fitch ratings

Fitch Downgrade Highlights Risks of Afreximbank’s Rapid Growth from Lending to Distressed Governments Without Reform Conditions

Fitch Downgrade Highlights Risks of Afreximbank’s Rapid Growth from Lending to Distressed Governments Without Reform Conditions

A significant jolt has hit Africa’s financial landscape as Fitch Ratings downgraded Afreximbank’s credit rating to BBB- on June 4,… Read More

2 weeks ago

Fitch Upgrades Nigeria to ‘B’ Rating Citing Ongoing Economic Reforms

Fitch latest Ratings report has upgraded Nigeria's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) to 'B', from 'B-' signifying… Read More

2 months ago

South Africa’s Debt Challenge Remains Despite Stronger Revenues – Fitch

South Africa’s budget for the fiscal year ending March 2022 (FY21/22) reflects an improvement in the fiscal trajectory relative to… Read More

4 years ago