Tag: Fitch
Fitch Expects Morocco’s Growth to Reach 3% in 2024 & 3.5% over 2025-2026 Period
Fitch agency has maintained Morocco 'BB+' rating with a stable outlook thanks to the country's sound macroeconomic policies, strong official creditor support, favorable debt profile ... Read More
Fitch downgrades Kenya after protests
Fitch Ratings has lowered Kenya’s credit rating from “B” to “B-”, pointing to increased risks to the nation’s finances after the government retracted planned tax ... Read More
Fitch downgrades Tunisia rating to ‘CCC-‘, confirming fears over economic collapse
The political and economic crisis is worsening in Kais Saied’s Tunisia. The uncertainties and fears over the collapse of this country has pushed Fitch agency ... Read More
“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook
The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director ... Read More
Fitch Affirms Morocco at BBB- Rating & Revises Outlook to Negative
Fitch Ratings has affirmed Morocco at 'BBB-' rating and revised the Outlook on country's Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative. The global rating ... Read More
Africa: Fitch advises mining firms to invest in renewable energy
A report published by Fitch Solutions has indicated that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa, mining companies operating in ... Read More
Hope For The Best: Argentines Wake Up In Default
The mood is defiant in the streets of Buenos Aires after Fitch Ratings and Moody's Investors Service declared today Argentina in default on some bonds ... Read More
Fitch Gives Morocco ‘BBB’ Rating
Global rating agency Fitch has affirmed Morocco's Long-term foreign currency Issuer Default Rating (IDR) at 'BBB-', Long-term local currency IDR at 'BBB', and Short-term foreign ... Read More