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Published on 13:40 GMT

Afreximbank Stepped In When Others Wouldn’t, No Institution Was Ready to Support Africa Like This, Says AU Ratings ...

Dr. Misheck Mutize, Lead Technical Expert for the AU-APRM Credit Ratings Programme, has called out global rating agency Fitch for its contradictory assessment of the African Export-Import Bank (Afreximbank), arguing that no other institution has been as …

Source: Arise News - Neutral
Published on Jun 18, 2025

Fitch upgrades Ghana’s credit rating - Cites strong economic management

Global credit rating agency, Fitch Ratings, has upgraded the country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘Restricted Default’ to ‘B-’ with a Stable Outlook, indicating a vote of confidence in Ghana’s economic recovery efforts. …

Source: Graphic - Neutral
Published on Jun 18, 2025

Mahama announces plans to migrate Ghanaian workers to EU cou...

President John Dramani Mahama has unveiled plans for a landmark labour migration agreement between Ghana and the European Union (EU), designed to create legal pathways for Ghanaian professionals to work in European countries facing acute labour shortages. …

Source: Modern Ghana - Neutral
Published on Jun 18, 2025

Analysis: Fitch upgrade signals turning point for Ghana’s economy, but risks persist

Ghana’s sovereign credit rating upgrade from Restricted Default to ‘B-’ with a Stable Outlook by Fitch Ratings marks a significant milestone in the country’s macroeconomic recovery. The move reflects growing investor confidence, improved policy credibility …

Source: Joy FM - Indeterminate
Published on 12:49 GMT

Wema Bank Secures Multiple Credit Upgrades on Strong Capital Growth and Rising Profitability

Wema Bank Plc is making big strides in the Nigerian banking industry, with leading rating agencies persistently reiterating its strengthened resilience and strength. Pan-African credit rating agency Agusto & Co recently upgraded the bank’s credit …

Source: The News Chronicle - Neutral
Published on Jun 18, 2025

Why African funds shouldn’t be invested in external economies, by Oramah

Capital remains the binding constraint to attaining the African economy’s full development potential, the President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah has said. He explained that the …

Source: The Guardian (Nigeria) - Neutral
Published on Jun 17, 2025

President Mahama reaffirms Ghana’s commitment to deepening strategic EU partnership

By James Amoh Junior, GNA Accra, June 17, GNA – President John Dramani Mahama on Tuesday reaffirmed Ghana’s commitment to an expanded and forward-looking partnership with the European Union (EU). He described the collaboration as a cornerstone for Ghana’s …

Source: Ghana News Agency - Pro-Government
Published on Jun 17, 2025

Ghana seeks EU support to boost green energy production

By Iddi Yire Accra, June 17, GNA – Ghana looks forward to leveraging the European Union (EU)-supported Just Energy Transition Partnership (JETP), to scale up solar, wind, and green hydrogen financing, President John Dramani Mahama, has stated. JETPs are …

Source: Ghana News Agency - Pro-Government
Published on 11:39 GMT

Agusto & Co upgrades Wema Bank rating to A- amid stronger financial performance

Pan-African credit rating agency Agusto & Co has upgraded Wema Bank’s credit rating from BBB+ to A-, citing improved profitability, stronger operational efficiency, a solid liquidity profile, and substantial shareholder support. The rating upgrade …

Source: Nairametrics - Neutral
Published on Jun 17, 2025

Fitch upgrades Ghana's rating to "B-" with stable outlook

ACCRA, June 17 (Xinhua) -- The credit rating agency Fitch Ratings has upgraded Ghana's long-term foreign-currency issuer default rating to "B-," up from "restricted default," according to a release. The agency also upgraded the …

Source: Xinhua News Agency - Gov't Propaganda
Published on Jun 16, 2025

Media reports Africa to initiate new credit rating organization

(MENAFN) Africa is set to launch its first homegrown credit rating agency, the African Credit Rating Agency (AfCRA), by the end of September, according to a Bloomberg report. Backed by the Africa Peer Review Mechanism (APRM) under the African Union, AfCRA …

Source: MENAFN - Indeterminate
Published on Jun 16, 2025

Nigeria’s Quiet Economic Reordering

For years, Nigeria’s economy staggered under the weight of distortions that rewarded insiders and punished the wider population. Billions of dollars were drained each year to sustain fuel subsidies—a scheme that, while politically popular, served more as a …

Source: Equity Media - Gov't Propaganda
Published on Jun 16, 2025

Wale Edun: Africa Must Mobilise Its Own Capital to Drive Economic Transformation

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has issued a clarion call for Africa’s sovereign wealth funds to take centre stage in transforming the continent’s economies, urging them to move beyond their traditional …

Source: Arise News - Neutral
Published on Jun 18, 2025

Tax gap widens - 61% VAT revenue uncollected

Ghana is facing a significant tax gap, with a 61 per cent shortfall in Value Added Tax (VAT) collection, resulting in the country collecting only about 39 per cent of its potential tax revenue. To address tax evasion and tax avoidance, efforts are …

Source: Graphic - Neutral
Published on Jun 14, 2025

Sidi Ould Tah: The Quiet Rise of Mauritania on the African Stage

Elected with over 76 percent of the vote, Mauritania’s Sidi Ould Tah embodies the discreet but strategic resurgence of a long-understated country on the continental scene. His victory crowns several years of steady diplomatic positioning. The vote sent …

Source: The Reporter Ethiopia - Neutral
Published on Jun 13, 2025

Undermining multilateral status of African financial institutions sets a dangerous precedent

By Olabisi D. AKINKUGBE (Prof) The pivotal role that African Multilateral Financial Institutions (AMFIs) serve as an important alternative source of financing for governments in Africa and the Global South is under significant threat. While historically, …

Source: Business and Financial Times - Pending
Published on Jun 17, 2025

Afreximbank risks debt restructuring and junk rating, JPMorgan warns

London — The chances of Afreximbank getting involved in a debt restructuring have increased, JPMorgan said on Tuesday, a development that could prompt ratings agency Fitch to lower the lender’s rating to junk and force some investors to sell its bonds. The …

Source: BusinessLIVE - Pending
Published on Jun 17, 2025

Forge new narratives to tackle tax and debt challenges – UNDP urges government

The UNDP Resident Representative in Ghana, Niloy Banerjee, has urged Ghana and other African countries to embrace a new development narrative that reflects the continent’s current realities and future aspirations. Speaking at the SDG Financing for …

Source: GhanaWeb - Neutral
Published on Jun 17, 2025

Change of guard: the road ahead for AfDB's new president

Sidi Ould Tah’s election to the helm of the African Development Bank (AfDB) in May comes at a pivotal moment for Africa’s biggest multilateral lender. Africa is grappling with a worsening funding crisis and the increasingly urgent need to assert its …

Source: African Business - Neutral

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Published on June 16, 2025 - 09:07 GMT

Media reports Africa to initiate new credit rating organization

(MENAFN) Africa is set to launch its first homegrown credit rating agency, the African Credit Rating Agency (AfCRA), by the end of September, according to a Bloomberg report. Backed by the Africa Peer Review Mechanism (APRM) under the African Union, AfCRA …

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Published on June 10, 2025 - 14:34 GMT

Moody’s Affirms Utah’s Aaa Credit Rating, Citing Strong Fiscal Governance and Resilience

SALT LAKE CITY (June 10, 2025) – Moody’s Ratings has reaffirmed Utah’s Aaa issuer credit rating, reflecting the state’s strong economy, exemplary fiscal management, and minimal debt. Utah has never been rated below Aaa by any credit rating agency for its …

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Published on June 18, 2025 - 14:39 GMT

Pomerantz Law Firm Announces the Filing of a Class Action Against Fortrea Holdings, Inc. and Certain Officers – FTRE

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Fortrea Holdings, Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) and certain officers. The class action, filed in the United States …

Distribution channels: Consumer Goods, Media, Advertising & PR ...
Published on June 18, 2025 - 13:20 GMT

THOR Industries Announces Regular Quarterly Dividend

ELKHART, Ind., June 18, 2025 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its June 18, 2025, meeting, the payment of a regular quarterly cash dividend of $0.50 per share. The regular cash …

Distribution channels: Banking, Finance & Investment Industry, Sports, Fitness & Recreation ...

Published on June 18, 2025 - 11:30 GMT

Statement from Bart Demosky, Executive Vice President and CFO, Bombardier, on S&P’s Global Ratings Upgrade to BB- from B+...

MONTRÉAL, June 18, 2025 (GLOBE NEWSWIRE) -- Bombardier is proud that S&P Global Ratings has upgraded the company’s credit rating to BB- from B+, with a stable outlook. This upgrade underscores Bombardier’s robust financial performance and strategic …

Distribution channels: Aviation & Aerospace Industry ...
Published on June 7, 2025 - 05:00 GMT

Slovenia gets the highest credit rating among Central and Eastern European countries

SLOVENIA, June 7 - On Friday, 6 June 2025, Standard & Poor's (S&P) credit rating agency raised Slovenia's credit rating from AA- to AA with a stable outlook. Among European countries, Ireland, Belgium and the United Kingdom also have an AA …

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Published on June 3, 2025 - 16:13 GMT

California Community Reinvestment Corporation Receives ‘A+’ Credit Rating From S&P Global

Strong Financial Management and Mission-Driven Lending Model Affirmed by National Rating Agency GLENDALE, CA, UNITED STATES, June 3, 2025 /⁨EINPresswire.com⁩/ -- California Community Reinvestment Corporation (CCRC), California’s premier Community …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on June 17, 2025 - 13:00 GMT

H2O America’s General Counsel, Willie Brown, Appointed to CalChamber Board of Directors

SAN JOSE, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ:HTO) announces the appointment of Willie Brown, vice president and general counsel, to the CalChamber board effective May 5, 2025. "I am honored to join the board of CalChamber …

Distribution channels: Companies, Energy Industry ...

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Published on June 19, 2025 - 16:38 GMT

Professional Beauty Services Market to Reach USD 348.4 Billion by 2031, Top Impacting Factors

The LAMEA is anticipated to witness highest growth rate, registering a CAGR of 7.4% from 2022 to 2031 in the professional beauty services market. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by …

Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on June 19, 2025 - 16:18 GMT

USD 538.6 Billion U.S. Events Market Value Cross by 2030 | Top Players - Access Destination, Anschutz Entertainment

The U.S. events market size was valued at $94.8 billion in 2020 and is expected to reach $538.6 billion by 2030, registering a CAGR of 13.0% from 2021 to 2030. WILMINGTON, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a …

Distribution channels: Business & Economy, Consumer Goods ...
Published on June 19, 2025 - 16:15 GMT

Collective 54 Defines the Standard for Valuing Boutique Professional Services Firms

500 Firms Have Used Collective 54’s Proprietary Estimator Tool to Understand and Increase their Firm’s Worth DALLAS, TX, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Collective 54, the leading community for founders of boutique …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 16:09 GMT

TOOTRiS Bolsters Government Solutions with Addition of Public Policy Strategist Kelly Davydov

Veteran systems-builder to expand state and CCR&R collaboration on Child Care modernization SAN DIEGO, CA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- With nearly two decades of experience building early childhood systems and driving …

Distribution channels: Business & Economy, Companies ...
Published on June 19, 2025 - 16:00 GMT

CEA Summit East 2025 Opens With Keynote on Sustainable Growth in Indoor Farming

Government, technology, and industry leaders unite to explore the path forward for economically and environmentally sound CEA practices DANVILLE, NV, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Indoor Ag-Con and the CEA Innovation Center …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Outsourcing Accounts Receivable Services Empower California Businesses to Thrive in Challenging Economic Conditions

California businesses gain financial agility and faster collections by outsourcing accounts receivable services to IBN Technologies. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- A significant change is taking place as …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Outsourcing Accounts Receivable Services Key to Montana Business Success

Montana businesses boost cash flow and accuracy by outsourcing accounts receivable services with IBN Technologies’ expert support. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- As Montana businesses face shrinking cash flow, …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Colorado Businesses Turn to Outsourcing Accounts Receivable Services for Financial Efficiency

Colorado businesses boost financial stability and efficiency by outsourcing accounts receivable services with expert-led solutions. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Businesses in key industries, such as …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Outsourcing Accounts Receivable Services Boosts Utah Firms' Financial Control

Utah businesses boost cash flow and reduce costs by outsourcing accounts receivable services with IBN Technologies' expert support. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Businesses in Utah are under increasing …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Outsourced Accounts Payable Services Help North Carolina Achieve Process Stability

Outsourced accounts payable services brings Carolina easy solutions to simplify financial scaling for expanding enterprises. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Modern finance teams navigate increasing complexity and …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Outsourcing Accounts Payable Services in New York Strengthened by IBN Technologies’ Expertise

New York companies gain operational control by leveraging outsourcing accounts payable services. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- New York businesses are rethinking their approach to finance management, particularly …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Outsourcing Accounts Payable Services in New Jersey Reinforced by IBN Technologies

New Jersey businesses increase efficiency through outsourcing accounts payable services. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- New Jersey companies are moving away from outdated, manual payment practices in favor of …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 16:00 GMT

Outsourcing Accounts Payable Services Scaled for Growth by IBN Technologies in Florida, USA

Florida companies benefit from outsourcing accounts payable services for smoother operations. MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- In Florida, business owners are increasingly moving toward outsourced accounts payable …

Distribution channels: Business & Economy ...
Published on June 19, 2025 - 15:58 GMT

American Collective LP Strengthens Market Position with Comprehensive Health Plans

American Collective LP expands access to affordable, ERISA-based health plans with telemedicine, preventive care, and nationwide provider networks. NEW YORK, NY, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Following its successful launch, …

Distribution channels: Business & Economy, Companies ...
Published on June 19, 2025 - 15:53 GMT

Non-Small-Cell Lung Cancer Market Size Set for Rapid Expansion, Valued at USD 36.9 billion by 2031 | CAGR of 9.3%

The non-small cell lung cancer market grow at a CAGR of around 9.3% from 2021-2031. PORTLAND, OR, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Global Non-Small-Cell Lung Cancer …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on June 19, 2025 - 15:39 GMT

Europe Events Market Expected to See Exponential Growth to $123.9 Billion by 2030, 5.6% CAGR

Europe events market was valued at $31.4 billion in 2020, and is projected to reach $123.9 billion by 2030, growing at a CAGR of 8.7% from 2021 to 2030. WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on June 19, 2025 - 15:38 GMT

Virtual Cards Market Set for Rapid Growth Through 2032 Amid Digital Payment Surge

Virtual Cards Market Set for Rapid Growth Through 2032 Amid Digital Payment Surge NEW CASTLE, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Virtual Cards Market by Product Type ( …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 15:36 GMT

Countdown to EAA Compliance: Healthcare’s Digital Front Door Must Be Open to All

CurbCutOS Helps Healthcare Providers Get Ahead of the June 28 Accessibility Deadline BOISE, ID, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The clock is ticking. With the European Accessibility Act (EAA) set to take effect this month, …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on June 19, 2025 - 15:33 GMT

Credit Card Cash Advance Market Industry Grows at 6.4% CAGR, Reaching $25.7 Billion by 2033

Credit Card Cash Advance Market Industry Grows at 6.4% CAGR, Reaching $25.7 Billion by 2033 NEW CASTLE, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Credit Card Cash Advance …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 15:32 GMT

Ohio Medicare Plans, Led by Brian C. Moore, Named Ohio's Top-Ranked Medicare Expert & Nextdoor ‘Community Favorite’

Learn More About The Most Trusted Name in Ohio for Medicare Beneficiaries Since 1999 - Ohio's No-Cost Concierge Services Elite Medicare Benefits Guide! CINCINNATI, OH, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- For over 25 years, …

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