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
- Should we call on the BCEAO to prevent default on UMOA member states?
- BREAKING NEWS – Versus Bank changes its top management
- Africa-Europe: Changing the Model to Unlock Investment
- Banks: 40% decrease in BH Bank group’s consolidated profit in 2025
- The Deep – and partly “unspoken” – Reasons for the United Arab Emirates’ Withdrawal from OPEC
- Afreximbank: The Elombi model, between balance sheet discipline, energy sovereignty, and acceleration of intra-African trade
- Let the Impartial Viewer Judge the World Bank
- Egypt: CIB completes a securitization of $27.3 million for B.TECH
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