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Africa: Senegal Secures $2.2b IMF Deal As Debt Restructuring Looms

[Daba Finance] Senegal reached a staff-level agreement with the International Monetary Fund for a $2.2 billion, 3-year lending programme as the government seeks to restore debt sustainability after…

  • Senegal secures $2.2 billion IMF deal for debt sustainability.
  • Public debt at 132% of GDP, hidden borrowing up to $13 billion.
  • New deal requires IMF and Executive Board approval.

Nigeria: Daba, Coronation Open Nigerian Market Access to Global Investors

[Daba Finance] Daba Finance and Coronation have agreed a distribution arrangement that will give eligible investors outside Nigeria digital access to Nigerian capital-market products, as the country's…

  • Daba Finance and Coronation form distribution agreement for global investor access.
  • Partnership offers digital platform access to Nigerian capital-market products.
  • NGX All-Share Index rises 57% in 2026, aiming for FTSE Russell Frontier Market reclassification.

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