Senegal Financial News

Founded in 2020 by banking industry veterans Dominic Duru, previously of RBS and Citi, and Khalid Talukder, previously of UBS, Citi & Deutsche Bank, DKK specialises in emerging markets (EM) and foreign exchange (FX) liquidity. The firm last raised a £3 million pre-seed round in September last year at a pre-money valuation of £100 million. DKK has seen its flow rise to $1.3 billion in transactions in the last year with Ebitda reaching an impressive $2 million. The firm has also opened dedicated offices across all key markets, including London, Dubai, Ghana, Nigeria, Cameroon and Senegal. Earlier this year, DKK received initial approval from the Dubai Virtual Assets Regulatory Authority (VARA) to offer Virtual Asset Broker Dealer Services. As part of the deal Meridien Holdings will help the firm to scale up its operations by supplying complementatary technology to help drive efficiency and distribution of its products and services.

Open Society Foundations revealed Tuesday its first new commitment after a years-long internal reorganization, pledging $400 million over eight years to support green economic development

While he survived the gruelling annual rites that unfolded in extreme heat again this year, he has not seen his wife since Sunday and fears she is among the more than 1,000 reported fatalities — the majority unregistered Egyptians like himself.

Hajj this year owing to the extreme heat conditions, the Ministry of External Affairs (MEA) said on Friday. «A large number of pilgrims visit Hajj every year. This year, 175,000 Indian pilgrims have visited Hajj so far. We have 98 Indian pilgrims who have died this year,» said MEA Spokesperson Randhir Jaiswal in a weekly briefing. In Mecca, temperatures hit 51.8 degrees Celsius (125 Fahrenheit), on Monday.

Production has started at Senegal's first offshore oil project

military officials from the U.S. and its top African allies watched intently as dust and flames shot up from pieces of the Sahara Desert hit by tank and artillery fire. They looked up as pilots flew F-16s into formation. And they listened intently as Moroccan and American personnel explained how they would set up beachheads to defend the Atlantic coastline in the event of a potential invasion. The practice scenario was among those discussed during African Lion, the United States' largest annual joint military exercise on the continent, which concluded Friday in Morocco.

A new report has found that billions of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world

Spanish authorities say that a building housing a bar and restaurant that collapsed on Mallorca lacked the proper authorization

Boeing 777-300ER plane with 211 passengers and 18 crew was headed to Singapore when it made the emergency landing," the airline was quoted by Reuters as saying in a statement. “We can confirm that there are injuries and one fatality on board the Boeing 777-300ER," the carrier said in a statement. ALSO READ: Boeing plane makes emergency landing in New York after exit slide falls off The airlines informed that it is "working with the local authorities in Thailand to provide the necessary medical assistance and sending a team to Bangkok to provide any additional assistance needed." According to Reuters, the aircraft, with 211 passengers and 18 crew on board, was traveling from London Heathrow and diverted to Bangkok’s Suvarnabhumi Airport after encountering the turbulence.

ALSO READ: US says Boeing can be prosecuted for 737 MAX crashes The Boeing AGM was conducted online, and a moderator asked Calhoun and Steven Mollenkopf, the new chairman of Boeing's Board of Directors, a handful of shareholder questions. However, reports noted that none of the questions were too pointed.

Boeing 737 passenger planes were involved in accidents within a matter of hours of each other on Thursday, with one plane’s tire bursting during landing in Turkey, while another plane skidded off the runway in Senegal.A Boeing 737-3 plane carrying 85 people skidded off a runway at the airport in Dakar, Senegal’s capital, injuring 10 people, according to the transport minister, an airline safety group and footage from a passenger that showed the aircraft on fire.“Our plane just caught fire,” wrote Malian musician Cheick Siriman Sissoko in a post on Facebook that showed passengers jumping down the emergency slides at night as flames engulfed one side of the aircraft. In the background, people can be heard screaming.Transport Minister El Malick Ndiaye said the Air Sénégal flight operated by TransAir was headed to Bamako, in neighbouring Mali, late Wednesday with 79 passengers, two pilots and four cabin crew.The injured were being treated at a hospital, while the others were taken to a hotel to rest.

Boeing 737 carrying 85 people caught fire and skidded off a runway at Senegal's main airport, injuring 10 people including the pilot, the country's transport minister said Thursday. Passengers were evacuated from the burning aircraft and some described «complete panic» as they scrambled for their lives. The Air Senegal flight operated by TransAir was headed to Bamako, in neighboring Mali, late Wednesday with 79 passengers, two pilots and four cabin crew, when the crash happened at Blaise Diagne International airport, about 50 kilometers (31 miles) from Dakar.

Senegal’s transport minister says a Boeing 737 plane carrying 85 people caught fire and skidded off a runway at an airport near the country's capital, Dakar, and that 10 people were injured

Every small business owner knows how difficult it can be to access affordable capital. But for many women in the Global South, it’s not just difficult, it’s often impossible. A few years ago in Senegal, I met a woman who decided to do something about that problem.

Women play a crucial but underappreciated role in West African farming

Senegal woke up to a new president-elect, Bassirou Diomaye Faye, a former tax inspector and political novice

By Diadie Ba

By Rachel Savage

₹1.64 trillion for fertilizer subsidy. India already has entered into long-term agreements with Morocco, Senegal, Israel, Oman, Canada, Saudi Arabia and Jordan in the past two years as part of this playbook. Though India is moving toward gaining self-sufficiency in urea, it still depends on imports to meet its rock phosphate demand.

no proposal as of now to remove export restrictions on wheat, rice, and sugar. And India will not import wheat and sugar," Piyush Goyal told reporters.

The forecourt of Paris City Hall sparkles with activity this holiday season, including a Christmas market and huge signs advertising the 2024 Olympics