Dakar, March 25, 2026 (AFP) - Senegal denies covertly borrowing 650 mn euros to avoid default

NAMPA / AFP

2026-03-25

Debt-laden Senegal has denied a report in the Financial Times that it covertly borrowed 650 million euros ($754 million) to avoid a default, saying it acted in line with "market transparency rules". The government, which took power in April 2024, accuses former president Macky Sall's administration of having concealed a huge level of debt. But the Financial Times reported Monday that the new government had secretly "tapped 650 million euros from......

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