Africa
Ghana Says African Debt Is Mispriced as It Targets Investment-Grade Rating
Ghana is telling investors that African sovereign risk is unfairly priced as it seeks to restore market confidence after debt restructuring.
Tag: credit ratings
Business
Moody’s Positive Outlook Gives South Africa Credit for Discipline, Not Yet Growth
Moody’s positive outlook on South Africa signals improved confidence in fiscal discipline, but the country still needs stronger growth to secure a…
Economy
Nigeria’s Debt-Service Burden Shows Why Africa’s Finance Reform Push Is Becoming Urgent
Nigeria’s projected debt-service burden is becoming a central example of how high financing costs can crowd out development spending across African economies.
Africa
Africa’s Borrowing-Cost Fight Moves to the Centre of Global Finance Debate
African leaders are pushing for reforms to global credit-risk pricing, arguing that borrowing costs continue to restrict development finance and infrastructure investment.
Afreximbank
JP Morgan Backs Afreximbank’s Bonds After Junk Rating Sell-Off
JP Morgan has upgraded Afreximbank bonds after a sell-off triggered by Fitch’s junk rating, saying the bonds now offer value despite rating…
Afreximbank
Afreximbank Ends Credit Rating Relationship with Fitch
Afreximbank has officially ended its credit rating relationship with Fitch Ratings, citing concerns that the process no longer reflects its mandate, legal…