Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Senegal raises $346m in latest WAMU debt auction

© Unsplash

Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Bond issue oversubscribed despite high debt levels
  • Analysts urge caution as IMF aid programme remains suspended

DAKAR, SENEGAL – Senegal raised 193 billion CFA francs ($346 million) on Thursday, July 3, in another successful regional debt market auction, the Ministry of Finance announced, underscoring investor appetite despite the country’s rising debt profile.

Stay ahead with Real time Updates

Recent Business

South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
21/11/2025
1 day ago
Kent Mensah
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
South Africa cuts interest rates as inflation eases and rand strengthens
21/11/2025
1 day ago
Vitalio Angula
Read More »
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
21/11/2025
1 day ago
Ahmed Boulor
Read More »
Custom Research

Recent Politics

South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
21/11/2025
1 day ago
Kent Mensah
Read More »
Nnamdi Kanu (in trademark white turtle neck shirt) in court | File photo @ The Cable
Nigeria jails separatist leader Nnamdi Kanu for life, deepening tensions
20/11/2025
2 days ago
Vincent Nwanma
Read More »
Fishing near the Indian Ocean. Photo by Egle Sidaraviciute @ Unsplash
Uganda’s Museveni sparks regional tensions with Indian Ocean claim
19/11/2025
3 days ago
Wanderi Kamau
Read More »

Latest Posts

Latest news insights

South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Read More »
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Read More »
South Africa cuts interest rates as inflation eases and rand strengthens
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Read More »
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Read More »
Can the DRC sustain global cobalt demand without deep structural reform?
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Read More »
South Africa cuts interest rates as inflation eases and rand strengthens
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Read More »
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Read More »
Can the DRC sustain global cobalt demand without deep structural reform?
South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
Read More »
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Read More »
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Read More »
Can the DRC sustain global cobalt demand without deep structural reform?
South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
Read More »
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Dakar, Senegal © Unsplash
Read More »
Senegal’s revenue surge signals rare fiscal strength amid oil, telecom boom