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Senegal IMF Newswire

  • Published on Jul 31, 2026

    Foreign direct investment in Senegal decreases by 90%  

    - Advertisement - The latest data from the UNCTAD’s World Investment Report 2026 highlights a dramatic reversal of foreign direct investments (FDI) in Senegal. After several years of exceptionally high flows, FDI sharply contracted in 2025. According to …

    Source: The Standard Gambia - Neutral
  • Published on Jul 31, 2026

    Senegal President Faye Launches New Party, Formalising Split from Sonko and Pastef

    Senegal’s President Bassirou Diomaye Faye has officially launched a new political party, formalising his break from former Prime Minister Ousmane Sonko and the Pastef party that propelled both men to power. Mr Faye unveiled his new party, Kiiraay, also …

    Source: West Africa Weekly - Indeterminate
  • Published on Jul 28, 2026

    NGO coalition slams IMF

    A report by a coalition of NGOs accuses the IMF of a failure to change its damaging stance over the years and of working against the interests of the people of the South. A document produced by a coalition of NGOs (ActionAid, Education International and …

    Source: New African Magazine - Neutral
  • Published on Jul 27, 2026

    Senegal's president forms new party as political crisis continues

    Senegal’s President Bassirou Diomaye Faye founded a new political party, deepening his split with former Prime Minister Ousmane Sonko and setting the stage for a reelection bid. Faye will lead the new Kiiraay party in local and legislative polls ahead of …

    Source: Semafor - Neutral
  • Published on Jul 31, 2026

    ALHAJI ABUBAKAR ALHAJI (1938-2026)

     Abubakar Alhaji, diplomat, and former minister of Finance, dies An icon of the Nigerian public/civil service and scion of the Sokoto Caliphate, Alhaji Abubakar Alhaji, passed on yesterday in Abuja after wrestling with bouts of illness. Famously called …

    Source: This Day - Pro-Government
  • Published on Jul 25, 2026

    Senegal's President Faye launches a new party over deepening split with former ally Sonko

    DAKAR, Senegal — Senegal’s president formally launched his own political party Saturday, cementing his rupture with former ally Ousmane Sonko, the head of the ruling Pastef party, and setting up a power struggle during a major debt crisis. The creation of …

    Source: The Washington Times - Washington D.C. - Right-wing
  • Published on Jul 25, 2026

    Senegal’s President Faye launches a new party over deepening split with former ally Sonko

    DAKAR, Senegal (AP) — Senegal ‘s president formally launched his own political party Saturday, cementing his rupture with former ally Ousmane Sonko, the head of the ruling Pastef party, and setting up a power struggle during a major debt crisis. The …

    Source: Winnipeg Free Press - Neutral
  • Published on Jul 30, 2026

    Anti-Government Protests Resurge in North Africa

    Welcome to Foreign Policy’s Africa Brief. The highlights this week: Protesters take to the streets in Tunisia and Libya, Chad withdraws from the International Criminal Court amid U.S. pressure, and a new political party is launched amid a power struggle in …

    Source: Foreign Policy - Neutral
  • Published on Jul 29, 2026

    Ex-World Bank president slams one African country's borrowing strategy, warns it could backfire

    In a 2026 World Bank paper, Malpass explained that these asset-backed loans in countries like Nigeria, Angola, and Senegal cause lenders to compete over who gets paid first. If the economy gets worse, this competition can lead to major deadlocks. This …

    Source: Business Insider Africa - Neutral
  • Published on Jul 30, 2026

    How to rebuild hope

    In all regions of the world, people are going through a period of deep uncertainty. Conflicts and wars are multiplying; climate disasters are accelerating and hitting hardest those who have the least responsibility for them; the weight of debt is …

    Source: Democrata - Neutral
  • Published on Jul 20, 2026

    SENEGAL’S HIDDEN DEBT CRISIS: A WARNING FOR AFRICA ON TRANSPARENCY, ACCOUNTABILITY AND SOVEREIGN CREDIBILITY OP-ED

    Senegal has long been regarded as one of West Africa’s most stable democracies and more credible sovereign borrowers. Its institutions, infrastructure investments and record of peaceful political transitions gave the country considerable standing among …

    Source: The Point - Indeterminate
  • Published on Jul 29, 2026

    Ex-World Bank Chief Says Wealth Concentration Keeps Millions Of Nigerians In Poverty

    A former President of the World Bank Group, David Malpass, has said the concentration of income and wealth in the hands of a small elite continues to deny millions of Nigerians the benefits of economic growth, leaving the country’s median income well below …

    Source: Arise News - Neutral
  • Published on Jul 29, 2026

    Repeated currency devaluations deepen poverty —Ex-World Bank chief

    …warns Nigeria’s collateral-backed borrowing could complicate debt restructuring FORMER World Bank President David Malpass has said that repeated currency devaluations are deepening poverty in developing countries, as falling exchange rates drive up the …

    Source: Tribune Online - Center-right
  • Published on Jul 17, 2026

    UN campaign trail takes former president Macky Sall back to Senegal

    Sall is due to meet his successor, President Bassirou Diomaye Faye, on Friday afternoon before leaving Dakar immediately afterwards. The brief visit is "part of the consultations and visits I have undertaken in connection with my candidacy" for …

    Source: Modern Ghana - Neutral
  • Published on Jul 28, 2026

    Former World Bank chief warns Nigeria’s opaque debt deals could backfire

    Former World Bank President David Malpass has raised concerns over Nigeria’s growing use of collateral-backed borrowing, warning that increasingly opaque debt structures could complicate future debt restructuring and discourage investment if the country’s …

    Source: Nairametrics - Neutral
  • Published on Jul 17, 2026

    Senegal to hire Lazard on debt as financing pressures mount

    Senegal to hire Lazard on debt as financing pressures mount Zohra Bensemra/File Photo LONDON/DAKAR, July 16 (Reuters) – Senegal is expected to appoint Lazard as its financial adviser on debt matters, according to three sources familiar with the …

    Source: Zambian Observer - Indeterminate
  • Published on Jul 10, 2026

    IMF support: Will Senegal tap debt restructuring?

    Senegal is pressing ahead with efforts to secure fresh support from the International Monetary Fund as it grapples with rising debt-servicing costs, but growing political divisions and the scale of reforms required could leave the country dangerously …

    Source: CNBC Africa - Neutral
  • Published on Jul 13, 2026

    Senegal Is on the Brink

    West Africa is reeling. Over the past five years, coups have racked Burkina Faso, Mali, and Niger, and the juntas now in charge are dismantling the countries’ institutions. Even as they repress their subjects, they are losing territory to emboldened …

    Source: Foreign Affairs - Pending
  • Published on Jul 30, 2026

    Reflections on the Financialization of Politics in Africa

    In mid-July, I participated in the Conference on the Financialization of Politics in Africa that was held in Accra, Ghana. The conference brought together various stakeholders from the continent, with representatives from the African Union, governments, …

    Source: The Elephant - Pending

02 days 07:24:53

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