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Senegal returns to market with $490mn bond despite debt strain

Senegal @ Pixabay
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Brandon Orion Mensah

Brandon Mensah tracks Africa’s markets, uncovering the forces shaping investment, policy, and financial trends.
  • Dakar plans third syndicated bond issue in 2025 worth $490mn
  • Debt revised up to 119% of GDP as IMF urges fiscal discipline

 

DAKAR, SENEGAL – Senegal is planning a $490 million syndicated bond issue, its third this year, as the West African nation faces record financing needs and debt revised to 119% of GDP.

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