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December 5, 2024

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

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AXIAN secures US$89.2 million in finance for Kolda solar-plus-storage plant in Senegal

Latest The Kolda solar-plus-storage project will be AXIAN’s second co-located project, and its first in Senegal. Image: AXIAN Energy. The Emerging Africa & Asia Infrastructure Fund (EAAIF), Dutch Entrepreneurial Development Bank (FMO) and German investor Deutsche Investitions- und Entwicklungsgesellschaft (DEG) have invested €84 million (US$89.2 million) into AXIAN Energy’s Kolda solar-plus-storage portfolio in Senegal. AXIAN

Africa Cup of Nations Qualifiers: Ivory Coast, Egypt, and Morocco Claim Victories

In an action-packed opening day of the 2025 Africa Cup of Nations (Afcon) qualifiers, Ivory Coast, Egypt, and Morocco all secured victories, while Senegal faced a surprising draw. The reigning Afcon champions, Ivory Coast, edged past Zambia with a 2-0 victory in Bouake, thanks to a second-half brace from Jean-Philippe Krasso. This result marks a

Senegal’s Faye dissolves parliament and sets elections for November

The president, citing reform roadblocks, said working with the opposition-led assembly had become difficult. Senegal’s President Bassirou Diomaye Faye has dissolved the opposition-led parliament, paving the way for snap elections six months after he was voted in on an anti-establishment platform. Faye said working with the assembly had grown difficult after members refused to start

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

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