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March 11, 2025

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

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Senegal’s Debt and Deficit: A Harsh Economic Reality [Business Africa]

This week on Business Africa: Senegal faces a budgetary crisis following a damning report, Ibrahim Traoré bets on industrialization for Burkina Faso’s self-sufficiency, and Nigeria seeks to harness its mining potential to reduce imports. Senegal: Public Finances Under Strain After Court of Auditors Report Senegal is facing a financial transparency crisis after the latest report

Senegal: Senegal’s Police Chief Visits Gambia to Strengthen Bilateral Ties, Security Collaboration

The Senegalese Inspector General of Police, General Mame Seydou Ndour arrived in The Gambia for a working visit from January 7 to 11, 2025. General Ndour was received at the Banjul International Airport by senior officers of The Gambia Police Force, including AIG Ebrima Bah, AIG Pateh Jallow, CP Buba Sarr, CP Adeline Basangeh, CP

Senegal’s Eyone Raises Funds to Digitalize Healthcare

Eyone, a Senegalese startup specializing in digital health, has raised $1 million round of financing to enable it to consolidate its leadership in its sector and accelerate its expansion in Africa. This crucial investment includes an $855,000 contribution from the Sonatel Group, through its investment fund VIF (Véhicule d’Investissement et de Financement), and $145,000 in

Senegal’s Sonko Bypasses Parliament to Adopt 2025 Budget

Senegal’s Prime Minister Ousmane Sonko waved through next year’s budget, bypassing a parliamentary vote on the 6.4 trillion CFA-franc ($10.2 billion) package. Author of the article: Bloomberg News Katarina Höije Published Dec 28, 2024  •  1 minute read (Bloomberg) — Senegal’s Prime Minister Ousmane Sonko waved through next year’s budget, bypassing a parliamentary vote on

Senegal’s ruling party secures parliamentary majority with 130 seats in 165-seat national assembly

Senegal’s ruling party won over three-quarters of parliamentary seats in weekend elections, according to national provisional results announced Thursday, potentially handing them the means to deliver their ambitious reform agenda read more Senegal’s Presidential Bassirou Diomaye Faye casts his ballot during the early legislative election, at a polling station in Ndiaganiao, Mbour, Senegal on November

Senegal: Senegal’s President Faye Commits to Process Raw Materials

Senegal’s President Bassirou Diomaye Diakhar Faye has vowed to prioritise the manufacturing of the country’s raw materials to enhance balance of trade. Faye reiterated this commitment during an interview on the sidelines of the 8th edition of the Future Investment Initiative, organized in Saudi Arabia. The event aimed at promoting investment in participating countries. When

Senegal’s radical government claims ‘large victory’ in legislative polls

On November 18, 2024, 9:33 PM The Senegalese government has claimed victory in Sunday’s parliamentary elections with most of the votes already counted. It said the ruling party, Pastef, had won with a “large majority”. A victory for Pastef would give President Bassirou Diomaye Faye a strong mandate to implement the radical agenda of economic

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: 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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