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Ethiopia’s Capital Market Authority has issued its inaugural investment bank licenses to CBE Capital S.C. and Wegagen Capital S.C., marking a significant development in the country’s financial landscape. Ethio Fidelties …
Ethiopia Issues First Investment Bank Licenses, Advancing Financial Sector Read More
Deloitte forecasts higher credit ratings for Ghana attributed to improved debt sustainability, marked by a 37% reduction in Eurobond components and a declining debt-to-GDP ratio. Plans for liability management and …
Deloitte Projects Improved Credit Ratings for Ghana Amid Enhanced Debt Sustainability Read More
Moody’s Rating has indicated expected losses for Ethiopia’s private creditors due to the government’s ongoing debt restructuring under the G-20 Common Framework. A protracted restructuring process may amplify these losses. …
Moody’s Predicts Losses for Ethiopia’s Private Creditors Amid Debt Restructuring Read More
Bangladesh has recorded a second win in the Junior Davis Cup, following an earlier victory. This success indicates the players’ improvement and rising interest in tennis in the country, promising …
Bangladesh Achieves Second Victory in Junior Davis Cup Read More
According to Moody’s, Uzbekistan’s banking sector remained stable in 2024 despite problem loans rising to 7%. The state continues to support major banks, ensuring financial stability. The loan-to-deposit ratio stood …
Uzbekistan’s Banking Sector Outlook Remains Stable Despite Rising Problem Loans Read More
Moody’s reports that Kenya’s bond buyback has eased refinance risks. The government issued a $1.5 billion Eurobond, dedicating funds to buy back $900 million of an existing Eurobond. This move …
Kenya’s Bond Buyback Alleviates Refinance Risks According to Moody’s Read More
Fitch Ratings has revised Oman’s outlook to positive, maintaining a BB+ IDR due to fiscal improvements and increased GDP per capita. In contrast, Egypt’s growth outlook has been downgraded to …
Fitch Ratings Reassesses Oman and Egypt’s Economic Outlooks Read More