Efforts to achieve a breakthrough between Iran and the United States regarding Tehran’s nuclear program …
Read More »Afreximbank challenges the ranking of fitch downgrade, reiterating financial resilience
The African export-import bank has challenged Fitch’s ranking decision to reduce the default ranking of the long-term publisher (IDR) to ‘BBB-‘ from ‘BBB’, signifying negative views. The bank reiterates that its financial position remains strong and its legal structure protects from the risks highlighted by the ranking agency. In a statement issued on Tuesday by Vincent Musumba, the media relations …
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