<< Back             Poser >> Senegal secures $23.5B in investment pledges at second ‘invest in Senegal’ forum “These results confirm the credibility of our institutions and the strength of our economic vision,” Sonko declared, emphasising that Senegal is now positioning itself as a leading destination for strategic investment in West Africa. According to the Prime Minister, the two-day forum attracted over 11,700 participants from 70 countries and resulted in 51 partnership agreements and project deals across key economic sectors. The forum brought together prominent global figures and institutions, including Nigerian billionaire Aliko Dangote, Afreximbank President Dr Okey Oramah, and major private investors from Europe, the Middle East, and Asia. Discussions centred on industrialisation, energy, and fertiliser production - priority areas under Senegal’s 2024–2029 National Development Strategy, which aims to accelerate value-added manufacturing, strengthen agricultural productivity, and promote sustainable energy solutions. The event served as a platform for public-private dialogue on how to unlock financing, stimulate entrepreneurship, and expand job creation opportunities across Senegal and the wider region. Analysts say the record-breaking investment pledges mark a major diplomatic and economic victory for President Faye’s administration, which has been working to attract both domestic and foreign capital since taking office earlier this year. “Senegal is entering a new phase of growth built on trust, innovation, and partnership,” Sonko said, pledging that the government will ensure that all signed agreements translate into tangible projects that benefit the Senegalese people. The Invest in Senegal Forum has quickly become one of West Africa’s most influential investment platforms, showcasing the country’s strategic vision to become a regional hub for sustainable economic transformation. The Point GM	Oil Sees Third Weekly Loss Amid Signs of Glut Oil prices managed small gains through last week, but notched its third straight week of losses as traders grew increasingly concerned about over-supply. West Texas Intermediate (WTI) traded at Inflation will moderate to 17.83 per cent, analysts project Cowry Research has projected that Nigeria’s headline inflation will moderate to 17.83 per cent in October 2025, extending the downward trend observed in recent months.The post Inflation will moderate to 17.83 per cent, analysts project appeared first on The Guardian Nigeria News - Nigeria and World Naira slips by 1.37 per cent, faces fresh demand pressure The Nigerian naira came under renewed pressure in the foreign exchange (FX) market last week, weakening against the dollar as foreign exchange (FX) demand continues to outstrip supply, despite the Central Bank of Nigeria’s (CBN) interventions to stabilise the market.The post Naira slips by 1.37 per cent, faces fresh demand pressure appeared first on The Guardian Nigeria News - Nigeria and World NNPC Rakes In over N800bn from 30% Management Fee, Frontier Fund in Nine Months Emmanuel Addeh in Abuja The Nigerian National Petroleum Company Limited (NNPC) has reported a combined N801.3 billion from Management Fees and Frontier Exploration Funds within the first nine months The coming rare earths trade war Yusuf Bangura (Switzerland): Sierra Leone Telegraph: 17 October 2025: Very insightful piece! Trump and Biden foolishly thought the cards for global technological dominance were in US hands. They forgot that the US had long ceded to China control of the basic resources that power technological innovation in modern economies—rare earths. [Read AfDB approves $500 Million strategy to drive inclusive growth and economic resilience in Sierra Leone Sierra Leone Telegraph: 17 October 2025: The Board of Directors of the African Development Bank Group (AfDB) has approved a new Country Strategy Paper (CSP) for Sierra Leone for 2025–2030, committing approximately $500 million over the next five years to foster sustainable economic growth, strengthen resilience to fragility, and promote [Read