Dakar, Oct 11, 2025 (AFP) - Senegal lashes out at Moody's credit downgrade

NAMPA / AFP

2025-10-11

Senegal on Saturday criticised Moody's downgrade of its credit rating as "subjective and biased", as it strives to secure new aid from an IMF-supported programme. Ratings agency Moody's on Friday lowered its evaluation of Senegal's longterm debt to Caa1, from B3 previously, with a negative outlook suggesting a further downgrade could occur within months. The west African nation is struggling to right its finances as it grapples with public debt a......

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