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.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

South Africans are planning for retirement. Photo by Thato Moiketsi @ Pexels
Are South Africans saving smarter? Debt keeps closing in
Read More »
Fatima Ezzahra El Mansouri, Morocco’s first woman prime minister. Photo @Fatima Ezzahra El Mansouri/Facebook
Fatima El Mansouri: Morocco’s first woman premier inherits World Cup pressures
Read More »
Aliko Dangote, Africa's richest businessman. Photo @ Africa CEO Forum
What threatens Dangote’s $16bn Kenya refinery bet? Lamu land risk
Read More »

Latest Posts

Latest news insights