Analysis-Senegal's youth want jobs from Faye, investors wary of radical ideas : vimarsana.com

Analysis-Senegal's youth want jobs from Faye, investors wary of radical ideas

Senegal's President-elect Bassirou Diomaye Faye rode to victory in Sunday's poll on a wave of protest votes against the West African country's current leader, fuelled by discontent that infrastructure-fuelled growth has failed to benefit all. While the young people who formed the backbone of Faye's support base want jobs and more even wealth distribution, investors expressed hope that pledges to create a new currency and renegotiate energy contracts won't be followed through. During outgoing President Macky Sall's 12 years in power, economic growth averaged almost 5%, boosted by spending on roads, railways, ports and airports, while Senegal had a reputation for being economically liberal and open to international business.

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