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

Market, food, inflation. Photo by Anne Preble @ Unsplash
Botswana inflation hits 4.1% in January as food cost surges
Read More »
Asfaw Alemu CEO of Dashen Bank S.C and Ethiopis Tafara, Vice President of Africa, IFC. Photo @ Dashen Bank
IFC, Dashen Bank seal $10mn risk deal to unlock SME lending in Ethiopia
Read More »
Barrels of oil. Photo by Atik sulianami @ Unsplash
ENI discovers 1.4 billion barrels of oil in Côte d’Ivoire
Read More »

Recent Politics

Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »
Burundi’s President Évariste Ndayishimiye. Photo: Présidence - République du Burundi/Facebook
African Union elects Burundi’s Ndayishimiye as 2026 chair
Read More »

Latest Posts

Latest news insights