Credit Ratings

ACCRA, April 11 – Credit rating agency Moody’s has revised Ghana’s outlook to positive from stable, pointing to improving fiscal conditions as …

CAIRO, April 6 – Moody’s Ratings has maintained Egypt’s long-term sovereign credit rating at Caa1, while retaining a positive outlook, pointing to …

NEW YORK, April 4 – African policymakers are intensifying efforts to reshape how sovereign credit risk is assessed, as concerns mount that …

DAKAR, Mar 28 – S&P Global Ratings has downgraded Senegal’s local currency rating to “CCC+/C” from “B-/B”, citing rising refinancing risks and …

GABORONE, Mar 14 – S&P Global Ratings has downgraded the sovereign credit rating of Botswana, warning that prolonged weakness in the global …

KIGALI, Mar 14 – Fitch Ratings has revised the outlook on Rwanda to stable from negative, citing improved diplomatic engagement and reduced …

LAGOS, Feb 17 – President Bola Ahmed Tinubu has called for the establishment of a continentally owned credit rating agency, warning that …

LONDON, Jan 30 – S&P Global Ratings has assigned Africa Finance Corporation long-term and short-term issuer credit ratings of A and A-1, …

LAGOS, Jan 29 – Fitch Ratings has downgraded African Export-Import Bank’s Long-Term Issuer Default Rating (IDR) to BB+ from BBB-, pushing the …

NAIROBI, Jan 28 – Moody’s Ratings has upgraded Kenya’s sovereign credit rating, citing a reduced risk of near-term default and improving debt …