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

Payment system. Photo by Nathana Rebouças @ Unsplash
Moniepoint breaks into Kenya, shaking up East Africa’s fintech order
Read More »
Open mine site. Photo by Mining Watch @ Unsplash
Tanzania’s niobium bet: Can Panda Hill break Brazil’s dominance in critical minerals?
Read More »
Offshore sunrise between the Crane and Communications tower on a Gas Platform. Photo by Dean Brierley @Unsplash
Congo’s oil surge drives record exports, masking structural fiscal risks
Read More »

Recent Politics

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 »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights