Senegal, burdened by billions of dollars in hidden debts inherited from the former regime, is now looking to avoid the pitfalls of over-indebtedness.

During a presentation in Dakar, Senegalese Prime Minister Ousmane Sonko specified that the country will only seek foreign investors for the monetization of its assets. A way to maintain control while optimizing local resources. Thus, Senegal is sending a strong signal; that of assumed economic sovereignty. It remains to be seen whether this “made in Africa” strategy will inspire other countries on the continent, facing the same challenges of debt and financial dependence

Senegalese Prime Minister Ousmane Sonko unveiled a bold economic strategy on Monday. It is a new recovery plan financed 90% by national resources. This is an unprecedented approach for this West African country, which is banking on its recent oil and gas revenues to stabilize its finances without going into further debt