Moody’s Cuts Botswana Rating as Diamonds Slump
Moody's cut Botswana to Baa2 on 25 September, its second downgrade in a year, as a diamond slump drains revenue....
October 4, 2026Topic
credit rating
Egypt Turned Small-Business Loans Into a Bond, and Investors Bought It
An Egypt MSME securitisation of EGP 1.383bn has closed, the first tranche of a three-year EGP 5bn programme arranged by...
September 8, 2026
Central Africa Licences Its First Credit Rating Agency
The CEMAC credit rating licence went to Geneva Investment Corporation on 7 August. It is the first ever granted in...
August 20, 2026
Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default
Agusto & Co withdrew its rating after the Geregu Power bond default, Nigeria's first major corporate bond default in seven...
August 15, 2026
Ramaphosa Backs Stripping the Power Grid From Eskom
Ramaphosa endorsed the Eskom transmission split on 3 August, clearing the way for an independent state operator to own a...
August 7, 2026
Chilean Retailer Ripley Corp Regains A+ Rating as Debt Falls
Chile's Ripley Corp was upgraded to A+ in June 2026 by Feller Rate and Humphreys, as mall profits and lower...
August 3, 2026
Slim Blasts Moody’s Mexico Downgrade as T-MEC Review Tests Exporter Liquidity
Carlos Slim calls Moody’s Mexico downgrade irrational on May 26, arguing it ignores real investment flows as the 2026 T-MEC...
July 19, 2026
Cosan Crisis Contagion Hits Brazil Rail Giant Rumo
S&P downgraded Rumo to BB- and placed it on CreditWatch Negative, citing contagion from controlling shareholder Cosan, which Moody's cut...
July 18, 2026
South Africa Wins First Fitch Upgrade in 21 Years as Fiscal Discipline Pays Off
The South Africa Fitch upgrade of June 5, 2026 lifted the country from BB- to BB, its first in 21...
June 14, 2026