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

Lagos, Nigeria. © Unsplash
Nigeria holds key interest rate at 27% as inflation pressures persist
Read More »
Image of oil refinery at night across the sea. Photo @Unsplash
Kenya approves $6.1 billion oil project after Tullow exit
Read More »
Mine site Photo © Unsplash
Qatar seals $500mn Ivanhoe Mines deal to secure Africa’s critical minerals
Read More »

Recent Politics

A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools nationwide as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Samia’s family picks ignite Tanzania nepotism storm
Read More »

Latest Posts

Latest news insights