Senegalese PM Calls for Solidarity Economy to Drive African Macroeconomic Growth
Senegalese Prime Minister Mouhamadou Al Amine Lo has urged for the solidarity economy to become a macroeconomic driver for Africa. He made this call during the opening of FORA'ESS 2026, held in Dakar. The event has convened over 2,500 participants from 33 different countries. The primary objective of this gathering is to structure and strengthen the solidarity economy sector across the continent. FORA'ESS 2026 aims to foster collaboration and strategic development for this economic model.
The call to leverage the solidarity economy as a macroeconomic tool highlights a potential shift in development strategy, moving beyond traditional models. This approach could foster inclusive growth by prioritizing social impact alongside economic returns. However, the success of such a strategy hinges on robust governance frameworks and effective policy implementation to ensure scalability and sustainability. Integrating the solidarity economy into national and regional macroeconomic planning will require careful consideration of its unique characteristics and potential challenges in competing with established market forces.
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