Browsing: Fitch rating

The central bank of Egypt is likely to raise interest rates next week and the North African country may need another IMF-funded program to tackle challenges…

Fitch warned that rising debt levels and global interest rates could lead to downgrades in as many as 10 African countries, with Kenya, Ghana, Lesotho, Namibia,…

Credit Rating agency, Fitch, reports that many countries will default on debt payment this year, owing to economic effects of the coronavirus pandemic, the fall in…