Fitch downgrades Afreximbank, cites Ghana debt concerns, then withdraws ratings
[Hallmark - Nigeria] - 30/01/2026
Fitch Ratings has downgraded the African Export-Import Bank (Afreximbank) amid concerns over its exposure to Ghana’s sovereign debt and subsequently withdrew the bank’s ratings. The global credit rating agency lowered Afreximbank’s Long-Term Issuer Default Rating (IDR) to ‘BB+’ from ‘BBB-’ and (…)
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