S&P Global Ratings offered Kenya a symbolic and strategic respite by upgrading its long-term sovereign rating to ‘B’ from ‘B-‘ on August 22, 2025, with a stable outlook. This rare signal in an African environment saturated with rating downgrades. The agency praised the temporary dissipation of external liquidity risks that were threatening Nairobi. Indeed, the…...
Trending
- BGFI Holding Corporation: successful bet, the offer of 80.558 billion CFA francs oversubscribed
- Dakar-Bamako Corridor: the southern route cannot bear Mali alone
- Facing African financial boundaries, Dangote’s IPO extended
- Daily African Financial Markets: Dangote IPO Extended
- Lesotho: an agreement with the ALSF to better negotiate its major contracts
- Paris-N’Djamena: towards discreet aerial rearmament?
- WADB signs a $25 million USD revolving credit facility with Topaz Multi-Industries SA to strengthen the manufacturing industry in Guinea
- Tunisia: Ennakl Automobiles company’s profit decreases by 9.20% in the first half of 2026
Kenya: S&P’s upgrade gives breathing space to sovereign debt
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com