Search

Senegal Raises Over $60M Amid Budget Turbulence

Dakar, Senegal. 13th Mar, 2025. Credit: LE PICTORIUM/Alamy Live News
  • Treasury bond issuance surpasses target, attracting strong investor demand
  • Preference for short-term securities signals lingering concerns over economic stability

Senegal has successfully raised 38.5 billion CFA francs ($64 million) on the West African Monetary Union (WAMU) sovereign debt market, authorities announced on Monday. The issuance, conducted through a mix of Treasury Bills and Bonds (BAT and OAT), featured maturities of 364 days, 3 years, and 5 years.

Recent Business

Governor of the National Bank of Ethiopia, Eyob Tekalign, took center stage at a Capacity Development Talk session on the sidelines of the 2026 IMF/World Bank Spring Meetings in Washington, DC. Photo @NBE Facebook Page
Why Ethiopia's bold financial reforms could unlock growth or expose new risks
Read More »
Safety helmet at an oil field. Photo by Ümit Yıldırım @ Unsplash
Angola, Nigeria and Ghana in the firing line as Gulf crisis hits Africa’s fuel economies
Read More »
Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria’s fragile disinflation cracks as energy shock and election spending loom
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »

Latest Posts

Latest news insights