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While buildings are growing at a fast pace in Dakar and other cities in Senegal, massive investment in real estate is becoming a structural phenomenon of the economy.
While it offers attractive rents and attracts regional capital in search of stability, this choice of allocation of capital raises serious macroeconomic questions: low sustainable job creation, land speculation, higher housing costs and gradual exclusion from the middle class.
In a country with massive youth unemployment and high structural needs in agro-industry, energy, light industry and digital technology, the over-concentration of investment in stone questions the collective rationality of economic choices.
This podcast opens a strategic debate: can Senegal continue to cement its future or should it redirect its capital towards productive sectors that create value, jobs and economic sovereignty?
