Africa Launches Its Own Credit Rating Agency
The African Union launched the Africa Credit Rating Agency in Mauritius on 7 October. Who owns AfCRA, what it will...
October 7, 2026Topic
credit ratings
Panama Public Debt to Reach US$64 Billion in 2027, Finance Ministry Tells Lawmakers
Panama public debt should reach about US$64 billion in 2027, up US$2 billion on this year, the finance ministry says....
September 29, 2026
Moody’s Cuts Senegal to Caa2 as Debt Nears 108% of GDP
The Senegal credit rating is now Caa2, after a Moody's downgrade citing public debt near 108% of GDP and interest...
September 1, 2026
S&P Global Buys Control of a Pan-African Rating Agency
African credit ratings gain a global owner as S&P Global takes a majority stake in Agusto & Co., the Lagos...
July 30, 2026
Afreximbank Raises US$1.5 Billion, Its Largest Bond Yet
The Afreximbank bond raised US$1.5 billion across two tranches, its largest ever, with orders peaking at US$3.8 billion six months...
July 30, 2026
Uruguayan government reports highest credit rating in its history
Uruguay's Ministry of Economy and Finance announced that the country had received the highest credit rating in its history after...
October 21, 2022
S&P Once Again Downgrades Brazil’s Credit Rating
The agency notes the country has made slower-than-expected progress to correct its fiscal situation, including approving the much-needed pension reform.
January 12, 2018
Risk Agency Further Downgrades Brazil’s Credit Rating
Deeper-than-anticipated economic contraction and elevated political uncertainty are reasons given by Fitch Ratings to downgrade credit ratings even further.
May 6, 2016
Possible Downgrade Reflects Reality of Economy in Brazil
Rating company's announcement caused additional turbulence to the country’s economic market, with the stock market closing down and U.S. dollar...
December 11, 2015