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Ethiopia’s Capital Market Authority has issued its first investment bank licenses to CBE Capital S.C. and Wegagen Capital S.C. Ethio Fidelties Securities S.C. has become the country’s first securities dealer. …
Ethiopia Issues First Investment Bank Licenses, Marking Financial Milestone Read More
Deloitte forecasts improved credit ratings for Ghana due to enhanced debt sustainability, highlighted by reductions in debt-to-GDP ratios and strategic debt restructuring initiatives. Recent upgrades from Moody’s and Fitch, alongside …
Deloitte Projects Higher Credit Ratings for Ghana Amid Improved Debt Sustainability Read More
Moody’s Rating has indicated expected losses for Ethiopia’s private creditors due to the ongoing debt restructuring under the G-20 Common Framework. Despite progress with the IMF’s support, direct agreements with …
Moody’s Anticipates Losses for Ethiopia’s Private Creditors Amid Debt Restructuring Read More
Bangladesh has secured its second victory in the Junior Davis Cup, marking a significant achievement in the nation’s tennis journey and showcasing the team’s talent and determination on an international …
Bangladesh Achieves Second Victory in Junior Davis Cup Read More
Moody’s Rating Agency indicates a stable outlook for Uzbekistan’s banking sector in 2024, with problem loans increasing to 7%. Continued state support for large banks is expected to maintain financial …
Uzbekistan’s Banking Sector Outlook Remains Stable Amid Rising Problem Loans Read More
Moody’s reports that Kenya’s bond buyback has reduced medium-term refinancing risks. The government raised $1.5 billion through a Eurobond issuance to manage liabilities, particularly for maturing Eurobonds. While market access …
Kenya’s Bond Buyback Reduces Refinancing Risks, Moody’s Analysis Read More
Fitch Ratings upgraded Oman’s outlook to positive owing to strengthened fiscal measures, projecting GDP growth of 1.8% in 2024. Meanwhile, Egypt’s economic outlook was downgraded to 3.7% for FY 2024/2025, …
Fitch Ratings Revises Oman’s Outlook to Positive, Downgrades Egypt’s Growth Forecast Read More