Global ratings agency Moody’s upgraded Kenya’s sovereign credit rating to B3 from Caa1 and revised the outlook to stable, citing a significant reduction in near-term […]
Senegal has earned a vote of confidence from the International Monetary Fund following the conclusion of an IMF mission led by Edward Gemayel on 4 […]
An International Monetary Fund (IMF) delegation arrived in Dakar on Wednesday, 22 October, to continue negotiations on a new financial support programme for Senegal. Led […]
Credit ratings Agency Moody’s has expressed confidence in Egypt’s economic future, forecasting a 5% growth rate for the upcoming fiscal year, building on an estimated […]
Mali has said it has no intentions of leaving West Africa’s currency zone, while Burkina Faso has hinted at its possible withdrawal after they, along […]
The statistics office in Uganda on Friday said inflation rose to 5.7 percent year-on-year in December from 4.6 percent last month in the East African […]
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 […]
Bahrain’s financial and economic authorities will be happy with the reports forwarded by the International Monetary Fund (IMF) and Moody’s rating agency after being considered […]
Political instability in Egypt since the ouster of Islamist President Mohamed Mursi and banks’ increasing exposure to the indebted government, has given the country a […]
Authorities in Tunis were received a heavy blow from Moody’s Investors Service, a credit rating agency, when it announced that it was reducing Tunisia’s sovereign […]
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