Search

Senegal Eyes Diaspora Bond to Tap $2.5 Billion in Remittances

Breaking News
© Allen Dreyfus
  • 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.

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


Recent Business

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 »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Is Senegal drifting towards default as political rift deepens?
Read More »

Recent Politics

Uranium mines. Photo by Wolfgang Hasselmann @ Unsplash
Namibia’s uranium could decide America’s AI energy race
Read More »
A tense protest scene in Nairobi, Kenya with a military vehicle using a water cannon against demonstrators. Photo by Stasham @ Pexels
The hidden economic cost of Kenya’s Gen Z protests
Read More »
Police watch on as protesters hold a sign demanding change in Nigeria during a peaceful demonstration. Photo by Dokun Ayano @Pexels
Will state police secure Nigeria or entrench governors’ power?
Read More »

Latest Posts

Latest news insights