Kenya retains B- credit rating as Fitch flags debt risks
Fitch Ratings has affirmed Kenya’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating at ‘B-’ with a Stable Outlook, citing the country’s...
- Tuesday, July 14, 2026
BusinessDay
Fitch Ratings has affirmed Kenya’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating at ‘B-’ with a Stable Outlook, citing the country’s...
…Recapitalisation, profit pressure, foreign exits reshape continental banking As global lenders retreat from Africa, some of Nigeria’s biggest banks have...
Africa’s financial architecture is undergoing a quiet but consequential reset. Governments are reasserting control over strategic assets, leaning more heavily...
Kenya has launched the sale of a 65 percent stake in its state-owned oil pipeline operator, seeking to raise KSh106.3...
Global banks accelerate Africa retreat Standard Chartered moved closer to a full exit from Botswana as it explores the sale...
Smaller sub-Saharan African economies, including South Sudan, Guinea, and Rwanda, are expected to record the region’s highest growth in 2026,...
…World’s second-steepest fall globally Nigeria has recorded the steepest decline in passport power in Africa over the past two decades,...
…World’s second-steepest fall globally …Down 27 places to 89th on Henley Passport Index 2026 …Sierra Leone, Mali, Gambia record Africa’s...
South Africa’s banking sector recorded its strongest sentiment performance in a decade in 2025, as improved digital engagement and campaign...
…headline rate falls to 9.7% in December as price pressures ease Ethiopia closed 2025 with a single-digit inflation rate for...