Why S&P and Fitch split over Afreximbank’s rating

A few months after cutting ties with Fitch Ratings, which had downgraded it to speculative grade, Afreximbank has secured a far more favourable rating from S&P Global Ratings. The move has reopened the debate over how western agencies assess African risk.

  News   Jun 15, 2026   0   7  Add to Reading List
A few months after cutting ties with Fitch Ratings, which had downgraded it to speculative grade, Afreximbank has secured a far more favourable rating from S&P Global Ratings. The move has reopened the debate over how western agencies assess African risk.
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