Senegal president asks Saudi-based IDB to help organise sukuk bond

April 3, 2015 12:11 PM

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DAKAR, April 3 (Reuters) - Senegalese President Macky Sall has asked the Saudi Arabia-based Islamic Development Bank (IDB) to help his West African country tap the Islamic finance market for a second time as it seeks to organise financing for infrastructure projects.

The arid Sahel country launched its first Islamic bond through a 100 billion CFA franc ($166 million) sukuk placement in June last year.

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