Senegal On The Edge Of Collapse
Senegal entered 2026 in the grip of a growing debt crisis that seems insurmountable. After the government of President Bassirou Diomaye Faye took power in April 2024, it became clear that his predecessor, Macky Sall (who held office from 2012 to 2024), had concealed enormous liabilities – including hidden loans equivalent to 25.3 percent of GDP – from the Senegalese people and the International Monetary Fund (IMF). These liabilities expose a structural contradiction: a development model subordinated to external finance has clear limits.
Senegal can no longer continue along this path.