eSwatini rating dropped on debt concerns
eSwatini, formerly Swaziland’s long-term issuer rating has been downgraded to B3 from B2 by Moody’s, on increasing downward pressure on the country’s…
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Egypt boosted by reforms
Egypt’s long-term foreign-currency issuer default rating (IDR) has been affirmed at B+ by Fitch Ratings, on the back of its track record of fiscal and…
Kenya cut on COVID-19 concerns
Kenya’s outlook has been dropped from stable to negative by S&P Global Ratings on concerns of the impact of the coronavirus disease 2019 (COVID-19)…
Mozambique weighted by fiscal pressures
Mozambique’s long-term foreign-currency issuer default rating (IDR) has been kept at CCC by Fitch Ratings, as the company struggles with fiscal pressures…
Ethiopia bolstered by growth
Ethiopia’s long term foreign currency issuer default rating (IDR) has been affirmed at B by Fitch Ratings, on strong medium term economic growth…
Namibia lowered on credit concerns
Namibia’s outlook has been dropped from stable to negative by Fitch Ratings, on increasing downward pressure on the country’s creditworthiness, on the back…
Kenya dropped on COVID-19 concerns
Kenya’s outlook has been dropped from stable to negative by Fitch Ratings on concerns of the impact of the coronavirus disease 2019 (COVID-19) crisis on the…
Senegal bolstered by strong post-COVID recovery
Senegal’s long-term sovereign credit rating has been affirmed at B+ by S&P Global Ratings, on expectations of strong economic recovery after the…