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
Moody’s
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, 2026
Kenyan Banks Strengthen as South African Rivals Enter
Moody’s says Kenya’s banks are more profitable, yet they hold government debt worth 1.7 times their equity as South African...
October 2, 2026
Brazil Corporate Debt Costs Near 24% as Moody’s Warns of a 2027 Squeeze
Brazil corporate debt costs are still near 24% a year after five Selic cuts, and Moody’s warns that company cash...
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
Moody’s Upgrades Benin’s Sovereign Credit Rating To Ba3
Moody’s raised Benin’s sovereign rating from B1 to Ba3 on 7 August 2026, citing stronger growth, fiscal consolidation and improved...
August 9, 2026
South Africa’s Nedbank Sees Improved Banking Conditions
Nedbank signals improving banking conditions after a broadly flat first half of 2026, supported by easing interest rates, stronger non-interest...
August 4, 2026
Gabon Eurobond Raises US$920 Million Despite Junk Credit Rating
Gabon Eurobond raised US$920 million, overshooting its target by 22.7% with a 9.375% coupon. The seven-year note matures in 2033...
August 1, 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