The axe fell on Friday evening, after the markets closed: Fitch Ratings downgraded France’s sovereign rating from AA- to A+. One notch, one might say, but a change in category that sounds like an admission: Paris has moved from the club of “high quality” issuers to the soft underbelly of “upper middle quality”. In other…...
Trending
- Three commercial banks join AFINHAB’s capital
- South Africa: Investors returning to local assets, according to Bank of America
- Chinese fund NewTrails Capital injects $55 million into Spiro
- ITFC and Burkina Faso sign a USD 1 billion framework agreement over five years
- Egypt: Central Bank tightens rules on loans to businesses
- In 2026, African trade between economic resilience and structural constraints
- Togo: Ekoué Djro Glokpor takes over as head of the national direction of the BCEAO
- Togo: Charles Gaffan, former local operations director of Vincent Bolloré, moves up
France downgraded to A+: the downgrade of an upper middle power
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