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2 clusters · 2 sources · 15 days · First seen · Last updated

Senegal fiscal and asset revenue trends

Overview

Senegal reported significant increases across various fiscal and asset-related sectors during 2025.

In the area of criminal asset recovery, the Office National de Recouvrement des Avoirs Criminels (ONRAC) experienced a sharp rise in confiscations, including a 104% increase in seizure orders and substantial growth in seized bank assets and bail guarantees. The agency also conducted public auctions that generated over 2 billion FCFA in revenue.

Concurrently, the country saw growth in extractive industry revenues, with hydrocarbon earnings increasing by over 74% in the first half of 2025, driven largely by PETROSEN and specific oil fields. Despite fluctuations in specific petroleum companies, the mining sector remained the dominant driver of extractive revenue. Overall state revenues also rose by 7.9% during the first five months of 2025, fueled primarily by an increase in tax revenues, particularly corporate tax.

Entities

Senegal · BP Sénégal · Woodside · Extractive Industries Transparency Initiative · Petrosen

Timeline

  1. 6 days ago

    [BUSINESS] 2 sources
    Senegal reports surge in hydrocarbon and fiscal revenues

    Senegal's hydrocarbon revenues rose 74% to 37.5 billion FCFA in H1 2025, while total state revenues grew 7.9% driven by increased tax collections.

  2. 21 days ago

    [CRIME] 2 sources
    Senegal's ONRAC reports record seizures and auction revenue in 2025

    Senegal's ONRAC, on its fifth anniversary, recorded 200 seizures in 2025—a 104% rise—and earned 2.23 bn FCFA from 19 auctions, with 85% of revenue from Dakar.

Sources

ndarinfo.com · senego.com