- Naira Loses N7 as Bonny Light, Nigeria’s US Dollar Reserves Ease
- Ethereum Tumbles as Rising Fed Rate Hike Odds Trigger Crypto Selloff
- African Currencies Mixed as Dollar Posts Strongest Week Since October
- Cardano Lost 8% as Hoskinson Says He Never Promised Price Gains
- Pi Network Loses 12% as Top Cryptocurrencies Tumble
- 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.
Moody’s Ratings has indicated possibility of upgrading Ghana’s credit rating after the country Eurobonds
Cameroon government under President Paul Biya has unlocked access more than $118 million funding from the
The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Consultation (PFA) with
Moody’s Investor has said that the latest Eurobond restructuring deal by Ghana means huge losses to
Madagascar has unlocked access to additional $658 million loans from the International Monetary Fund
Achieving the deficit targets in Kenya’s budget proposal for the fiscal year ending June 2025 (FY25) will be
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