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Published on 11:37 GMT

African Union agency says Fitch's downgrade of Afreximbank is 'flawed'

An African Union credit review body has questioned Fitch ratings agency's downgrade of Africa Export-Import Bank last week, saying it was based on a "flawed" categorisation of loans and calling for the decision to be reconsidered. Last …

Source: Zawya - Indeterminate
Published on 10:54 GMT

Ramaphosa, diversity management in Africa and effective diplomacy

“Certainly, the majority of South Africa’s commercial (white) and smallholder farmers really do want to stay in South Africa and make it work” — John Steenhuisen to President Trump (May 21, 2025) At the recent United States Oval Office visit by President …

Source: The Cable - Neutral
Published on 13:22 GMT

Africa to unveil own credit rating agency September

A new African-led credit rating agency is set to begin operations by the end of September, in a move designed to challenge the dominance of established global firms and provide assessments that reflect the continent’s economic realities more accurately, …

Source: Punch - Indeterminate
Published on 15:46 GMT

Africa: Afreximbank ratings downgrade by Fitch draws APRM ire

The African Peer Review Mechanism (APRM) has called on Fitch Ratings to re-examine its criteria and assumptions after the agency downgraded African Export-Import Bank (Afreximbank), lowering its long-term foreign currency issuer default rating from “BBB” …

Source: ESI Africa - Neutral
Published on 10:09 GMT

Africa’s credit rating agency to launch in September as alternative to Fitch, Moody’s

A new Africa-led credit rating agency is set to begin operations by the end of September 2025, aiming to offer an alternative to the global “big three” agencies, Fitch, Moody’s, and S&P. Known as the African Credit Rating Agency (AfCRA), the …

Source: Nairametrics - Neutral
Published on 15:16 GMT

African Credit Rating Agency to Begin Operations September

A newly established credit rating agency led by Africa, the African Credit Rating Agency (AfCRA), is projected to commence its activities by the end of September 2025, providing a locally developed alternative to the dominance of major global firms like …

Source: News Central TV - Indeterminate
Published on 18:27 GMT

Kenya Pledges To Accelerate Efforts To Boost Intra-African Trade

(MENAFN- African Press Organization) NAIROBI, Kenya, June 9, 2025/APO Group/ -- Kenya is working towards fast-tracking implementation of the African Continental Free Trade Area (AfCFTA) to unlock opportunities for businesses in the country across …

Source: MENAFN - Indeterminate
Published on 04:55 GMT

S/Africa, Egypt, Nigeria account for a third of Africa’s external debt stock

A recent report released by the African Export-Import Bank (afreximbank) says three countries, South Africa, Egypt, and Nigeria, are responsible for one-third of Africa’s external debt stock. The report titled, ‘State of Debt Play in Africa and the …

Source: The Guardian (Nigeria) - Neutral
Published on 02:29 GMT

High Expectations as World Leaders Set for US/Africa Business Summit in Angola

From June 22 to 25, 2025, the Corporate Council on Africa, the leading United States business association focused solely on connecting business interests in Africa will meet in Luanda, Angola, to engage world leaders and business owners on how to …

Source: This Day - Pro-Government
Published on Jun 8, 2025

Afreximbank Launches Ambitious Plan to Transform Africa’s Healthcare with Ultramodern Medical Facilities

The African Export-Import Bank (Afreximbank) has outlined an ambitious plan to revolutionise healthcare service delivery in Africa with the establishment of ultramodern medical facilities across the continent. It said the aim is to make a positive impact …

Source: Arise News - Neutral
Published on Jun 8, 2025

African Peer Review Mechanism (APRM):“Fitch's Downgrade Of Afreximbank's Rating Is Based On Flawed Loan Classification”

(MENAFN- APO Group) In line with Decision [Assembly/AU/Dec.631(XXVII)] of the African Union Assembly of Heads of State and Government and Article 6(g) of the African Peer Review Mechanism (APRM) Statute (2020), which together mandate the APRM to …

Source: MENAFN - Indeterminate
Published on 11:54 GMT

Afreximbank downgrade raises questions about bank’s strategy

The downgrade of the African Export-Import Bank (Afreximbank) by Fitch Ratings to a notch above junk status last week has sparked massive conversation. The New York-based agency cut Afreximbank down to a BBB- rating with a negative outlook from a BBB …

Source: Semafor - Neutral
Published on 07:35 GMT

Kenyan firms urged to join Algeria Trade Fair

Dr Gainmore Zanamwe, Director of Trade Facilitation and Investment Promotion at African Export Import Bank - Afreximbank, delivering a the keynote address at the IATF2025 Kenyan Roadshow. [File, Standard] Kenyan businesses have been urged to participate in …

Source: The Standard - Indeterminate
Published on Jun 5, 2025

Hiryo coal-to-fertiliser and methanol project, South Africa – update

Name of the Project Hiryo coal-to-fertiliser and methanol project. Location Kriel, in Mpumalanga, South Africa. Project Owner/s South African company specialising in blue ammonia production SUISO. Project Description The facility aims to produce 1.5- …

Source: Engineering News - Neutral
Published on Jun 7, 2025

Fitch Lowers Afreximbank Rating Amid Ghana and Zambia Debt Disputes

Fitch Ratings has downgraded the African Export-Import Bank’s credit rating to BBB-, citing exposure to sovereign debt restructurings in Ghana and Zambia. The African Union’s Peer Review Mechanism panel contested the decision, asserting Fitch misclassified …

Source: News Ghana - Indeterminate
Published on 04:02 GMT

Fitch downgrades Afreximbank to BBB- amid rising credit risks, transparency concerns

FITCH Ratings has downgraded the long-term issuer default rating of the African Export-Import Bank (Afreximbank) to BBB-, placing it just one notch above junk status. The rating agency also assigned a Negative Outlook, citing increasing credit risks and …

Source: Tribune Online - Center-right
Published on 02:58 GMT

AU body tackles Fitch over Afreximbank downgrade

The African Peer Review Mechanism, an instrument of the African Union Member States, has faulted the decision of the international credit rating agency, Fitch Ratings, to downgrade the African Export-Import Bank from ‘BBB’ to ‘BBB-’ with a negative outlook …

Source: Punch - Indeterminate
Published on Jun 6, 2025

Death, violence and endless delay: Inside Africa’s most troubled energy project

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our …

Source: The Independent - Center-left
Published on Jun 6, 2025

Nigeria, others emerge key drivers of intra-African trade

As African countries look to improve intra-African trade, which currently stands at 15 per cent, a new report has revealed that Nigeria, Egypt, Kenya, Morocco, and South Africa are key drivers of intra-African trade. The five countries alone contributed $ …

Source: The Guardian (Nigeria) - Neutral

22 days 14:46:38

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Published on June 6, 2025 - 23:00 GMT

On a Historic Day for Advanced Aviation, AUVSI Applauds Executive Orders Advancing U.S. Leadership in Drones

ARLINGTON, VA, UNITED STATES, June 6, 2025 /⁨EINPresswire.com⁩/ -- On Friday afternoon, President Trump signed two sweeping executive orders focused on strengthening U.S. leadership in uncrewed aircraft systems (UAS, or drones). These actions aim …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...

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Published on June 9, 2025 - 15:55 GMT

Black Mass Recycling Market Forecast 2025-2034: Insights on Size, Growth Drivers, Trends & Competitive Landscape

The Business Research Company’s Black Mass Recycling Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

Distribution channels: Automotive Industry, Business & Economy ...
Published on June 9, 2025 - 15:55 GMT

Global Digital Twin In Construction Market Set For 17.3% Growth, Reaching $93.53 Billion By 2029

The Business Research Company's Global Digital Twin In Construction Market Set For 17.3% Growth, Reaching $93.53 Billion By 2029 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 9, 2025 - 15:55 GMT

Major Digital Onboarding Market Trend 2025-2034: Surge In Digitalization Fueling The Growth

The Business Research Company's Major Digital Onboarding Market Trend 2025-2034: Surge In Digitalization Fueling The Growth LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

Distribution channels: Business & Economy, Companies ...
Published on June 9, 2025 - 15:55 GMT

Digital Identity Verification Market Outlook 2025–2034: Trends, Growth Drivers, Share, and Future Forecast

The Business Research Company's Digital Identity Verification Market Outlook 2025–2034: Trends, Growth Drivers, Share, and Future Forecast LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Distribution channels: Business & Economy, IT Industry ...
Published on June 9, 2025 - 15:55 GMT

Global Due Diligence Investigation Market Growth: Projected To Reach $10.97 Billion By 2029 With An Impressive 7.6% CAGR

The Business Research Company's Global Due Diligence Investigation Market Growth: Projected To Reach $10.97 Billion By 2029 With An Impressive 7.6% CAGR LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business …

Distribution channels: Business & Economy, Emergency Services ...
Published on June 9, 2025 - 15:54 GMT

Global Blockchain For Medical Records Market Insights 2025: Key Trends, Market Size, and Growth Forecast

The Business Research Company’s Blockchain For Medical Records Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on June 9, 2025 - 15:54 GMT

Global Digital Payment Gateways Market Outlook 2025–2034: Key Drivers, Trends, Growth Opportunities & Forecast

The Business Research Company's Global Digital Payment Gateways Market Outlook 2025–2034: Key Drivers, Trends, Growth Opportunities & Forecast LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2025 - 15:54 GMT

Key Trend in Asset Tokenization Market 2025: Blockchain Platforms Driving Security & Efficiency Revolution

The Business Research Company's Assets Tokenization Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2025 - 15:54 GMT

Global Crypto Credit Card Market Forecast To Reach $3.58 Billion By 2029 With 18.4% Annual Growth

The Business Research Company's Crypto Credit Card Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The crypto credit card market size …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2025 - 15:53 GMT

Boron Nitride Coatings Market Forecast 2025-2034: Insights on Size, Growth Factors, Trends & Competitive Landscape

The Business Research Company’s Boron Nitride Coatings Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Automotive Industry, Business & Economy ...
Published on June 9, 2025 - 15:53 GMT

AI-Powered Image Processing Tools Market to Hit $9.09 Bn by 2029, Growing at 21.1% CAGR Globally

TBRC's Artificial Intelligence (AI)-Powered Image Processing Tools Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business …

Distribution channels: Business & Economy, IT Industry ...
Published on June 9, 2025 - 15:53 GMT

Global Education Verification Service Market Set For 13.9% Growth, Reaching $2.08 Billion By 2029

The Business Research Company's Global Education Verification Service Market Set For 13.9% Growth, Reaching $2.08 Billion By 2029 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Business & Economy, Education ...
Published on June 9, 2025 - 15:53 GMT

Cloud Geographic Information Systems Gis Market Analysis: Key Trends, Share, Growth Drivers, And Forecast 2025-2034

The Business Research Company's Cloud Geographic Information Systems Gis Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- What Is The …

Distribution channels: Business & Economy, IT Industry ...
Published on June 9, 2025 - 15:52 GMT

Global Coding Course Service For Kid Market Forecast 2025-2034: Analyzing Growth Drivers, Market Share, Segments

The Business Research Company's Coding Course Service For Kid Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- What Is The Projected …

Distribution channels: Business & Economy, IT Industry ...
Published on June 9, 2025 - 15:52 GMT

Electric Boat Market Report 2025: Size, Trends, And Growth Insights For Global Expansion

The Business Research Company's Electric Boat Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The electric boat market size has surged …

Distribution channels: Business & Economy, Electronics Industry ...
Published on June 9, 2025 - 15:52 GMT

Global Audio Visual Production Services Market: Key Trends, Market Share, Growth Drivers, And Forecast For 2025-2034

The Business Research Company's Audio Visual Production Services Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Distribution channels: Business & Economy, IT Industry ...
Published on June 9, 2025 - 15:52 GMT

Global Canisters Market Analysis: Key Trends, Share, Growth Drivers, And Forecast 2025-2034

The Business Research Company’s Canisters Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest Report …

Distribution channels: Business & Economy, Chemical Industry ...
Published on June 9, 2025 - 15:52 GMT

Global EV Supply Chain Management Market Set For 9.3% Growth, Reaching $0.96 Billion By 2029

The Business Research Company's EV Supply Chain Management Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- The global Electric Vehicle …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on June 9, 2025 - 15:52 GMT

Global 1-Decanol Market To Reach $0.43 Billion By 2029 With A Growth Rate Of 10.2%

The Business Research Company's 1-Decanol Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- Over previous years, the 1-Decanol market, …

Distribution channels: Business & Economy, Chemical Industry ...
Published on June 9, 2025 - 15:52 GMT

Global Coffee And Tea Packaging Film Market: Key Trends, Market Share, Growth Drivers, And Forecast For 2025-2034

The Business Research Company's Coffee And Tea Packaging Film Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /⁨EINPresswire.com⁩/ -- What Is The Projected …

Distribution channels: Business & Economy, Food & Beverage Industry ...

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