Sénégal - Soudan : Choc entre les deux pays les plus endettés d’Afrique» (Pr. Abou Kane, agrégé d’économie)
Senegal will face Sudan in the round of 16. While awaiting Saturday's match, everyone is analyzing it in their own way. In the opinion piece below, Professor Abou Kane, Associate Professor of Economics, examines this match from an economic perspective.
"Sudan was the first country to host the Africa Cup of Nations in 1957. It was the largest country in Africa until 2011 with the creation of South Sudan, which coexists with Sudan. With this division, Sudan became the third largest country in Africa after Algeria and the Democratic Republic of Congo. It is almost ten times the size of Senegal, but its population is around 50 million (compared to 18 million for Senegal)."
It is the most indebted country in Africa, with a debt exceeding 270% of its GDP (compared to 132% for Senegal). Yet, in June 2021, the World Bank and the IMF approved Sudan's eligibility for the Heavily Indebted Poor Countries (HIPC) initiative, which was intended to reduce its debt from 163% to 14% of GDP through debt relief (Senegal had reached this level in 2004, 17 years earlier!). The coup d'état in Sudan in October 2021 (four months later) led to the suspension of this debt relief program.
Since then, the Sudanese economy has been in dire straits, with inflation rates fluctuating between 90% and 130% annually. Yet, it is the world's leading producer of gum arabic (used in the food and pharmaceutical industries) and an exporter of gold, oil, cotton, and sesame. China, the United Arab Emirates, and India are its main trading partners.
Sudan is a member of the Intergovernmental Authority on Development (IGAD), which comprises seven East African countries (following the withdrawal of Eritrea, the eighth member). It is also a member of the Common Market for Eastern and Southern Africa (COMESA), which includes 21 countries. These are two of the eight regional economic communities recognized by the African Union, along with ECOWAS.
Senegal and Sudan are countries with low human development, but the average income of a Senegalese person is more than double that of a Sudanese person (80,000/month compared to 34,000).
Logically, Senegal should prevail without hesitation, and it's as clear as looking through a Khartoum (which is a light fabric that the elders know); it just so happens that Khartoum is the capital of Sudan.
Commentaires (25)
Actuellement nos supporters se promènent dans les rues du Maroc en se demandant pourquoi ils ont autant d’avance sur nous et pourtant, l’argent qui devait servir à bâtir les infrastructures du Sénégal est souvent dans les poches de politiciens ex ministres et ex Présidents. Il faut se battre pour avoir un pays normal où tout le monde se mettra au travail sérieusement sans voler l'argent du contribuable à coup de milliards sans rembourser ni aller en prison. DIOMAYE dégage ! SONKO 2029 !
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