M. Abdel Kader Ndiaye, President of the National Society of Public Works (SNBTP) and Vice-President of the Confederation of Businesses of the African Diaspora (CCIAD), has issued a public warning regarding Senegal's economic policy. In recent statements, he argued that the "blind pursuit" of foreign direct investment (FDI) should not take precedence over safeguarding the nation's strategic economic interests.
Ndiaye's comments reflect a growing debate within Senegal and across West Africa about the terms of foreign investment, particularly in strategic sectors like infrastructure, energy, and natural resources. He emphasizes the need for investments that create local jobs, transfer technology, and align with long-term national development plans, rather than those that extract value without building local capacity.
As a prominent figure in Senegal's construction and business diaspora sectors, Ndiaye's perspective carries weight in discussions on economic sovereignty. His stance advocates for a more selective and mutually beneficial approach to international partnerships, ensuring that economic growth also strengthens domestic industries and protects key national assets.
