June 08
Senegal: Senegal Makes Early Bond Payments Before IMF Talks
Senegal made early payments on 2 foreign-currency bonds days before talks with the International Monetary Fund, as the government seeks to rebuild investor confidence after a… Read more »
May 31
Senegal: BRVM Benchmark Index Hits New All-Time High
The BRVM ended the week higher even as public holidays reduced trading to 3 sessions and cut market activity. The BRVM Composite rose 1.07% to 425.54 points, a new record high,… Read more »
May 17
Senegal: BRVM Benchmark Composite Index Rises for Fourth Straight Week
The BRVM equity market closed higher for the week ended May 15, 2026, with headline indices posting gains. The BRVM Composite rose 1.99% to 412.64 points and the BRVM 30 gained… Read more »
May 03
Senegal: TotalEnergies Senegal Profit Grows Despite Pump Price Cut
TotalEnergies Marketing Senegal, the BRVM-listed fuel retailer and 69.1% subsidiary of TotalEnergies, posted net profit of 1.59 billion FCFA ($2.8 million) in the first quarter of… Read more »
April 27
Africa: Bank of Africa Senegal Q1 Profit Grows As Credit Demand Picks Up
Bank of Africa Senegal (BRVM: BOAS), the Dakar-based lender within the BMCE Group, opened 2026 on a stronger footing, growing net profit by about 10% year-on-year in the first… Read more »
Senegal: Senegalese Telco Giant Sonatel to Pay Dividends May 26
Sonatel (BRVM: SNTS) will pay a dividend of 1740 FCFA per share for the 2025 financial year, according to a market notice issued on April 23. Read more »
April 20
Senegal: Sonatel First-Quarter Revenue Grows 7 Percent On Data, Mobile Money Demand
Groupe Sonatel, the Orange-branded telecom operator spanning Senegal, Mali, Guinea, and Sierra Leone, opened 2026 with revenue growth of 6.9% to XOF 504.2 billion ($904 million at… Read more »
March 30
Senegal: S&P Downgrades Senegal Deeper Into Junk As Debt Risks Rise
S&P Global Ratings downgraded Senegal's local currency rating to CCC+/C from B-/B and affirmed its foreign currency rating at CCC+/C, with a negative outlook, citing rising… Read more »
March 22
Senegal: Bank of Africa Senegal Net Profit Rises 10% to 21.9b Xof in 2025
Bank of Africa Senegal, a unit of Morocco's BMCE Group, posted a net profit of 21.9 billion XOF ($38.5 million) for the year ended December 31, 2025, up 10% from 19.98 billion XOF… Read more »
March 06
Senegal: Senegal Plans to Slash Agency Count to Cut Spending
Senegal plans to eliminate 19 public entities as part of a government program to streamline state structures and reduce budget pressure. Read more »
February 27
Senegal: Mali Eyes Atlantic Access Through $800m Senegal River Corridor
Landlocked Mali could gain direct access to the Atlantic Ocean under an ambitious plan to transform the Senegal River into a major commercial shipping corridor linking Mali to… Read more »
February 18
Senegal: Genesis Holding Acquires 10% Stake in First Bank Senegal
Genesis Holding Company has acquired a 10 percent stake in FBNBank Senegal, becoming the first investor from the WAEMU region to join the bank's shareholder base. Read more »
February 14
Senegal: Islamic Bank of Senegal Secures €20m ITFC Trade Finance Line
The Islamic Bank of Senegal signed a €20 million financing agreement with the International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group,… Read more »
January 26
Senegal: Senegalese-Born TikTok Star Khaby Lame Sells Company for $900m
Khaby Lame, the world's most-followed TikTok creator with over 160 million followers, has closed an all-stock deal valued between $900 million and $975 million with Rich Sparkle… Read more »
January 23
Senegal: Senegal's Afcon Win Lifts Mood As Debt Talks Loom
Senegal's football team beat hosts Morocco in a dramatic Africa Cup of Nations final over the weekend, triggering street celebrations across Dakar and other cities. Read more »
November 09, 2025
Senegal: Telecom Giant Sonatel Third-Quarter Net Profit Jumps 8 Percent
Sonatel, the Senegalese telecom group and West African subsidiary of Orange, posted an 8% increase in net profit for the third quarter of 2025 to 311 billion CFA francs (about… Read more »
October 13, 2025
Senegal: Senegal's Senelec Launches $200m Hybrid Green, Sustainability Bond
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July 17, 2025
Senegal: Air Senegal and Asky Sign Codeshare Deal to Expand Regional Routes
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