Senegal's sovereign credit rating was cut by S&P Global to B- late on Monday and immediately put on a negative outlook - effectively another downgrade warning - due to growing concerns about the ...

Senegal will raise nearly $10 billion over the next three years through tax increases, renegotiations of energy contracts, ...

S&P Global Ratings, in its downgrade of Senegal's credit rating this month, pegged hidden debts at around $13 billion and the ...

Other multilateral lenders might pause their lending to Senegal pending an IMF approval, S&P added, although it noted the ...

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Senegal's finance ministry said officials were recalculating the country's GDP using an updated base year, a move that could improve its debt metrics.

Senegal is grappling with billions of dollars in debt that was hidden by the previous administration. Prime Minister Ousmane ...

S&P added that Senegal's 118% debt-to-GDP ratio was the highest of all the African countries it rates in the 'B' long-term rating bracket. Its next rating review date is scheduled for November 16.