

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    Fans Macky il y a 1 jour

    Le Génie Macky Sall en s'endettant avait bien en perspective l'exploitation du prétole qui allait rééquilibrer en peu de temps le finances publiques. Nullards yi kessé gno doul comprendre. Etat dou affairou tiouné

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    et la population ? il y a 1 jour

    elle ne perçoit aucune miette de cette "mane" la vie est toujours trop cher pour elle mais tout va bien dans le meilleur des mondes ( celui des milliardaires corrompus, les politicards sont ravis n'est-ce pas Sonko, il va pouvoir encore bomber le torse !

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