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

Nigeria President Bola Tinubu. Photo @Bola Tinubu/Facebook
Nigeria is spending its oil windfall: smart counter-cyclical move or risky fiscal bet?
Read More »
Demos Kyriacou, Deputy CEO, COO and Co-founder at Wingu Africa. Photo @ Wingu Africa LinkedIn Page
How Ethiopia’s new cloud era with Wingu signals Africa’s data sovereignty shift
Read More »
La Digue, Seychelles. Photo by Jessica Pamp @ Unsplash
Scramble for Africa: Why China is boosting Seychelles with $14mn
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