Senegal Chooses to Reprofile Debt Rather Than Restructure

Senegal’s prime minister has disclosed that the country will reprofile its debt—extending maturities and renegotiating interest rates—rather than pursue a full restructuring. The announcement follows a staff-level agreement with the IMF for a $2.2 billion …

Senegal lawmakers push back against PM Lo over IMF agreement

The International Monetary Fund took centre stage on Tuesday during debates in the Senegalese National Assembly. Laying out the government’s general policy statement, Prime Minister Ahmadou Al Aminou Mohamed Lo defended the government's recent …

The clock is ticking on Senegal’s ‘total return swaps’

Senegal PM says xenophobic rhetoric must stop

Senegal's prime minister denounced the rise of "xenophobic" rhetoric in the west African nation on Tuesday, while also calling on foreigners to strictly adhere to residency regulations. Last month, NGOs including Amnesty International Senegal …

Unveiling Senegal’s new policy roadmap: PM Lo maintains continuity with sharper execution focus

In a special session of the National Assembly held on Tuesday, 8 September 2026, Prime Minister Ahmadou Alhaminou Mohamed Lo delivered his General Policy Statement (DPG), as required under Article 55 of the Constitution. This came just over three months …

Senegal, Cape Verde breathed unsafe air for more than 120 days in 2025 – AfriCAN 2026 Report

For more than four months in 2025, parts of West Africa were breathing air that failed the World Health Organization's daily safety guideline.  That is according to the new Africa Air Quality Brief 2026, the first continent-wide air quality report from …

Al Aminou Lo steers Senegal 2050 course in policy address to parliament

In his general policy statement delivered Tuesday before the National Assembly, Prime Minister Ahmadou Al Aminou Lo immediately set the tone for his tenure: continuity. He anchored his entire roadmap in the national framework “Sénégal 2050,” making clear …

Pres. Faye hails Sahara’s enduring support for Senegal’s energy Development

President of the Republic of Senegal, H.E. Bassirou Diomaye Faye, has praised Sahara Group for its longstanding contribution to Senegal’s energy sector, describing the company as a trusted partner that continues to support the country’s energy security …

Senegal’s IMF deal fails to reassure bondholders

WHEN IMF staff announced a staff-level agreement with Senegal on September 1, 2026 on a thirty-six-month Extended Credit Facility worth about 2.2 billion US dollars, equivalent to roughly 475 per cent of the country’s quota, the conventional expectation …

S&P Downgrades Senegal’s Credit Rating

S&P Global Ratings has downgraded Senegal’s long-term foreign-currency rating to “CC” from “CCC+,” warning that the planned debt restructuring is likely to cause losses on foreign-currency creditors. The downgrade follows the discovery of billions of …