Why the world's fastest-growing continent pays the highest price to borrow - and what it is doing about it.
By Wavinya Makai The African Union’s support for the Africa Credit Rating Agency (AfCRA) is one of the most consequential developments in Africa’s financial history, even...
Post 2002 Angola has seen a rapid growth in the country’s GDP which has impacted a positive growth on the banking sector. “In the end of...
Following the recent GDP rebase which saw Nigeria displace South Africa as Africa’s largest economy, global financial rating firm Moody’s has forecast exponential growth in Nigeria’s...
Barbados has received yet another downgrade from Moody’s Investors Service. Moody’s Investors Service has downgraded the Barbados government bond rating from Ba1 to Ba3, citing poor...
Moody’s Investors Service – a major international credit rating agency has revealed that three bond restructurings in the Caribbean this year, totaling about US$9.7 billion, have...
A major international credit rating agency is warning of more Caribbean sovereign debt restructurings ahead of the Caribbean Development Bank annual meetings in St Lucia this...
(Reuters) – Moody’s Investors Service on Monday raised Belize’s government bond rating to Caa2 from Ca, citing better government liquidity after a debt restructuring. “The upgrade...
(Reuters) – Moody’s Investors Service on Wednesday warned it may downgrade Bermuda’s Aa2 sovereign credit rating, citing prospects for further increases in already elevated government debt...
A major international credit rating agency says the liquidity crisis leading to Grenada default on its US and Eastern Caribbean (EC) dollar bonds is “credit negative”...
New Morehouse College president, Dr. John S. Wilson Jr., has his work cut out for him as Moody’s downgrades credit rating. Morehouse College, the alma mater...
International credit rating agency, Moody’s Investors Service, has affirmed Trinidad & Tobago’s Baa1 government bond rating, adding that the twin-island republic’s economic outlook “remains stable”. The...
Barbados Prime Minister Freundel Stuart Moody’s Investors Services has downgraded Barbados’ credit rating to Ba1 from Baa3 citing the country’s lukewarm economy and rising government debt...
(Reuters) – Moody’s Investors Service on Friday downgraded its sovereign credit rating for the Bahamas by one notch to BAA1, leaving the Caribbean nation in the...
Africans at Work. PHOTO/Volkswagen South Africa Africa’s recent robust growth is sustainable and the continent can attract even more investors if it plays its cards well,...
