Senegal’s dollar bonds are experiencing a decline after the IMF warned of fiscal deterioration. The yield on Senegal’s 2048 bonds increased due to concerns about the country’s rising fiscal deficit, which has been aggravated by reduced revenues and rising energy subsidies. The IMF’s report urged Senegal to implement reforms to[Read More…]
Author: JollofNews
G/Bissau Leader Makes Re-election Bid U-turn After ‘Rethink’
Guinea-Bissau’s President Umaro Sissoco Embaló has reversed his initial decision not to run for a second term in office. Embaló, who became president in 2020, had previously surprised many by citing advice from his wife as the reason for stepping down. However, after reconsideration, he has now expressed his willingness[Read More…]
Sports Minister Badjie Approves Stadium’s Ongoing Work
The Minister of Youth and Sports, Bakary Y. Badjie, has voiced his satisfaction with the progress of renovation work at the Independence Stadium. After touring the site and participating in a technical meeting, the Minister acknowledged that while the project has faced some delays, the work is moving forward with[Read More…]
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