Cape Verde bolstered by good debt structure
Cabo Verde’s long-term foreign-currency issuer default rating (IDR) has been affirmed at B- by Fitch Ratings, on favourable debt structure. Fitch has…
Ratings
AECI stays firm
African Explosives and Chemical Industries’ (AECI) long-term and short-term national scale issuer ratings have been affirmed by a rating agency. The South…
Stanbic gets rating boost
Stanbic IBTC Bank’s national scale long-term issuer rating has been lifted to AA+(NG) from AA(NG), by a rating agency. The Nigeria-based financial services…
Zimbabwean insurer affirmed
A Zimbabwe-based financial services company’s national scale financial strength rating has been kept at of AA-(ZW) with a stable outlook, by a rating agency.…
Congo weighed down by debt
The Republic of Congo’s long-term foreign-currency issuer default rating (IDR) at has been kept at CCC by Fitch Ratings due to unsustainably high…
Tunis Re keeps AA rating
Societe Tunisienne de Reassurance’s (Tunis Re) national insurance financial strength (IFS) rating has been kept at AA (tun), with a stable outlook by…
PIC company keeps rating
Public Investment Corporation’s (PIC) Ghana-based financial services company’s national scale long term rating has been kept at A1(GH), by GCR Ratings.…
AFC’s outlook lifted
The Africa Finance Corporation’s (AFC) outlook has been lifted to stable from negative by Moody’s Investors Service. The Nigeria-based financial services…