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
- Exclusive Interview with Oulimata Ndiaye, Director of UMOA Titres: “The outstanding amount of public securities should reach nearly 24,800 billion CFA francs by the end of 2026”
- BCEAO doubles wallet limits: what about Kenya, Morocco, and Nigeria?
- Guinea: First gold ingots from Nimba Gold Refinery shipped for export
- Mauritania: Who’s Who in the new government of El Moctar Ould Djay
- Sonatel: after the EGM of October 8 on the stock split, here is what will change
- Sonatel: after the EGM of October 8 on the stock split, here’s what will change
- Local content: with Simandou Academy, Guineans in control of the Transguinean
- Mauritania: Government resigns less than 24 hours after the publication of the Ousmane Kane report
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