Senegal News News Senegal: S&P pushes Senegal's rating deeper into junk on "extremely likely" debt restructuring risks
Sept 4 (Reuters) - S&P on Friday cut Senegal's long-term foreign-currency rating to "CC" from "CCC+", citing a high likelihood that the government's planned debt restructuring will result in losses ...
News Senegal: Senegal agrees to restore 'debt sustainability' in return for IMF programme
By Anait Miridzhanian and Portia Crowe DAKAR, Sept 1 (Reuters) - The International Monetary Fund and Senegal have reached a staff-level agreement for a $2.2 billion three-year loan package, the IMF ...
News Senegal: S&P downgrades Senegal on debt fears
The rating decision drops the West African nation deeper into junk territory and underscores its vulnerability.
News Senegal: Senegal’s Bond Selloff Reveals Investor Angst on Debt Rework
Investors who had been holding out hope that Senegal could avoid a default are changing tack, selling its short-dated bonds as they expect losses ahead.
News Senegal: S&P Downgrades Senegal After Government Unveils Debt Rework
S&P Global Ratings cut Senegal’s credit score further into junk territory, saying a distressed debt exchange or default on the country’s foreign-currency commercial debt is “extremely likely” after ...
News Senegal: Senegal: IMF clears path for $2.2bn deal as Dakar agrees to restructure its debt
After two years of fraught talks, Senegal and the IMF have reached agreement on a $2.2bn programme. The price is a debt restructuring – a step President Bassirou Diomaye Faye’s government had long ...
News Senegal: Senegal begins installing nation’s first offshore aquaculture project; artisanal fishers, environmental groups urge caution
Senegal’s National Agency for Aquaculture (ANA) has begun installing the West African country’s first offshore aquaculture project as part of a larger national plan to expand marine commercial ...
News Senegal: IMF agrees $2.2B Senegal loan package
The move is a key step in tackling an economic crisis in the west African country sparked by the discovery of previously unreported debt.
News Senegal: Senegal’s little-known opposition leader Bassirou Diomaye Faye is named the next president
DAKAR, Senegal (AP) — Senegal's little-known, 44-year-old opposition leader Bassirou Diomaye Faye was named the country's next president on Monday, less than two weeks after being released from prison ...
News Senegal: Senegal’s fishermen pin hopes on new president to help them fill their nets
Dakar, Senegal – For the traditional, small-scale fishermen of Ouakam Beach in Senegal’s capital Dakar, inequality is just a glance away. Adama Gueye, a 58-year-old canoe captain, points towards the ...
News Senegal: What Senegal’s win over England means a year before the World Cup: ‘We have arrived’
Thomas Tuchel’s stern glare in his post-match press conference betrayed his frustration. His England side had been deservedly beaten 3-1 by Senegal in Nottingham on Tuesday. Not only that — the ...
News Senegal: Patrick Vieira Emerges as Favorite to Become Senegal's New Head Coach
The Senegalese Football Federation is already searching for a replacement for Pape Thiaw, with Patrick Vieira emerging as the leading candidate. The former France midfielder, who was born in Dakar, ...