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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe financial situation in Senegal is tense and
Ivorian banks are coming in as the first reinforcement. Their debt purchases
Senegalese have been multiplied by three, to reach nearly 1,800
billion CFA francs (2.7 billion euros).
Senegalese banks hold 42% of
bonds of the country, at the very moment when the Standard & Poor's agency downgraded
Senegal's sovereign rating, increasing it from B- to CCC+. According to Standard
& Poor's, the rise of banks in Côte d'Ivoire on
Senegal's debt is not necessarily synonymous with excessive risk taking.
According to an Ivorian banking executive at the
retirement, “it is during difficulties that you must invest, and it will be
profitable in the medium term.” For the latter, Ivorian banks do not have
reason to be worried.
The economist Ousmane Diomandé recalls, of his
Côté indicated that “if Senegal wants to raise funds on the market and that
no one subscribes, he finds himself in much greater difficulties. La
underwriting banks in our sub-region allowed Senegal to have
the money needed and it is a considerable support for a country.”
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29/01/2026 - Secteurs
28/01/2026 - Secteurs
28/01/2026 - Secteurs
29/01/2026 - Secteurs