
Senegal Bond Yields Surge, Shaking Investor Confidence as Moody’s Downgrade Sparks Debt Restructuring Fears
The downgrade, announced last Friday, signals deepening investor concerns about Dakar’s capacity to meet its obligations.

The downgrade, announced last Friday, signals deepening investor concerns about Dakar’s capacity to meet its obligations.

The final declaration sent a resolute message: fiscal justice is central to peace, security, and inclusive development, and reclaiming Africa’s stolen wealth

Former South African President Thabo Mbeki has urged African nations to strengthen unity, invest in domestic tax systems, and a fairer global tax framework

In response, IMF representatives and Minister Keita defended recent policy steps while acknowledging areas needing close monitoring.

The hackers are reportedly demanding a ransom of about €10 million (nearly 6.5 billion CFA francs) to release the system.

Diagne’s wife was detained by the Division of Criminal Investigations (DIC) after police arrived at the couple’s home looking for the journalist himself.

Darboe highlighted the GRA’s commitment to aligning its policies with international standards, promoting fairness and transparency

The prosecutor is pursuing them on charges of criminal association within an organized group and money laundering, citing a report by Senegal’s financial intelligence unit, Centif.

Taxes remain Africa’s main revenue stream, yet the continent’s average tax-to-GDP ratio lags behind the benchmark required for sustainable growth.

This leaves a difference of 160,350,000 CFA francs unexplained – a gap that casts doubt on the government’s declared commitment to transparency.
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