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

Solar farm. Photo by Michael Förtsch @ Unsplash
Econet bets on solar-powered industrial park to lure investment into Zimbabwe
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
China–Ethiopia trade tops $13bn as Beijing deepens economic footprint in Africa
Read More »
Oil rig. Photo by WORKSITE Ltd. @ Unsplash
Could the US takeover of Venezuela’s oil upset Africa’s crude exports?
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights