East Africa Credit Rating Newswire

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Published on 12:08 GMT

Who will drive AfDB’s African transformation agenda post-Adesina?

Akinwumi Adesina, who steps down in September after a decade at the helm of the African Development Bank (AfDB), built his presidency on a vision to lift the continent’s poorest, support job creation, and “feed Africa” - a mantra that has become almost …

Source: Zawya - Indeterminate
Published on May 21, 2025

Policymakers Intensify Calls for Transparency in Sovereign Credit Rating Methodologies

Addis Ababa, May 21, 2025 (ENA) -- African policymakers are stepping up calls for greater transparency and fairness in how global credit rating agencies assess sovereign risk, warning that opaque and inconsistent methodologies are costing the continent …

Source: Ethiopian News Agency - Gov't Propaganda
Published on May 20, 2025

Top 10 African countries with the largest general government debt (% of GDP)

While borrowing is a normal and often necessary economic instrument, it becomes problematic when the general government's debt exceeds the size of the economy. General government debt, expressed as a proportion of GDP, is an important indication of a …

Source: Business Insider Africa - Neutral
Published on 15:26 GMT

Afreximbank Reports Strong Performance For Q1 2025 In Line With Expectations

(MENAFN- African Press Organization) CAIRO, Egypt, May 21, 2025/APO Group/ -- African Export-Import Bank (“Afreximbank” or the“Group”) ( ) has released the consolidated financial statements of the Bank and its subsidiaries for the three months …

Source: MENAFN - Indeterminate
Published on May 21, 2025

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on May 22, 2025 - 07:12 GMT

ESG AI Launches ESG Risk Platform to Power Banks & Insurers with Instant ESG Risk Visibility on Any Business, Anywhere

ESG AI launches global platform enabling banks, insurers & credit bureaus to assess ESG risks instantly across any business, industry, or country. SYDNEY, AUSTRALIA, May 22, 2025 /⁨EINPresswire.com⁩/ -- ESG Artificial Intelligence (www. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 22, 2025 - 12:38 GMT

Fitch Revises Growth Outlook for Ten Developing Nations

(MENAFN) Fitch, the global credit rating agency, has revised its forecast for the medium-term potential growth of 10 developing nations, lowering the group’s overall expected growth from 4% to 3.9%. On Wednesday, the agency adjusted its five-year potential …

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Published on May 22, 2025 - 12:37 GMT

Fitch Drops Growth Forecast for 10 Developing Countries

(MENAFN) Fitch, a global credit rating agency, has announced a reduction in its expected medium-term growth rate for a group of 10 developing nations, adjusting its forecast from 4 percent to 3.9 percent. The agency updated its five-year potential GDP …

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Published on May 20, 2025 - 11:00 GMT

DT Midstream Achieves Investment Grade Credit Rating

DETROIT, May 20, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies: Moody’s Ratings upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; and Fitch …

Distribution channels: Media, Advertising & PR, Shipping, Storage & Logistics ...

Published on May 18, 2025 - 09:23 GMT

Moody's Downgrades US Credit Rating

(MENAFN) Moody’s has downgraded the United States' credit rating from its perfect triple-A (AAA) status, citing growing worries about the country’s ability to afford its debt. This marks the first time since 1917 that the agency has lowered the nation…

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Published on May 17, 2025 - 21:18 GMT

Moody’s downgrades US’ credit rating for first time since 1917

(MENAFN) Moody’s has downgraded the United States’ credit rating for the first time since 1917, citing growing concerns about the country’s ability to manage its debt. The agency lowered the rating from the highest possible level of AAA to Aa1, aligning …

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Published on May 22, 2025 - 00:14 GMT

Back to reality: Gravity remains in place after Trump’s trip

So much for the afterglow of US President Donald Trump’s historic trip to the Middle East last week (May 13-16). The harsh realities of the region’s threats and challenges, like Iran and the Gaza war, stubbornly persist following the pomp and circumstance …

Distribution channels: Politics
Published on May 21, 2025 - 09:14 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on May 22, 2025 - 16:48 GMT

Glutathione Market to Grow at 6.9% CAGR Through 2030: QY Research Study

New QY Research Report Highlights Key Trends Driving Glutathione Market Expansion PUNE, MAHARASHTRA, INDIA, May 22, 2025 /⁨EINPresswire.com⁩/ -- ndia, May 22, 2025 – QY Research, a leading global market intelligence firm, today announced the …

Distribution channels: Business & Economy, Chemical Industry ...
Published on May 22, 2025 - 16:45 GMT

Jason Ruedy, The Home Loan Arranger Sees Surge in Homeowners Refinancing and Consolidating First & Second Mortgages

Jason Ruedy, Denver, CO, has noted a growing trend among homeowners who are merging their first and second mortgages in response to declining interest rates DENVER, CO, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, Denver, CO - As …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 22, 2025 - 16:39 GMT

USHBC Commends Amazon For Continuing to Empower Small Businesses

WASHINGTON, DC, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- The United States Hispanic Business Council (USHBC) applauds Amazon for empowering and partnering with American small businesses. Amazon’s 2024 Small Business Empowerment Report …

Distribution channels: Business & Economy, Companies ...
Published on May 22, 2025 - 16:37 GMT

WTO to Support the DRC in Ratifying the Trade Facilitation Agreement and the Agreement on Fisheries Subsidies

The DRC lays the foundation for long-term economic transformation and asserts its role as a strategic player in international trade. KINSHASA, CONGO-KINSHASA, May 22, 2025 /⁨EINPresswire.com⁩/ -- The Democratic Republic of the Congo (DRC) will …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on May 22, 2025 - 16:31 GMT

Kroolo Achieves GDPR Compliance and SOC 2 Type II Certification, Strengthening Commitment to Data Privacy and Security

Kroolo secures GDPR compliance and SOC 2 Type II certification, reinforcing its commitment to secure, privacy-first, AI-powered collaboration. SAN FRANCISCO, CA, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Kroolo, the all-in-one AI-powered …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 22, 2025 - 16:30 GMT

Jason Ruedy, Notes Record Surge in Credit Card Debt, Urges Homeowners to Utilize Home Equity for Relief

Jason Ruedy, Mortgage Expert notes a record surge in credit card debt, now at $125 billion, prompting many homeowners to tap into their home equity for relief DENVER, CO, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, Denver, CO …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 22, 2025 - 16:30 GMT

Audfly Showcases Cutting-Edge Directional Sound Technology at COMPUTEX 2025

TAIPEI, TAIWAN, CHINA, May 22, 2025 /⁨EINPresswire.com⁩/ -- Chinese acoustic technology innovator Audfly has made a significant impression at COMPUTEX 2025, one of the world’s largest ICT trade shows, currently taking place at the Taipei Nangang …

Distribution channels: Business & Economy, Companies ...
Published on May 22, 2025 - 16:16 GMT

OKC Metro Group Unveils Two Prime Urban Commercial-Industrial Properties on W Reno Ave

Versatile Flex Space and Unique Development Land Offer Unmatched Opportunities in Oklahoma City’s Thriving Business Corridor OKLAHOMA CITY, OK, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- OKC Metro Group is proud to announce the …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 22, 2025 - 16:14 GMT

Jatheon Technologies Announces AI-Enabled Data Archive

Jatheon Technologies, a leader in electronic communications management and archiving, today announced a major AI update to its AWS-based platform. TORONTO, ONTARIO, CANADA, May 22, 2025 /⁨EINPresswire.com⁩/ -- Liya, the new Jatheon Cloud AI …

Distribution channels: Business & Economy, Companies ...
Published on May 22, 2025 - 16:11 GMT

From the Diamond to Downtown: USSSA Arizona Spurs Regional Economic Momentum Across Phoenix Metro

USSSA Arizona teams up with SportsMan Solutions to offer naming rights and sponsorships across 150+ annual tournaments, 8 cities and over 5,600 teams statewide. PHOENIX, AZ, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- With 300 teams …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 22, 2025 - 16:00 GMT

Outsourced Accounts Receivable Services Drive Cash Flow and Operational Stability for Montana Businesses

Montana businesses boost cash flow and efficiency with Outsourced Accounts Receivable Services from IBN Technologies. MIAMI, FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Finance professionals are focusing more intently on improving receivables …

Distribution channels: Business & Economy ...
Published on May 22, 2025 - 16:00 GMT

Outsourced Accounts Payable Services Empower U.S. Industries to Streamline Operations and Boost Efficiency

Outsourced Accounts Payable Services improve invoice processing, management, and offer clear benefits for businesses. MIAMI, FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Businesses are increasingly turning to third-party providers to enhance …

Distribution channels: Business & Economy ...
Published on May 22, 2025 - 16:00 GMT

Outsourced Accounts Payable Services Drive Efficiency for New York Businesses

New York businesses boost efficiency and cut costs with outsourced accounts payable services from IBN Technologies. MIAMI, FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- To save expenses and boost productivity, companies in New York are …

Distribution channels: Business & Economy ...
Published on May 22, 2025 - 16:00 GMT

Outsourced Accounts Payable Services Drive Florida Businesses to Enhance Financial Efficiency and Control

Florida businesses boost financial efficiency and control by adopting expert outsourced accounts payable services. MIAMI, FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- To enhance financial operations, cut expenses, and maintain …

Distribution channels: Business & Economy ...
Published on May 22, 2025 - 15:45 GMT

Just Superfund Transforms Client Support With Supportbench’s Customer Management Solution

Australian accounting firm ends email chaos with Supportbench’s customer management tools VANCOUVER, BRITISH COLUMBIA, CANADA, May 22, 2025 /⁨EINPresswire.com⁩/ -- Just Superfund, a mid-sized accounting firm based in Australia, has transformed its …

Distribution channels: Business & Economy, IT Industry ...
Published on May 22, 2025 - 15:43 GMT

Devika Brij’s Breakout Book 'Thrive in Color' Launches as Exclusive Audible Audiobook

ATLANTA, GA, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Devika Brij, acclaimed author, corporate trainer and workplace equity strategist, has announced the exclusive Audible release of her groundbreaking book, Thrive in Color: How to …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on May 22, 2025 - 15:42 GMT

ECLARO Wins Talent Provider Award in nextSource Keystone Recognition Program

Talent solutions firm ECLARO, supporting global clients with strategic staffing, custom outsourcing and direct placement, wins nextSource Talent Provider Award NEW YORK, NY, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- ECLARO, the award-winning …

Distribution channels: Business & Economy ...
Published on May 22, 2025 - 15:21 GMT

The Union Bank Company backs local nonprofits

Bank donations aid Ohio organizations addressing key social needs COLUMBUS, OH, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- In line with its mission to strengthen the communities it serves, The Union Bank Company announced more than $8, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 22, 2025 - 15:17 GMT

Sticky Brand and Vermont Green FC Partner to Champion Environmental and Social Responsibility in Vermont

BURLINGTON, VT, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Sticky Brand proudly announces its fourth, season-long collaboration with Vermont Green Football Club, the state's newest sports team. Starting in Vermont Green’s inaugural …

Distribution channels: Business & Economy, Companies ...
Published on May 22, 2025 - 15:17 GMT

New Report Reveals Dangerous Deterioration of New York’s Roads Despite Record Tax and Toll Revenues

43% of NY roads are in poor shape, 10% of bridges are unsafe, yet tolls rise. James Medows demands action to fix NYC’s crumbling infrastructure. NEW YORK, NY, NY, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Released data studies are …

Distribution channels: Business & Economy, Environment ...