Afreximbank gets investment-grade backing from S&P after Fitch downgrade
African Export-Import Bank (Afreximbank) has secured a BBB+ investment-grade rating from S&P Global Ratings, three notches above Fitch Ratings’ earlier BB+ assessment, highlighting a sharp divergence in how major agencies view the pan-African lender. The rating underscores Afreximbank’s growing role in financing trade, industrialisation and economic development across Africa. The latest assessment also comes five…








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