Angola boosted by firmer credit
Angola’s long-term foreign-currency issuer default rating (IDR) has been upgraded to B- from CCC, with a stable outlook, by Fitch Ratings, on significant…
Risk
Ghana struck down by debt woes
Ghana’s long-term foreign-currency issuer default rating (IDR) has been dropped to B- from B, with a negative outlook by Fitch Ratings, as the country…
Cameroon affirmed on expected rebound
Cameroon’s long-term foreign-currency issuer default rating (IDR) has been kept at B with a stable outlook by Fitch Ratings on expected economic rebound.…
Cabo Verde weighed down by debt
Cabo Verde’s long-term foreign-currency issuer default rating (IDR) has been kept at B-, with a stable outlook, due to its deteriorating debt metrics. The…
Seychelles lifted by tourism
Seychelles’ long-term foreign-currency issuer default rating (IDR) has been lifted to B+ from B, with a stable outlook, by Fitch Ratings, on the back of…
Togo stays firm on resilience
Togo’s long-term issuer ratings have been kept at B3 with a stable outlook, by Moody’s Investors Service. This is due to the resilience of its…
Nigeria lifted by oil prices
Nigeria’s outlook has been uplifted to positive from negative by Moody’s Investors Service. This is on the expectation that higher oil prices and some…
Tanzanian insurer upgraded
A Tanzania-based financial services company’s outlook has been upgraded to positive from stable by a rating agency. Alliance Insurance Corporation’s…
Nigerian industrials company keeps rating
A Nigeria-based industrials company’s scale long and short-term issuer ratings have been affirmed, with a stable outlook, by a rating agency. Eunisell’s…
Kenyan insurer keeps rating
A Kenya-based financial services company’s national scale financial strength rating has been kept at A(KE) with a stable outlook, by a rating agency. APA…