POBLYSH DAILY
ISSUE OF
The biggest business stories moving African markets, with the outlets that reported them.
Moody’s downgrades Senegal’s credit rating for the fifth consecutive time while MTN Ghana reports tax payments exceeding its profit.
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Moody’s cuts Senegal rating for fifth time, warns of bigger creditor losses – Businessday NG
Senegal’s debt crisis has deepened after Moody’s Ratings downgraded the country for the fifth consecutive time, warning that external private
Why it matters: Investors in Senegalese debt face higher risk of losses as external private creditors are warned of deeper crisis.
Businessday NG · Nigeria · 1 November
MTN Ghana pays GH¢9bn to state, earns GH¢7.8bn profit in first 9 months of 2026 - MyJoyOnline
Shareholders see MTN Ghana’s tax burden outweigh its profit, highlighting the cost of doing business in Ghana.
MyJoyOnline · Ghana · 1 November
Egypt Cuts Electricity Tariff for Coded Meters by 30% for 6 Months
Households with eligible coded meters in South Delta see immediate relief from lower electricity bills.
SEE News — Sada Elbalad English · Egypt · 1 November