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.

Recent Business

Starlink terminal. Photo by Evgeny Opanasenko @ Unsplash
Why did Namibia reject Starlink despite demand for cheaper internet?
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
EU unveils €290mn Nigeria investment to boost digital, other sectors
Read More »
A community in Mozambique. Photo by Farah Nabil @ Unsplash
Mozambique halts rate cuts as Middle East conflict fuels inflation risks
Read More »

Recent Politics

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 »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »

Latest Posts

Latest news insights