Senegal plans to pay 44 billion CFA francs in agricultural arrears
By the AFREEQUE newsroom, based on APS
The Senegalese government has announced around 20 measures for the 2026-2027 agricultural marketing campaign, including paying 44 billion CFA francs in arrears to suppliers of agricultural inputs. SONACOS is to buy 250,000 tonnes of groundnuts, with the state expecting to finalise the funding soon, according to Deputy Secretary-General of the Government Lamine Sarr, quoted by APS.
The Senegalese state plans to pay 44 billion CFA francs in arrears to suppliers of agricultural inputs, Deputy Secretary-General of the Government Lamine Sarr announced at an interministerial council meeting devoted to the 2026-2027 agricultural marketing campaign, according to APS.
The government also plans to finalise the financing that will enable the National Company for the Marketing of Oilseeds in Senegal (SONACOS), which is responsible in particular for buying groundnuts, to purchase 250,000 tonnes during the campaign. Its director-general, Cheikh Ahmeth Tidiane Guèye, said the company would need 100 million CFA francs for these purchases.
For groundnuts, the authorities are considering setting up a committee to recommend a producer price. They must also decide how to market the 70,450 tonnes stored in SONACOS factories. The number of collection points will depend on expected production and the funding available.
In the rice sector, the state plans a price-equalisation mechanism to help sell domestic production and a subsidy of 50 CFA francs per kilogram to be paid to producers. The council also planned to regulate imports of horticultural products according to the availability of local produce and to gradually digitise the marketing of groundnuts.
These measures add to the steps being considered to regulate groundnut collection, presented by the Senegalese government on 22 October.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
