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.…
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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…
