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
Fitch
Mozambique Gas Revenue Stays Tiny as Debt Nears 96% of GDP
Mozambique’s gas revenue is projected at about US$79.8 million in 2027, while government debt could reach 96% of GDP, IMF...
September 20, 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
Fitch Cuts Outlook on Brazil’s Banks to ‘Deteriorating’
Fitch cut its outlook on Brazil banks to "deteriorating" from "neutral," citing weaker asset quality and political risk, alongside Colombia...
June 13, 2026
Fitch affirms Mexico’s sovereign rating at ‘BBB-‘ with stable outlook
Fitch rating agency announced on Friday that it had affirmed Mexico's credit rating at 'BBB-' with a stable outlook, citing...
June 17, 2023
Fitch downgraded El Salvador’s credit rating
U.S. rating agency Fitch Ratings has downgraded El Salvador's credit rating for the second time this year.
September 19, 2022
Fitch raises Brazil’s 2022 GDP forecast to 2.5% and cuts it to 0.8% for 2023
Fitch on Wednesday (14) revised Brazil's gross domestic product (GDP) growth forecast for this year and next.
September 15, 2022
Chile loses regional leadership as the least risky country to Uruguay, which becomes the new star
A new country is the safest in Latin America from the point of view of country risk: Uruguay, which has...
February 17, 2022
Structural and Fiscal Issues Critical to Brazil’s Credit Rating, Says Fitch
Shelly Shetty, Fitch's co-director of sovereign ratings for the Americas, said maintaining fiscal credibility and progressing with structural reforms is...
February 5, 2021