Search

Senegal raises $346m in latest WAMU debt auction

Subscriber only Subscriber only
© Unsplash
  • 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.

You need an active subscription to continue reading this article.

Recent Business

Roundabout in Yaounde, Cameroon @ Pexels
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
Read More »
Ecobank building @ Pexels
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Read More »
Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights