Search

Senegal Eyes Diaspora Bond to Tap $2.5 Billion in Remittances

Breaking News
© Allen Dreyfus
  • Authorities seek to tap remittance inflows to diversify funding sources
  • Diaspora Bond to offer 5% interest rate, lower than previous Eurobond issuance

Senegal is preparing to issue a “Diaspora Bond” aimed at its nationals living abroad to diversify the country’s financing sources, officials said on Tuesday.

Recent Business

French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Local market scene in Monrovia, Liberia. Photo by B. Aristotlè Guweh Jr @ Pexels
Nigeria’s inflation reversal exposes fragile recovery amid deepening global energy pressures
Read More »
Dr Cassiel Ato Forson, Ghana's Minister of Finance. Photo @ Ghana Parliament/Facebook
Has Ghana finally escaped IMF dependency after years of economic trauma?
Read More »

Recent Politics

French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »

Latest Posts

Latest news insights