Senegal News » Dakar News Senegal » Dakar » Economy: Senegal bondholder group appoints White and Case as legal adviser, sources say
By Portia Crowe, Libby George and Karin Strohecker DAKAR/LONDON, Sept 9 (Reuters) - Holders of Senegal's sovereign bonds have organised a creditor group and hired White & Case as legal counsel, four ...
News Senegal » Dakar » Economy: Senegal must clear $3.5 billion arrears, reprofile debt, prime minister says
By Diadie Ba and Anait Miridzhanian DAKAR, Sept 8 (Reuters) - Senegal must clear 1.956 trillion CFA francs ($3.5 billion) in payment arrears as part of efforts to restore its public finances, Prime ...
News Senegal » Dakar » Economy: Senegal must clear $3.5bn arrears to stabilise finances, says PM Lo
Senegal must clear billions of dollars in payment arrears as part of efforts to restore its public finances, Prime Minister Ahmadou Al Aminou Lo said on Tuesday ...
News Senegal » Dakar » Economy: 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 » Dakar » Economy: 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 » Dakar » Economy: IMF reaches agreement with Senegal on new $2.2 bn loan programme
The International Monetary Fund announced an agreement with Senegal on Tuesday for a new $2.2-billion loan programme, after a prior deal was suspended following the discovery of previously unreported ...
News Senegal » Dakar » Economy: Senegal has an IMF loan, now what?
Heavily indebted Senegal received a $2.2 billion lifeline from the IMF earlier this week. With a total public-sector debt estimated at 132 percent of GDP at the end of 2024, Senegal is one of the most ...
News Senegal » Dakar » Economy: Senegal's Debt Figures Improve After Updating Economic Calculation
DAKAR (Reuters) -Senegal's economy is 13.5% larger and its debt ratio slightly better after the government updated the base year used to calculate its economic output, the statistics office said. The ...
News Senegal » Dakar » Economy: Senegal eyes processed goods exports to China
The Senegalese Condiment Company, meanwhile, has begun testing the Chinese market. More than 50 bottles of chili sauce and puree have been shipped to China as samples for evaluation, rather than as ...
News Senegal » Dakar » Economy: Senegal PM unveils economic recovery plan based on domestic resources
Senegalese Prime Minister Ousmane Sonko unveiled a new economic plan for reviving the economy – Copyright AFP/File Patrick T. Fallon Senegal’s prime minster ...