Ecobank rating affirmed
Ecobank Transnational Incorporated (ETI), a Togo-based financial services company’s issuer rating has been affirmed at B2 by Moody’s, with the…
Country Alerts
Zambia downgraded on debt woes
Zambia’s long and short-term foreign and local currency sovereign credit ratings have been downgraded to CCC+/C from B-/B, with a stable outlook.…
South Africa deficits discolour ratings
South Africa’s long-term foreign-currency issuer default rating (IDR) has been pulled down from stable to negative, by Fitch, which is concerned about…
Angola’s high debt weighs down rating
Angola’s Long-Term Foreign-Currency Issuer Default Ratings has been affirmed at B by Fitch, with the outlook changed from stable to negative, based on the…
EBRD adds Libya to fold
The European Bank for Reconstruction and Development (EBRD) has brought in Libya as its latest shareholder. Libya becomes the fourth North Africa country of…
Tunisia bond gets moderately weak rating
The government of Tunisia is working on plans to issue a euro-denominated bond – with the note being assigned a moderately weak B+ expected rating by…
Zambia downgraded on liquidity pressures
Zambia’s long-term foreign-currency issuer default rating (IDR) has been downgraded to CCC from B- by Fitch Ratings, as the country struggles with…
DRC downgraded on shock management concerns
Democratic Republic of the Congo’s issuer rating has been downgraded from B3 to Caa1 by Moody’s, with the outlook changed to stable from negative, over…
Seychelles stays at BB- on governance
Seychelles’ governance has bolstered its long-term foreign-currency issuer default rating (IDR), with the country being kept at BB- with a stable outlook…