Fitch Ratings downgraded Afreximbank’s long-term credit rating to BB+ on January 28, 2026, moving it into the non-investment grade category, before withdrawing all its ratings on the pan-African bank. This decision comes shortly after Afreximbank announced on January 23 that it was ending its collaboration with the American rating agency. In a statement on its…...
Trending
- IMF releases $91 million for Mauritania after positive reviews
- Fitch downgrades Afreximbank after termination of rating mandate
- Benin: former minister Allassane Tigri placed in detention in the case of the failed coup
- South Africa: Central Bank maintains its key rate, bolstered by a strong rand
- Faced with USA / IRAN tensions, the lesson to be drawn from the passivity of the BRICS+ and Shanghai organizations
- [Op-ed by Hakim Benbadra] The silent risk looming over African family businesses
- AMIFA, champion of financial inclusion – Financial Afrik Awards 2025
- Mozambique: Customs recover 85 million euros thanks to the fight against smuggling
Fitch downgrades Afreximbank after termination of rating mandate
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
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