Fitch Ratings expects no African credit downgrades following Trump’s moves
Trump’s aid freeze and tariffs would not lead to African credit downgrades, Fitch Ratings said in a recent analysis, citing low integration of most African […]
Fitch ratings
Trump Unveils Sweeping Tariffs, Escalating Global Trade Tensions and Economic Fears
U.S. President Donald Trump has introduced on April 2 a bold set of tariffs, including a 34% levy on imports from China and a 20% […]
Angola’s currency to fall to 1,000 kwanzas per dollar this year
The BMI consultancy believes that the Angolan currency will continue to depreciate, reaching the end of the year worth around 1,000 kwanzas per dollar, a […]
Kwanza loses 3.6% against the dollar last week and falls 38.8% since January
The Angolan currency lost 3.6% in value against the dollar last week, despite a slight recovery between Wednesday and Friday, and has already fallen 38.8% […]
Mozambique’s public debt to fall below 100% of GDP by 2023
The consultancy Fitch Solutions believes that Mozambique’s public debt should fall below 100% in 2023, due to the acceleration of the economy, higher gas revenues […]
African Development Bank outlook stable – Fitch Affirms
Fitch Ratings has confirmed the African Development Bank’s (AfDB’s) Issuer Default Rating (IDR) rating, keeping it at “AAA” with a stable outlook. AfDB enjoys strong […]
Gabon to issue $ 500 million Eurobond to finance infrastructure projects
Gabon plans to raise at least $500 million via a new 10-year Eurobond at a 6.95% interest rate to fund infrastructure projects that will help […]
Tunisia: Fitch cuts Tunisia’s ratings and promises more
Fitch ratings have published a negative outlook of Tunisia and have promised to implement further cuttings if the situation in the country is not remedied. […]