In Senegal, the Kedougou region, located 700 km from Dakar, contributes significantly to the country’s economic development. The paradox, however, is that this region is one of the nation’s poorest. A situation that poses a security risk for Senegal, according to the Institute for Security Studies (ISS).
The Senegalese government has adopted a $1 billion (CFA600 billion) investment plan for the Kédougou region. According to the minutes of the Council of Ministers meeting of November 22, the program spans the period 2024-2026 and will optimize the region's mining potential for sustainable development and youth employment.
At the moment, details regarding the project’s implementation are unknown. The government only stated that the program is "in coherence with PAP 3 [priority action plan, Editor's note] of the Plan Sénégal Emergent."
Gold is one of Senegal’s main exports, and Kédougou, a region located 700 km from Dakar, the capital, houses most of the country’s industrial and artisanal gold mines. Despite its contribution to Senegal's economic development, the region is one of the country's poorest. According to a report by the Institute for Security Studies (ISS) published in February 2022, this "gap between economic potential and poverty levels [...] fuels the population's frustration and sense of exclusion, making them vulnerable to recruitment by extremist groups."
In the report, the authors called on the authorities to adopt a multi-faceted preventive approach. This includes accelerating the formalization of artisanal and small-scale mining to reduce illegal exploitation and strengthen control over the gold marketing chain. State intervention must nevertheless be designed and implemented on a consultative basis to reduce tensions among the population and artisanal miners, the document states.
Emiliano Tossou
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Mali is seeking to strengthen digital skills training as part of its digital transformation strategy. The issue was discussed between Mali’s ICT...
Ghana is exploring new solutions with Huawei to strengthen rural telecom coverage. The discussions focus on expanding the Rural Telephony Project...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...