Angola boosted by credit improvement
Angola’s foreign and local currency long-term issuer ratings have been upgraded to B3 from Caa1, with a stable outlook, by Moody’s Investors Service,…
Ratings
BAI given rating boost
Banco Angolano de Investimentos’S (BAI) long-term deposit ratings have been upgraded to B3 from Caa1, with a stable outlook by a rating agency. The…
SA miner keeps rating
Sibanye Stillwater, a South Africa-based mining company, has seen its long-term issuer default rating (IDR) has been kept at BB+, with a stable outlook by a…
SA utility company stays firm
A South Africa-based state-owned utility company’s national long-term rating has been affirmed at AA+ (zaf), with a stable outlook by a rating agency. The…
Angolan bank upgraded
An Angola-based financial services company’s baseline credit assessment (BCA) and long-term deposit ratings have been upgraded with a stable outlook by a…
Ghana clouded by high debt
Ghana’s long-term issuer rating has been kept at B3, with a negative outlook, by Moody’s Investors Service as the country struggles with a high debt…
Lafarge Africa keeps top rating
Lafarge Africa’s long-term and short-term national scale issuer top ratings have been affirmed by a rating agency. The Nigeria-based industrials producer’s…
AfDB rating affirmed
African Development Bank’s (AfDB) long-term issuer credit rating has been affirmed at AAA, with a stable outlook by a rating agency. The affirmation of the…
SCR keeps triple A rating
Societe Centrale de Reassurance’s (SCR) national insurance financial strength (IFS) rating has been kept at AAA (mar), with a stable outlook by a rating…
Zimbabwean insurer downgraded
A Zimbabwe-based financial services company’s national scale financial strength rating has been downgraded to A-(ZW) from A(ZW), with an evolving outlook by…