IBOV 176,140.57 ▲ 1.62% IPSA 10,974.16 ▲ 0.18% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.32% USD/MXN17.39▼ 0.12% USD/CLP936.43▲ 0.08% USD/COP3,205▼ 1.56% USD/PEN3.40▲ 0.07% USD/ARS1,481▲ 0.22% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.91% BRENT 93.66 ▲ 2.91% WTI 86.50 ▲ 1.87% IRON ORE 161.91 — — COPPER 6.49 ▼ 0.29% GOLD 4,152 ▲ 1.99% SILVER 60.45 ▲ 2.74% SOY 1,236 ▲ 1.33% CORN 483.00 ▲ 6.68% WHEAT 704.25 ▲ 3.87% COFFEE 316.15 ▼ 4.76% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 150.05 ▲ 4.35% COTTON 81.36 ▲ 3.04% COCOA 5,312 ▼ 5.26% BEEF 220.43 ▼ 2.76% CATTLE 338.85 ▼ 3.06% LITHIUM 69.13 ▲ 0.07% PETR4 42.47 ▲ 1.94% VALE3 74.63 ▲ 3.31% ITUB4 42.49 ▼ 0.09% BBDC4 18.73 ▲ 0.97% ABEV3 16.01 ▲ 1.33% BBAS3 20.87 ▼ 0.05% B3SA3 15.62 ▲ 2.97% WEGE3 46.55 ▲ 9.61% PRIO3 59.31 ▲ 1.94% SUZB3 42.10 ▲ 1.13% RENT3 36.88 ▲ 0.90% AZZA3 17.65 ▲ 0.97% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.81 ▲ 2.49% CVCB3 1.18 ▲ 5.36% POSI3 3.74 ▲ 1.63% SLCE3 13.86 ▲ 0.80% NATU3 8.78 ▲ 0.80% BRKM5 6.11 ▲ 7.01% RANI3 7.99 ▲ 1.27% CSNA3 5.35 ▲ 5.73% CMIN3 5.81 ▲ 4.12% USIM5 8.66 ▲ 2.36% GGBR4 23.80 ▲ 1.32% ENEV3 25.75 ▲ 1.30% CPFE3 46.46 ▲ 0.13% CMIG4 11.12 ▲ 0.91% EQTL3 39.13 ▲ 0.77% LREN3 13.42 ▲ 1.13% VIVT3 35.25 ▼ 1.54% RAIL3 13.61 ▲ 2.79% KLABIN 17.85 ▲ 1.48% RAIA DROGASIL 18.24 ▲ 0.61% RDOR3 34.13 ▲ 0.62% HAPV3 11.55 ▲ 2.76% FLRY3 16.60 ▲ 0.30% SMTO3 16.09 ▲ 3.27% UGPA3 32.47 ▲ 2.04% VBBR3 34.63 ▲ 2.00% BBSE3 42.22 ▲ 1.61% BPAC11 56.58 ▲ 2.19% CURY3 30.11 ▲ 0.53% AERI3 2.05 ▲ 0.49% VIVARA 21.43 ▲ 0.09% COMPASS 24.83 ▲ 1.60% VAMOS 3.17 ▲ 2.59% SANB11 26.61 ▼ 2.21% ASAI3 8.42 ▲ 2.06% SBSP3 29.08 ▲ 1.68% WALMEX 48.89 ▼ 0.53% GMEXICO 214.83 ▲ 2.80% FEMSA 228.84 ▲ 0.93% CEMEX 22.13 ▲ 0.27% GFNORTE 189.97 ▲ 2.24% BIMBO 60.19 ▲ 1.35% TELEVISA 9.89 ▲ 1.33% AMX 22.63 ▼ 0.57% GAP 377.08 ▼ 0.38% ASUR 271.80 ▼ 1.15% OMA 229.10 ▲ 1.26% KOF 183.07 ▲ 1.44% GRUMA 280.00 ▼ 0.92% KIMBER 39.18 ▲ 2.03% SQM-B 65,460 ▲ 1.43% COPEC 6,550 ▲ 1.55% BSANTANDER 79.24 ▲ 0.29% FALABELLA 5,947 ▲ 0.48% ENELAM 84.55 ▲ 0.02% CENCOSUD 2,010 ▼ 0.88% CMPC 1,079 ▼ 0.45% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 24.10 ▼ 0.41% YPF 81,775 ▲ 1.43% GGAL 8,195 ▲ 2.89% PAMPA 5,560 ▲ 1.55% TXAR 672.00 ▼ 1.03% ALUAR 975.00 ▲ 0.21% TGS 9,840 ▲ 1.34% CEPU 2,358 ▲ 0.77% MIRGOR 16,900 ▲ 0.75% COME 43.21 ▲ 0.79% LOMA NEGRA 3,688 ▲ 2.29% BYMA 295.25 ▲ 1.03% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.76 ▲ 1.39% BANCOLOMBIA 84.28 ▲ 0.76% GRUPO AVAL 5.05 ▼ 0.88% CREDICORP 388.46 ▼ 0.68% SOUTHERN COPPER 195.15 ▲ 3.80% BUENAVENTURA 32.32 ▲ 3.42% MERCADOLIBRE 1,810 ▼ 0.71% NUBANK 14.06 ▼ 2.33% XP 17.12 ▲ 1.57% PAGSEGURO 9.59 ▲ 0.05% STONE 11.22 ▼ 0.36% GLOBANT 31.71 ▼ 1.23% TECNOGLASS 45.34 ▲ 0.42% GAP AIRPORT 216.25 ▼ 0.66% ASUR 271.80 ▼ 1.15% OMA AIRPORT 104.99 ▲ 0.73% AMX ADR 26.00 ▼ 0.35% FEMSA ADR 131.40 ▲ 0.81% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.86% VALE ADR 14.74 ▲ 3.40% ITAU ADR 8.38 ▼ 0.30% SANTANDER BR 5.37 ▼ 0.83% AMBEV ADR 3.13 ▲ 0.64% CSN 1.07 ▲ 6.50% GERDAU 4.72 ▲ 1.62% LATAM ADR 51.31 ▼ 0.50% BTC 66,261 ▼ 0.37% ETH 1,950 ▲ 1.15% SOL 78.62 ▲ 0.65% XRP 1.16 ▲ 1.11% BNB 574.30 ▲ 0.12% ADA 0.18 ▲ 3.78% DOGE 0.07 ▲ 0.08% AVAX 6.64 ▲ 1.20% LINK 8.72 ▲ 0.82% DOT 0.85 ▲ 0.49% LTC 47.00 ▲ 0.39% BCH 220.75 ▼ 1.32% TRX 0.33 ▼ 0.32% XLM 0.19 ▼ 0.13% HBAR 0.07 ▲ 5.93% NEAR 1.89 ▼ 2.18% ATOM 1.47 ▼ 1.28% AAVE 97.96 ▲ 2.50% SELIC 14.25% EMBRAER 83.70 ▲ 1.27% EMBRAER ADR 66.10 ▲ 0.96% JBS 12.10 ▲ 1.21% JBS BDR 61.08 ▲ 1.43% MBRF3 15.60 ▲ 3.24% MBRFY 3.06 ▲ 3.73% INTER 5.56 ▼ 0.36% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.43% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.11▼ 0.04% USD/CNY6.76▼ 0.08% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD1.14▲ 0.11% GBP/USD1.34▼ 0.46% SPX 7,525 ▲ 0.21% DJI 52,434 ▲ 0.40% NDX 29,148 ▼ 0.03% RUT 2,969 ▼ 0.60% TSX 35,506 ▲ 0.39% VIX 16.80 ▼ 1.47% USD/CAD1.41▼ 0.11% US10Y 4.6500 ▲ 0.48% IBOV 176,140.57 ▲ 1.62% IPSA 10,974.16 ▲ 0.18% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.32% USD/MXN 17.39 ▼ 0.12% USD/CLP 936.46 ▲ 0.08% USD/COP 3,205 ▼ 1.56% USD/PEN 3.40 ▲ 0.07% USD/ARS 1,481 ▲ 0.22% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.91% BRENT 93.66 ▲ 2.91% WTI 86.50 ▲ 1.87% IRON ORE 161.91 — — COPPER 6.49 ▼ 0.29% GOLD 4,152 ▲ 1.99% SILVER 60.45 ▲ 2.74% SOY 1,236 ▲ 1.33% CORN 483.00 ▲ 6.68% WHEAT 704.25 ▲ 3.87% COFFEE 316.15 ▼ 4.76% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 150.05 ▲ 4.35% COTTON 81.36 ▲ 3.04% COCOA 5,312 ▼ 5.26% BEEF 220.43 ▼ 2.76% CATTLE 338.85 ▼ 3.06% LITHIUM 69.13 ▲ 0.07% PETR4 42.47 ▲ 1.94% VALE3 74.63 ▲ 3.31% ITUB4 42.49 ▼ 0.09% BBDC4 18.73 ▲ 0.97% ABEV3 16.01 ▲ 1.33% BBAS3 20.87 ▼ 0.05% B3SA3 15.62 ▲ 2.97% WEGE3 46.55 ▲ 9.61% PRIO3 59.31 ▲ 1.94% SUZB3 42.10 ▲ 1.13% RENT3 36.88 ▲ 0.90% AZZA3 17.65 ▲ 0.97% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.81 ▲ 2.49% CVCB3 1.18 ▲ 5.36% POSI3 3.74 ▲ 1.63% SLCE3 13.86 ▲ 0.80% NATU3 8.78 ▲ 0.80% BRKM5 6.11 ▲ 7.01% RANI3 7.99 ▲ 1.27% CSNA3 5.35 ▲ 5.73% CMIN3 5.81 ▲ 4.12% USIM5 8.66 ▲ 2.36% GGBR4 23.80 ▲ 1.32% ENEV3 25.75 ▲ 1.30% CPFE3 46.46 ▲ 0.13% CMIG4 11.12 ▲ 0.91% EQTL3 39.13 ▲ 0.77% LREN3 13.42 ▲ 1.13% VIVT3 35.25 ▼ 1.54% RAIL3 13.61 ▲ 2.79% KLABIN 17.85 ▲ 1.48% RAIA DROGASIL 18.24 ▲ 0.61% RDOR3 34.13 ▲ 0.62% HAPV3 11.55 ▲ 2.76% FLRY3 16.60 ▲ 0.30% SMTO3 16.09 ▲ 3.27% UGPA3 32.47 ▲ 2.04% VBBR3 34.63 ▲ 2.00% BBSE3 42.22 ▲ 1.61% BPAC11 56.58 ▲ 2.19% CURY3 30.11 ▲ 0.53% AERI3 2.05 ▲ 0.49% VIVARA 21.43 ▲ 0.09% COMPASS 24.83 ▲ 1.60% VAMOS 3.17 ▲ 2.59% SANB11 26.61 ▼ 2.21% ASAI3 8.42 ▲ 2.06% SBSP3 29.08 ▲ 1.68% WALMEX 48.89 ▼ 0.53% GMEXICO 214.83 ▲ 2.80% FEMSA 228.84 ▲ 0.93% CEMEX 22.13 ▲ 0.27% GFNORTE 189.97 ▲ 2.24% BIMBO 60.19 ▲ 1.35% TELEVISA 9.89 ▲ 1.33% AMX 22.63 ▼ 0.57% GAP 377.08 ▼ 0.38% ASUR 271.80 ▼ 1.15% OMA 229.10 ▲ 1.26% KOF 183.07 ▲ 1.44% GRUMA 280.00 ▼ 0.92% KIMBER 39.18 ▲ 2.03% SQM-B 65,460 ▲ 1.43% COPEC 6,550 ▲ 1.55% BSANTANDER 79.24 ▲ 0.29% FALABELLA 5,947 ▲ 0.48% ENELAM 84.55 ▲ 0.02% CENCOSUD 2,010 ▼ 0.88% CMPC 1,079 ▼ 0.45% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 24.10 ▼ 0.41% YPF 81,775 ▲ 1.43% GGAL 8,195 ▲ 2.89% PAMPA 5,560 ▲ 1.55% TXAR 672.00 ▼ 1.03% ALUAR 975.00 ▲ 0.21% TGS 9,840 ▲ 1.34% CEPU 2,358 ▲ 0.77% MIRGOR 16,900 ▲ 0.75% COME 43.21 ▲ 0.79% LOMA NEGRA 3,688 ▲ 2.29% BYMA 295.25 ▲ 1.03% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.76 ▲ 1.39% BANCOLOMBIA 84.28 ▲ 0.76% GRUPO AVAL 5.05 ▼ 0.88% CREDICORP 388.46 ▼ 0.68% SOUTHERN COPPER 195.15 ▲ 3.80% BUENAVENTURA 32.32 ▲ 3.42% MERCADOLIBRE 1,810 ▼ 0.71% NUBANK 14.06 ▼ 2.33% XP 17.12 ▲ 1.57% PAGSEGURO 9.59 ▲ 0.05% STONE 11.22 ▼ 0.36% GLOBANT 31.71 ▼ 1.23% TECNOGLASS 45.34 ▲ 0.42% GAP AIRPORT 216.25 ▼ 0.66% ASUR 271.80 ▼ 1.15% OMA AIRPORT 104.99 ▲ 0.73% AMX ADR 26.00 ▼ 0.35% FEMSA ADR 131.40 ▲ 0.81% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.86% VALE ADR 14.74 ▲ 3.40% ITAU ADR 8.38 ▼ 0.30% SANTANDER BR 5.37 ▼ 0.83% AMBEV ADR 3.13 ▲ 0.64% CSN 1.07 ▲ 6.50% GERDAU 4.72 ▲ 1.62% LATAM ADR 51.31 ▼ 0.50% BTC 66,261 ▼ 0.37% ETH 1,950 ▲ 1.15% SOL 78.62 ▲ 0.65% XRP 1.16 ▲ 1.11% BNB 574.30 ▲ 0.12% ADA 0.18 ▲ 3.78% DOGE 0.07 ▲ 0.08% AVAX 6.64 ▲ 1.20% LINK 8.72 ▲ 0.82% DOT 0.85 ▲ 0.49% LTC 47.00 ▲ 0.39% BCH 220.75 ▼ 1.32% TRX 0.33 ▼ 0.32% XLM 0.19 ▼ 0.13% HBAR 0.07 ▲ 5.93% NEAR 1.89 ▼ 2.18% ATOM 1.47 ▼ 1.28% AAVE 97.96 ▲ 2.50% SELIC 14.25% EMBRAER 83.70 ▲ 1.27% EMBRAER ADR 66.10 ▲ 0.96% JBS 12.10 ▲ 1.21% JBS BDR 61.08 ▲ 1.43% MBRF3 15.60 ▲ 3.24% MBRFY 3.06 ▲ 3.73% INTER 5.56 ▼ 0.36% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.36% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.11 ▼ 0.02% USD/CNY 6.7610 ▲ 0.06% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1412 ▲ 0.07% GBP/USD 1.3370 ▼ 0.07% SPX 7,525 ▲ 0.21% DJI 52,434 ▲ 0.40% NDX 29,148 ▼ 0.03% RUT 2,969 ▼ 0.60% TSX 35,506 ▲ 0.39% VIX 16.80 ▼ 1.47% USD/CAD 1.4092 ▼ 0.10% US10Y 4.6500 ▲ 0.48%
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Wednesday, July 22, 2026

Africa Western Africa

Senegal Embraces New Era with Faye’s Presidency

By · March 26, 2024 · 2 min read

Africa Intelligence

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Bassirou Diomaye Faye’s electoral victory marks a transformative moment in Senegalese leadership, advocating for a fresh approach to governance with a strong emphasis on transparency.

Garnering 53.7% of the vote, he outpaced Amadou Ba’s 36.2%, per preliminary data.

At 44, Faye is set to be Africa’s youngest leader elected democratically, hinting at changes in foreign and monetary policies, particularly regarding France’s CFA currency.

Several African countries use the CFA franc, a currency historically linked to the French franc and now tied to the euro, highlighting France’s colonial legacy.

His victory reflects a broad endorsement, significantly bolstered by Ousmane Sonko, an influential opposition figure.

Senegal Embraces New Era with Faye's Presidency
Senegal Embraces New Era with Faye’s Presidency – Bassirou Diomaye Faye. (Photo Internet reproduction)
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Faye and Sonko, initially colleagues in taxation, ventured into politics, leading to Faye’s rise amidst Sonko’s disqualification under the banner “Diomaye is Sonko.”

Faye’s ascent from detention to presidency marks a hopeful shift in leadership generations, promising solutions to youth unemployment and the renegotiation of resource contracts.

His election sparked celebrations, highlighting a public desire for innovative leadership. Despite his governmental inexperience, many see his fresh perspective as beneficial.

His victory contrasts with recent regional instabilities, marking a significant democratic engagement and leadership moment in Senegal and beyond.

Faye’s election, amid calls for governance reform and economic challenges, underscores a communal push for change, emphasizing economic reforms and anti-corruption efforts.

His collaboration with Sonko suggests a political narrative shift, aiming to address economic issues and youth disenchantment.

Faye’s administration faces high expectations to deliver tangible improvements.

Internationally, his presidency is seen as a test of democratic resilience, crucial for Senegal and West African stability.

Background

Faye’s election comes at a critical juncture for Senegal, a nation with a rich democratic tradition in West Africa that is facing contemporary challenges.

This victory over Amadou Ba reflects a public demand for governance that breaks from past practices, emphasizing the need for economic reform and anti-corruption measures.

Historically, Senegal has been seen as a beacon of democracy in the region, with peaceful power transitions since its independence.

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