Senegal is tying its energy-led growth story to a wider investment drive, opening Fii 2025 under President Faye’s patronage. With Sangomar first oil flowing and gas exports due from GTA, the government is poised to unveil its petroleum code.
EBRD projects six sub-Saharan African economies to grow 4.7% in 2025, led by Benin and Côte d’Ivoire, while Nigeria and Ghana struggle with high inflation and Senegal enters a hydrocarbon boom.
Mali’s junta has sought to reassure citizens after Islamist militants tightened a blockade on highways feeding the capital, torching lorries and kidnapping foreign drivers in a campaign analysts warn could strangle the economy.
The $25bn Nigeria-Morocco Gas Pipeline (NMGP) project is nearing the start of its construction phase. The 6,000-kilometre infrastructure initiative has gained momentum following high-level meetings in Rabat in July.
The EBRD decided in 2023 to amend the bank’s charter and allow expansion into Sub-Saharan Africa and Iraq.