Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Senegal Eyes Diaspora Bond to Tap $2.5 Billion in Remittances

Breaking News
© Allen Dreyfus

Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Authorities seek to tap remittance inflows to diversify funding sources
  • Diaspora Bond to offer 5% interest rate, lower than previous Eurobond issuance

Senegal is preparing to issue a “Diaspora Bond” aimed at its nationals living abroad to diversify the country’s financing sources, officials said on Tuesday.

Stay ahead with Real time Updates

Recent Business

Photo by Crystalweed cannabis @ Unsplash
South Africa eyes $11bn hemp market by enacting cannabis plant law
01/12/2025
41 minutes ago
Vitalio Angula
Read More »
Kampala, Uganda. Photo by Random Institute @ Unsplash
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
01/12/2025
2 hours ago
Esther Mubiru
Read More »
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Botswana trade deficit widens to $141mn as diamonds dominate exports
01/12/2025
4 hours ago
Eric Kasongo
Read More »
Custom Research

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
28/11/2025
3 days ago
Alhousseiny Djigo
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
25/11/2025
5 days ago
Vincent Nwanma
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
24/11/2025
6 days ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

Photo by Crystalweed cannabis @ Unsplash
Read More »
South Africa eyes $11bn hemp market by enacting cannabis plant law
Kampala, Uganda. Photo by Random Institute @ Unsplash
Read More »
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Botswana trade deficit widens to $141mn as diamonds dominate exports
Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Read More »
Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling
Kampala, Uganda. Photo by Random Institute @ Unsplash
Read More »
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Botswana trade deficit widens to $141mn as diamonds dominate exports
Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Read More »
Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling
Afreximbank staff led by Senior Executive Vice President, Denys Denya (in grey suit) with SMBC Nikko at Kanazawa Branch, Japan
Read More »
Afreximbank raises $527mn in Japan as investor demand surges
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Read More »
Botswana trade deficit widens to $141mn as diamonds dominate exports
Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Read More »
Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling
Afreximbank staff led by Senior Executive Vice President, Denys Denya (in grey suit) with SMBC Nikko at Kanazawa Branch, Japan
Read More »
Afreximbank raises $527mn in Japan as investor demand surges
A flag of China. Photo by Bo Peng @ Unsplash
Read More »
Is Africa becoming the new battleground for China and Asia’s minerals race?