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- Fitch Affirms Namibia at ‘BB-’ with Stable Outlook
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Inside Africa
Fitch Ratings has affirmed Namibia’s Long-Term Issuer Default Ratings (IDRs)at ‘BB-’ with a Stable Outlook. Namibia’s ratings are supported by strong governance indicators and an institutional framework relative to rating peers.
The South African Rand traded steady against Western currencies, the US dollar, the euro, and the British pound on Monday as gold rebounded amid uncertainty in the global commodity market.
King Letsie III of Lesotho said that nearly 60 per cent of the world’s chronically undernourished population by 2030 could be living in Africa.
Congo’s default on its local-currency regional market debt in October 2024….
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Angola’s long-term foreign-currency issuer default rating (IDR) of “B-” with a stable outlook has been confirmed by Fitch Ratings.