Standard & Poor’s Upgrades Morocco’s Sovereign Rating
The U.S. rating agency Standard & Poor’s has raised Morocco’s sovereign rating to BBB-/A-3, restoring the Kingdom to “Investment Grade” status. The agency’s decision, following […]
Standard & Poor’s
Angola: Inflation to reach 13% this year – Standard & Poor’s
Financial rating agency Standard & Poor’s predicts that Angola will reach the end of the year with average inflation of 13%, falling to 10% the […]
IMF approves $666 mln loan for Cameroon
The International Monetary Fund executive board on Monday approved a $666 million, three-year extended credit facility for Cameroon to support economic and financial reforms in […]
South Africa’s recession will end soon – Jacob Zuma
Embattled South Africa’s President Jacob Zuma on Thursday said he was confident that the Southern African Biggest economy will emerge soon from its recession. South […]
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 : political instability and insecurity and the numerous downgrades
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 […]
S&P removes Egypt from credit watch rating, confirms rating B
The rating agency Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local currency sovereign ratings on […]