- Naira Loses N7 as Bonny Light, Nigeria’s US Dollar Reserves Ease
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- African Currencies Mixed as Dollar Posts Strongest Week Since October
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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.
Agusto & Co has assigned the republic of Uganda a ‘B’ rating with outlook accorded as stable, According to the agency, the rating reflects the Country’s
Fitch Affirms Republic of Congo Substantial Credit Risk Rating Fitch Ratings has affirmed the Republic…
The consumer price index that measures inflation rate in Kenya surged to 4.4% year-on-year in August from 4.3% in July, data from the statistics office showed
Inflation in Zambia Accelerates to 15.5% The consumer price index, which measures the annual inflation…
Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’ with outlook accorded as stable.
Following approval of a new program by the International Monetary Fund (IMF) for Ethiopia, Fitch Ratings has said the country’s debt restructuring price is set
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