Senegal has been rated A-/A2 by Bloomfield Investment Corporation. The announcement was made on September 30, 2021 took place in Dakar in the  presence of Abdoulaye Daouda Diallo, Minister of Finance and Budget, the IMF Representative in Senegal, the National Director of the BCEAO, the Directors General of senegalese financial agencies and the President of Bloomfield Investment Corporation, Stanislas Zézé.

Bloomfield Investment Corporation Chairman Stanislas Zézé presented the highlights of the rating. It reveals that Senegal has obtained a long-term investment rating of A- (low risk) and a short-term investment rating of A2 (low risk).  The long-term investment rating A- reflects high credit quality. "The protective factors are good. However, the risk factors are more variable and more important in times of economic pressure," says Bloomfield. In the short term, the A2 rating means that the certainty of timely repayment is good. The factors that strengthen Senegal's rating are based in particular on a debt strategy oriented towards concessional debt, making it possible to limit the cost of debt and an overall satisfactory budget execution despite the restrictive context in 2020.

In addition Senegal has maintained political stability, an ambitious development plan but whose results remain to be improved and good growth prospects, backed by the exploitation of hydrocarbons. Among the risk factors weighing on Senegal's rating, a rising level of indebtedness, as part of the financing of the Plan Sénégal Emergent, an economy that remains highly dependent on external resources, a budget deficit that is worsening, in connection with the pandemic  response plan and negative economic growth in 2020, in connection with the covid19 pandemic.