Ghana expected to conclude external debt restructuring by… Mercy Aboagye Feb 28, 2024 0 In a comprehensive assessment of Ghana’s economic outlook, rating agency Fitch Ratings forecasts the conclusion of…
Ghana’s creditworthiness downgrade by Moody’s, Fitch and… Mercy Aboagye Jan 9, 2024 0 The Governor of the Bank of Ghana (BoG), has described as “rude shock” the downgrade of Ghana’s creditworthiness by…
Kenya’s currency falls after Fitch warning Mercy Aboagye Nov 8, 2023 0 Kenya’s currency weakened by the most in four months after Fitch Ratings said it may downgrade the nation’s credit…
Fitch Rating upgrade expected to boost cedi’s stability… Mercy Aboagye Nov 7, 2023 0 The cedi is poised to maintain its stability vis-à-vis the US dollar in the immediate future, a prospect that has…
Fitch dismisses the likelihood of another round of domestic… Mercy Aboagye Nov 2, 2023 0 In its latest assessment of Ghana’s financial landscape, Fitch Ratings has announced that it views the likelihood…
Debt defaults by Ghana, other frontier markets facing… Mercy Aboagye Oct 25, 2023 0 International rating agency Fitch Ratings in a recent report has highlighted that debt defaults in frontier…
Fitch downgrades Ghana’s Eurobonds to “restrictive default” Rhema Feb 21, 2023 0 Credit rating agency, Fitch Ratings, has downgraded Ghana’s foreign bonds (Long Term Foreign Currency Issuer…
Ghana’s debt restructuring will impact Nigerian banks –… Rhema Dec 9, 2022 0 A global credit rating agency, Fitch Ratings, said on Thursday that a restructuring of Ghana’s debt would have some…
$445m Dangote bond issued at 26% coupon rate assigned “AA”… Rhema Aug 25, 2022 0 Fitch Ratings has assigned a $445m senior unsecured bond issued by Dangote Industries Limited (DIL) an “AA” credit…
Fitch downgrades Ghana’s credit rating from B- to CCC Rhema Aug 10, 2022 0 Ghana has suffered another blow as its credit rating has been downgraded by Fitch Ratings from B- to CCC. This…
Nigerian banks can absorb $6bn credit losses without… Rhema Jul 15, 2022 0 Nigerian banks can absorb up to $6 billion of credit losses without breaching minimum regulatory requirements for…