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 ...

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 ...

African Union's African Peer Review Mechanism has challenged Fitch Ratings' downgrade of the African Export‐Import Bank, arguing the move rests on a misinterpretation of its sovereign loan portfolio.

Another downgrade to Afreximbank's credit rating could lead it to turn to "friendly" countries such as China for funding, its chief economist said on Wednesday. Ratings agency Fitch downgraded the ...

LONDON – Fitch downgraded Afreximbank’s credit rating to one notch above junk on Wednesday, with a negative outlook, citing high credit risks and weak risk-management policies. The one-notch downgrade ...

The African Export-Import Bank (Afreximbank) has said that Fitch Ratings' negative outlook on the institution is based on the erroneous view that the treaty establishing the pan-African bank can be ...

Dr George Elombi, the incoming President of the African Export-Import Bank (Afreximbank), has downplayed concerns over Fitch Ratings’ recent downgrade of the institution, attributing the negative ...