🇸🇳SenegalWest Africa
Senegal's money supply reaches 11,568 billion FCFA in 2025
via SeneNews1 min read
Senegal's money supply saw a significant increase in 2025, growing by 1,361.9 billion FCFA, or 13.3%, over the year. By December 2025, the monetary aggregate stood at 11,568.4 billion FCFA, up from 10,760.6 billion FCFA the previous year. This growth accelerated towards the end of the year, with an increase of 807.8 billion FCFA between the third and fourth quarters. This expansion was driven by all monetary components, including transferable deposits current accounts which rose by 9.4%, currency in circulation which increased by 8.2%, and other deposits within the money supply which grew by 3%. This trend indicates robust banking activity and increased liquidity in the economy. Net external assets reached 2,597.2 billion FCFA by the end of December, a 15.2% increase, primarily due to a 41.2% rise in the net external position of the Central Bank of West African States BCEAO. Conversely, net external assets of commercial banks decreased by 63.2%. Domestically, claims rose from 10,952 billion FCFA to 11,454.7 billion FCFA, a 4.6% increase attributed to higher net claims on the Central Administration and credit to the economy.
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This summary was AI-generated from a story originally published by SeneNews.
During his two years as Prime Minister, former Prime Minister Ousmane Sonko led an active economic diplomacy, intensifying Senegal's international partnerships. Approximately 50 agreements were signed following 11 official visits to various partner countries. In China, from June 22 to 28, 2025, 16 agreements were signed in industry, housing, and transport, including grants and loans estimated at 100 billion. In Turkey, from August 6 to 10, 2025, four agreements were concluded in energy, agriculture, industry, and defense. In the United Arab Emirates, from September 8 to 12, 2025, agreements were signed in strategic sectors such as energy, mining, health, housing, and digital infrastructure, covering gas network development, photovoltaic power plants, mining projects, and hospital infrastructure. On the African continent, visits strengthened bilateral and regional cooperation. In Gambia December 19–20, 2024, discussions focused on infrastructure, agriculture, fishing, tourism, and the digital economy. In Mauritania January 13–14, 2025, talks concerned the GTA gas project, energy, fishing, and security. In Guinea-Bissau February 23, 2025, a memorandum of understanding was discussed regarding the situation in Casamance. In Burkina Faso May 16–17, 2025, cooperation was strengthened in defense, security, culture, sports, and finance. In Côte d'Ivoire May 30, 2025, bilateral cooperation was consolidated with a portfolio of nearly 49 cumulative agreements. In Sierra Leone June 1, 20
Donald Trump called the US men's national soccer team to wish them good luck for the World Cup, according to a video released by the team. In the call, made on Thursday evening, the former President told coach Mauricio Pochettino, an Argentine, that he believes the team has "a really good chance to go all the way." Trump, who will not attend the team's opening match in Los Angeles, expressed his well wishes despite not being particularly enthusiastic about the sport, though he stated he would watch the World Cup. The United States is co-hosting the 2026 World Cup with 48 teams, 32 years after last hosting in 1994. The men's national team hopes to generate public excitement, as they have historically not performed as well in global tournaments as the four-time world champion women's team.
Magistrate Biram Sène, Senegal's Director General of Elections, was unanimously elected president of the Network of Francophone Electoral Competencies RECEF during its General Assembly in Namur, Belgium, on June 12, 2026. This election signifies a new phase for RECEF, which unites electoral administrations from Francophone countries to promote reliable, transparent, and democratic electoral processes. Founded on August 24, 2011, in Quebec, Canada, RECEF aims to strengthen cooperation among electoral institutions, facilitate experience sharing, support the independence of election bodies, and encourage citizen participation. The network has expanded to include 37 member countries across several continents. Past presidents include General Siaka Sangaré of Mali 2011-2021, Tanor Thiendella Sidy Fall of Senegal 2021-2024, and Mathias Barthélemy Morouba of the Central African Republic 2024-2026. Sène's election is expected to usher in a new period of modernization and strengthened international partnerships in the electoral field, highlighting Senegal's role in electoral governance in Francophone Africa and beyond.