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December 22, 2024

TRENDING NOW: Bassirou Diomaye Faye Elected Fifth President of Senegal on March 24, 2024  🇸🇳

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Senegal president dissolves national assembly amid political tensions

After weeks of mounting tension between Senegal’s executive and the opposition-controlled Parliament, President Bassirou Diomaye has dissolved the National Assembly. The move fulfills the wishes of the president’s supporters, but it has sparked a heated debate among Senegalese citizens. “It’s in their interest” Aïssatou Diallo, a local observer, suggests the decision is strategic: “If they

Senegal: Senegal’s Dollar Bonds Fall As IMF Warns of Fiscal Deterioration

TLDR Senegal’s dollar bonds drop after IMF warns of worsening fiscal outlook, worst performers in Bloomberg’s index of sovereign dollar debt Yields on Senegal’s 2048 notes rise by 14 basis points to 9.78% following political instability and opposition-controlled parliament disbandment IMF highlights economic slowdown, widened fiscal deficit in Senegal, urgent reforms needed for stabilizing public

West Ham 0-3 Chelsea: What Were The Main Talking Points As The Blues Cruise Their Way To London Bragging Rights?

Extending on their recent Premier League flurry, Chelsea stormed their way to a 3-0 romp against West Ham on Saturday lunchtime. Getting off to a dream start here, Nicolas Jackson opened the scoring in the first four minutes as the Senegal international slotted past Alphonse Areola. In complete control throughout the early stages and with

Senegalese banker Ibrahima Cheikh Diong picked to lead new loss and damage fund

Diong has experience in development banking, government and insurance against climate disasters in Africa Governments have chosen veteran Senegalese banker Ibrahima Cheikh Diong to lead the new United Nations’ fund for responding to the loss and damage caused by climate change. The government officials who make up the fund’s board selected Diong – who has worked in

Coromandel International to buy additional 8.82 per cent stake in BMCC

NEW DELHI: Agro-chemicals firm Coromandel International on Wednesday announced the acquisition of an additional 8.82 per cent equity stake in Senegal-based rock phosphate mining company BMCC through its wholly-owned subsidiary. With this, the company’s overall shareholding in Baobab Mining and Chemicals Corporation (BMCC) will increase to 53.8 per cent. “Coromandel will invest USD 3.84 million

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