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Trendsnafrica | 24/7 Africa News

Saturday, August 2, 2025
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Global Ties

US electric motorcycle company to set up plant in Kenya

News Desk - June 27, 2019
Global Ties

Airtel Africa IPO’s final pricing expected on June 28

News Desk - June 27, 2019
East Africa

Vivo Energy to acquire 50 percent stake in KFC East Africa

News Desk - June 26, 2019
East Africa

Ethiopia to award telecom licenses by the end of 2019

News Desk - June 26, 2019
Southern Africa

World Bank approves $420 million of IDA to Mozambique

News Desk - June 26, 2019
Southern Africa

Zimbabwean new currency to boost economic growth

News Desk - June 25, 2019
West Africa

Will Nigeria join AfCATA in the near future?

News Desk - June 25, 2019
Pan Africa

Skilling African Women : New ways and methods

News Desk - June 25, 2019
Pan Africa

UAE to focus more on Africa

News Desk - June 25, 2019
Pan Africa

US centric initiatives in Africa: Can it hold against Chinese market...

News Desk - June 24, 2019
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RECENT POSTS

Senegal Unveils Comprehensive Economic Recovery Plan

News Desk - August 2, 2025

Lesotho’s Fragile Economy Gets a Reprieve with the US Reducing Tariffs

News Desk - August 2, 2025

Ramaphosa Optimistic of a Better Trade Deal with Trump Administration

News Desk - August 2, 2025

Italian Top Court Allows Fast Tracking of Deportation of Migrants Under Certain Conditions

News Desk - August 2, 2025

Trilateral Meeting of Turkey, Italy and Libya Flags Migration Challenges 

News Desk - August 2, 2025

ABOUT US


Trends'n'africa is not alone a portal but a convergence of passion and dedication blending together to make forays into newer paradigms and vistas. Read More
Contact us: josephthachil@trendsnafrica.com

RECENT POSTS

Senegal Unveils Comprehensive Economic Recovery Plan (West Africa) (3 Minutes Read) One of the plan’s pillars is the regularization of contracts at Senelec, Senegal’s national electricity company, with a focus on combating technical fraud. The government estimates this measure alone could recover over 90 billion FCFA in lost revenue. The Senegal government has unveiled a comprehensive economic recovery plan aimed at strengthening public finances and revitalizing the national economy. Prime Minister Ousmane Sonko presented the measures during a high-profile announcement, outlining key fiscal reforms expected to generate hundreds of billions of FCFA. One of the plan’s pillars is the regularization of contracts at Senelec, Senegal’s national electricity company, with a focus on combating technical fraud. The government estimates this measure alone could recover over 90 billion FCFA in lost revenue. Additionally, the Prime Minister directed the Minister of Communication and Telecommunications to introduce fees for the audiovisual sector, including standardized rates for advertisements and digital services. To further boost state revenue, the government plans to tax online gaming and increase tobacco taxes, measures projected to yield over 100 billion FCFA. The taxation of digital advertisements is also expected to contribute significantly to public funds. In a move to support the Senegalese diaspora, the government will raise the age limit for importing passenger vehicles, addressing long-standing demands from overseas citizens. This policy aims to stimulate economic activity while catering to expatriate needs. Read Also: https://trendsnafrica.com/imf-commends-senegal-and-ghana-for-economic-reforms-and-transparency-efforts/ Prime Minister Sonko emphasized that these reforms will enhance savings and stabilize public finances. He urged citizens to back the initiatives, stating, "These measures are crucial for our economic revival. With collective effort, we can secure a stronger future for Senegal."

Senegal Unveils Comprehensive Economic Recovery Plan

Lesotho’s Fragile Economy Gets a Reprieve with the US Reducing Tariffs

Lesotho’s Fragile Economy Gets a Reprieve with the US Reducing Tariffs

Ramaphosa Optimistic of a Better Trade Deal with Trump Administration

Ramaphosa Optimistic of a Better Trade Deal with Trump Administration

Italian Top Court Allows Fast Tracking of Deportation of Migrants Under Certain Conditions

Italian Top Court Allows Fast Tracking of Deportation of Migrants Under Certain Conditions

Trilateral Meeting of Turkey, Italy and Libya Flags Migration Challenges 

Trilateral Meeting of Turkey, Italy and Libya Flags Migration Challenges 

Ethiopia to Launch the Grand Ethiopian Renaissance Dam (GERD) in September, Declares PM

Ethiopia to Launch the Grand Ethiopian Renaissance Dam in September, Declares PM

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