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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.
Fitch Ratings has affirmed Stanbic Bank Kenya Limited’s (SBK) Long-Term Issuer Default Rating (IDR) at ‘B’ with stable outlook
IMF Raises Ethiopia’s International Reserves Target After First Review The International Monetary Fund has raised…
Coca-Cola Beverages Africa has invested $50 million in a new bottling line in Namibia, capable of producing 27,000 bottles per hour.
The African Development Bank (AfDB) and the Asian Development Bank have signed a $1 billion exchange exposure agreement (EEA) aimed at enhancing the African Development Bank’s capital position and its capacity for sustainable lending across Africa.
Fitch Ratings upgraded Ethiopia’s credit ratings as financial pressures ease. In its latest rating note, Fitch upgraded …
Moody’s Upgrades Ghana’s Ratings, Changes Outlook to Positive Moody’s Ratings has upgraded Ghana’s long term…