Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Fitch Upgrades Gabon Ratings as Uncertainties Ease Fitch Ratings has affirmed Gabon’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘, and removed it from Rating Watch Negative (RWN) as political uncertainties in the country eased. Assigning the country outlook as stable, Fitch said in the rating note that removing the RWN on Gabon’s IDR reflects an improvement in key rating drivers and their relative weights. According to Fitch Ratings note, the removal from RWN reflects easing of political uncertainties following the formation of a transitional government including people from the civil society, members of the opposition and the former Bongo…

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