Senegal In Arrears With Arab Development Bank as Debt Woes Grow

The Arab Bank for Economic Development in Africa told investors last week that Senegal is in arrears with the lender, people familiar with the matter said, adding to signs of...

By Matthew Hill, David Herbling · Bloomberg Markets

The Arab Bank for Economic Development in Africa told investors last week that Senegal is in arrears with the lender, people familiar with the matter said, adding to signs of mounting financial strain on the government.