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Morocco downsizes participation at Francophonie summit
The Francophonie summit wrapped up in Tunisia’s Djerba with Morocco sending a senior director from the foreign ministry instead of ministers as it did in previous editions. Morocco was represented by Nadia El Hnot, Director of Cultural Cooperation at the foreign ministry. The low Moroccan enthusiasm for the Francophonie summit is a symptom of the […]
New ‘independent’ Africa credit rating agency on track to launch in 2025
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on track to be launched in 2025, according to a senior AU official. Speaking with reporters in Accra, the AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Albert Muchanga, […]
Tunisia: Fitch revises issuers after recalibration
Four issuers in Tunisia have been affected by a recent review exercise for new ratings. Fitch Ratings said it carried out the review due to a recent recalibration of the Tunisian National scale in a released statement. The recalibration of the Tunisian National scale follows Fitch Ratings downgrade of Tunisia’s sovereign rating and country ceiling […]



