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Published on Jul 23, 2021

Fitch affirms triple A-rating of African Development Bank

Global credit rating agency, Fitch Ratings, has affirmed the African Development Bank’s credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the bank’s shareholders. Fitch views the bank …

Source: Eagle Online - Neutral
Published on Jul 22, 2021

Fitch affirms Triple A-rating of the African Development Bank, Outlook stable

Download logo Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (www.AfDB.org) credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s …

Distribution channels: Business & Economy, World & Regional
Published on Jul 21, 2021

Green bonds to drive Nigeria’s alternative solar energy

By Taofik Salako, Deputy Group Business Editor FMDQ Securities Exchange Limited has listed NSP-SPV PowerCorp Plc’s green bond issuance programme in a major step towards providing long-term funding for the development of Nigeria’s alternative energy …

Source: The Nation (Nigeria) - Uncategorized
Published on Jul 14, 2021

Nigeria Should Move Away From So-Called Youth Empowerment To Youth Investment – Adesina

Proffering solutions aimed at developing the Nigerian socio-economic space, the President of African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that youth empowerment initiatives should be substituted with youth investment. He said this while …

Source: Biz Watch Nigeria - Uncategorized
Published on Jul 13, 2021

Imperatives for shared prosperity in Nigeria

By Akinwumi Adesina Nigeria is blessed with incredibly rich diversity: of people, of cultures, of religions, of mineral resources, oil, and gas, an amazingly rich biodiversity, that should make us the envy of the world. We are blessed with abundantly …

Source: The Nation (Nigeria) - Uncategorized
Published on Jun 30, 2021

Trade Ministry backs proposal to license local credit rating agencies

A Technical Advisor to the Minister of Trade and Industry (MoTI), Anthony Nyame-Baafi, has welcomed the move to license domestic credit rating agencies by the Securities and Exchange Commission (SEC). - Advertisement - “The proposal to establish a domestic …

Source: Ghana MMA - Neutral
Published on Jul 9, 2021

Non-residents’ share of Ghana’s cedi debt among highest in Africa

International credit rating agency Moody’s has rated Ghana among African countries with the highest shares of non-resident participation in their local currency debt markets. Non-resident investors held 18.5 percent of Ghana’s local currency public debt in …

Source: Ghana MMA - Neutral
Published on Jul 10, 2021

Akinwumi Adesina: How Nigeria can manage its diversity for collective good

AfDB President Akinwumi Adesina: speaks on managing Nigeria’s diversity for collective good Text of the Convocation Lecture Delivered By Dr. Akinwumi A. Adesina President, African Development Bank Group at American University of Nigeria on 10 July 2021. …

Source: PM News - Uncategorized
Published on Jul 10, 2021

Adesina sends message to Nigeria’s leaders on stopping breakup agitations

Akinwumi Adesina AfDB President: speaks on how to stop agitations for breakup of Nigeria AfDB President Akinwumi Adesina gave an impassioned speech at the graduation ceremony of American University of Nigeria on Saturday, advising Nigeria’s leaders on how …

Source: PM News - Uncategorized
Published on Jun 24, 2021

MTN Nigeria assigned highest possible credit ratings by Global Credit Ratings

MTN Nigeria has secured Global Credit Ratings (GCR’s) highest possible short- and long-term ratings on GCR’s national rating scale, becoming the first mobile network operator in Africa to be accorded such ratings by GCR. GCR upgraded MTN Nigeria’s national …

Source: Engineering News - Neutral
Published on Jul 19, 2021

Dutch, GCR upgrade Afreximbank’s outlook to positive, Moody’s affirms stable ratings

African Export-Import Bank (Afreximbank) has received a set of strong credit rating affirmations and “Positive” outlooks from Moody’s, Fitch Ratings, and GCR Ratings, underlining its resilient financial position and performance. The ratings reinforce the …

Source: Eagle Online - Neutral
Published on Jun 30, 2021

Ghana Off FATF Grey List

GHANA HAS been taken off from the Financial Action Task Force’s (FATF’s) ‘grey list’ for money laundering and terror financing after making significant progress in improving its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) …

Source: Ghana MMA - Neutral
Published on Jun 26, 2021

African Development Bank 2021 Annual Meetings: Members show support for plan to tackle Covid-19

Download logo The African Development Bank Group’s (www.AfDB.org) shareholders have shown strong support for the Bank’s proposals to tackle the Covid-19 pandemic, and this as the continent faces the possibility of a third wave of infection amid poor …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on Jun 18, 2021

Profitability of African banks is likely to improve this year

LOAN loss provisioning is expected to fall among the biggest banks in South Africa, Kenya and Morocco, but will remain above long-term averages over the next 12 months, Moody’s Investors Service said yesterday. “The drop will boost net profits at these …

Source: News (South Africa) - Uncategorized
Published on Apr 26, 2021

Ghana’s credit ratings fail to improve

The first full sovereign credit rating of Ghana for 2021 was delivered last week, and it left rating sentiment unchanged from last year. This came from global credit rating firm Moody’s Investor Services rating the country’s sovereign bond issuance at B3 …

Source: Ghana MMA - Neutral
Published on Jun 4, 2021

ATI Announces Profits for the 9th Consecutive Year as it Marks 20 Years of supporting Trade and Investment in Africa

ATI (www.ATI-aca.org) has shown great resilience and posted a net profit growth of 43% and a Gross Exposure of USD 6.3 billion amidst the COVID-19 Global Pandemic; ATI is increasing its capital base and footprint across the African continent through …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 25, 2021

12 Nigerian banks lend customers N690bn in three months

The combined loan portfolio of 12 commercial banks in Nigeria rose by N690bn in the first three months of this year, data collated from their unaudited financial statements show. The loans and advances to their customers grew to N17.75tn as of March 31, …

Source: Punch - Neutral
Published on May 21, 2021

Ghana misses out on US$558.1 million G20 debt relief

Government has missed out on the opportunity to save nearly US$560m in debt servicing costs after it elected not to take part in a debt relief initiative for lower income countries badly hit by the pandemic. The Debt Service Suspension Initiative (DSSI), …

Source: Ghana MMA - Neutral
Published on May 29, 2021

The high cost of underrating Africa

`Perception premiums’ shouldn’t overinflate risks perennially assigned to a brighter Africa COMMENT | HIPPOLYTE FOFACK | In 2020, the COVID-19 pandemic caused Africa’s first recession in 25 years. The sharp tightening of global financial conditions …

Source: Independent (Uganda) - Neutral

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Published on July 13, 2021 - 16:06 GMT

Artel becomes first private Uzbek manufacturing company to obtain credit rating

Uzbekistan, Tashkent, July 13, 2021 (GLOBE NEWSWIRE) -- On Monday, Artel Electronics LLC (“Artel”), Central Asia’s leading home appliance and electronics manufacturer and one of Uzbekistan’s largest companies, has received a first-time Fitch rating of ‘B’ …

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Published on July 13, 2021 - 11:28 GMT

Artel becomes first private Uzbek manufacturing company to obtain credit rating

Fitch Ratings assigns Artel Electronics LLC a first-time rating of ‘B’/Stable Outlook TASHKENT, UZBEKISTAN, July 13, 2021 /⁨EINPresswire.com⁩/ -- On Monday, Artel Electronics LLC (“Artel”), Central Asia’s leading home appliance and electronics …

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

Published on July 22, 2021 - 18:51 GMT

Fitch affirms Triple A-rating of the African Development Bank, Outlook stable

Download logo Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s (www.AfDB.org) credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s …

Distribution channels: Business & Economy, World & Regional
Published on May 25, 2021 - 09:00 GMT

Fred Glynn, Hamilton County Councilman, Announces County’s Tax Rate Decrease and High Bond Credit Rating

Hamilton County in Indiana recently decreased its tax rate while also maintaining an extremely high bond credit rating, according to Fred Glynn. CARMAL, INDIANA, UNITED STATES, May 25, 2021 /⁨EINPresswire.com⁩/ -- Fred Glynn, Hamilton County …

Distribution channels: Culture, Society & Lifestyle ...

Published on May 10, 2021 - 22:13 GMT

State of Alaska, AIAS Credit Rating Outlook Improves

May 10, 2021 (Juneau, AK) – Alaska Governor Mike Dunleavy today announced that Standard and Poor’s Global Ratings revised the State of Alaska’s credit rating outlook to stable from negative, and reviewed and affirmed the State of Alaska’s general …

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Published on April 29, 2021 - 22:59 GMT

Governor Announces Improvement in Alaska’s Credit Rating Outlook

(Juneau) – Alaska Governor Mike Dunleavy today announced that Moody’s Investors Service lifted the State of Alaska’s credit rating outlook to stable and reviewed and affirmed the State of Alaska’s general obligation bond rating of Aaa3. The rating agency …

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Published on April 23, 2021 - 22:01 GMT

S&P Global Ratings Affirms Ballad Health Credit Rating

JOHNSON CITY, Tenn., April 23, 2021 (GLOBE NEWSWIRE) -- S&P Global Ratings announced today it has affirmed Ballad Health’s credit rating as “A-” with a stable outlook. This announcement follows the recent upgrade to A3 from Baa1 by Moody’s Investor …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on April 10, 2021 - 05:16 GMT

S&P, Moody's, and Fitch Affirm Rhode Island's AA Credit Rating

Rhode Island General Treasurer Seth Magaziner released the following statement regarding the strong AA credit ratings issued by S&P and Fitch, and the Aa2 rating issued by Moody's for the State of Rhode Island. The ratings from all three agencies …

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Published on July 27, 2021 - 00:06 GMT

Vigna Law Group: Polypropylene Vaginal Mesh Extrapelvic Pain Syndromes

Dr. Greg Vigna discusses the unique risks associated with the arms of polypropylene retropubic and transobturator slings. SANTA BARBARA, CALIFORNIA, UNITED STATES, July 26, 2021 /⁨EINPresswire.com⁩/ -- “Extrapelvic pain caused by the arms of …

Distribution channels: Business & Economy, Consumer Goods ...
Published on July 27, 2021 - 00:03 GMT

SEPTEMBER 17, 2021 CAPRC SILK ROAD CONFERENCE AT NORTHERN ILLINOIS UNIVERSITY CAMPUS

September 17, 2021 - Businesses will have the opportunity to learn about bilateral trade opportunities in Azerbaijan, China, Kazakhstan, Turkey and, Uzbekistan. CHICAGO, ILLINOIS, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- The Central Asia …

Distribution channels: Business & Economy, Conferences & Trade Fairs ...
Published on July 26, 2021 - 23:59 GMT

Your Home Sold Guaranteed Realty Announces Goal to Raise $100K to Help Kids at Children’s Hospital Los Angeles

ROSEMEAD, CA, UNITED STATES OF AMERICA, July 26, 2021 /⁨EINPresswire.com⁩/ -- Your Home Sold Guaranteed Realty announced today that the award-winning brokerage has made a commitment to raise $100,000 for Children’s Hospital in Los Angeles (CHLA). …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 26, 2021 - 23:47 GMT

Apollos University Innovating in AI and IT Leadership Degrees

Imagine yourself as a leader in today’s Artificial Intelligence and Information Technology fields. GREAT FALLS, MONTANA, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- As more and more businesses and business operations embrace IT and AI applications, …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on July 26, 2021 - 23:45 GMT

World Votes As Young Leaders Are Nominated for UPG’s Journey to Hurricane Island (USA)

18 youth compete for votes to be among 6 chosen for UPG Sustainability Leadership training on Hurricane Island, USA. https://upglive.org/journeytohurricane GENEVA, GENEVA, SWITZERLAND, July 27, 2021 /⁨EINPresswire.com⁩/ -- 18 young …

Distribution channels: Business & Economy, Environment ...
Published on July 26, 2021 - 22:40 GMT

Federal Judge Rules DACA “Unlawful,” Suspending New Applicants

A Texas federal judge put the brakes on an Obama-era law protecting immigrants who came to the U.S. as minors, leaving their fate uncertain. by Nadia El-Yaouti NEW YORK CITY, NEW YORK, UNITED STATES, July 26, 2021 /⁨EINPresswire.com⁩/ -- A Texas …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on July 26, 2021 - 21:48 GMT

Brandon Howard is building a Higher Life Brand Legacy

Higher Life CBD: Brandon Howard is putting his footprint in cannabis industry. INDIANAPOLIS, INDIANA, UNITED STATES, July 26, 2021 /⁨EINPresswire.com⁩/ -- Higher Life CBD Dispensary LLC is pleased to announce the launch of a new line of Hemp …

Distribution channels: Business & Economy ...
Published on July 26, 2021 - 21:07 GMT

HealthSpace signs new contracts with value of US$709,230.95, of which US$599,230 is ARR, over the next five years.

HealthSpace Signs New Contracts with State of Wisconsin DHS, Vermillion County IL, Mason County IL, and Hastings Prince Edward Ontario Healthspace Data Systems Ltd (HS:CSE:HS) UNITED STATES, July 26, 2021 /⁨EINPresswire.com⁩/ -- HealthSpace …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on July 26, 2021 - 20:59 GMT

Ambassador Sandhu’s power lunch with TiE SoCal

TiE SoCal Charter Members gathered together to host Ambassador Taranjit Singh Sandhu at Sheraton Cerritos for a luncheon meeting last Tuesday, 7/20/21. CERRITOS, CALIFORNIA, UNITED STATES, July 26, 2021 /⁨EINPresswire.com⁩/ -- TiE …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 26, 2021 - 20:22 GMT

Harris Alumni Around The World

TORONTO, ON, CANADA, July 26, 2021 /⁨EINPresswire.com⁩/ -- The international impact of Harris Institute’s alumni is increasing. Paul (Pavlo) Simtikidis will film his 3rd PBS Special in Santorini, Greece on August 6th and 7th. The special will …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on July 26, 2021 - 19:57 GMT

First Commercial (C-SCRM) Product to Implement Cybersecurity Executive Order 14028 SBOM Requirements

SBOM has changed the entire C-SCRM narrative by bringing a more product-centric focus to supply chain risk controls WESTFIELD, MA, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- Reliable Energy Analytics LLC (REA) is pleased to announce the commercial …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on July 26, 2021 - 19:45 GMT

New Virtual Assistant Startup Celebrates One Year in Business by Expanding to Include SOP Services

Having an easy-to-use training and development system for your employees can help streamline your processes, creating more growth and less turnover. PLEASUREVILLE, KY, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- Less than a year old, Life by Design …

Distribution channels: Business & Economy ...
Published on July 26, 2021 - 19:33 GMT

Dimitra and Agzon Agritech announce partnership delivering mobile ag technology to 350,000 farmers

Major AG input supplier partners to deliver mobile tech to their farmer customers BELIZE, BELIZE, July 26, 2021 /⁨EINPresswire.com⁩/ -- Globally farmers benefit by adopting mobile enabled digital technologies. Technologies like machine learning, …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on July 26, 2021 - 19:00 GMT

CollabraLink Awarded FDA’s CDER $140 million Blank Purchase Agreement to Support Workflow Management Program

MCLEAN, VA, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- CollabraLink Technologies, Inc. (CollabraLink), a leading Digital Services provider for the Federal government, is honored to be one of the awardees of a $140 million Blanket Purchase Agreement …

Distribution channels: Business & Economy, Companies ...
Published on July 26, 2021 - 18:54 GMT

DEALPOINT MERRILL COMPLETES THEIR 69 ACRE PURCHASE OF THE RICHMOND TOWN SQUARE MALL IN RICHMOND HEIGHTS, OHIO

RICHMOND HEIGHTS, OHIO, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- Completing the 69-acre acquisition of the remaining mall site makes way for a $200 million construction project to begin on the Belle Oaks Marketplace mixed-use development. www. …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on July 26, 2021 - 18:42 GMT

Diversity Professional Magazine Wins SCMSDC Supplier of the Year Award

LOS ANGELES, CALIFORNIA, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- Diversity Professional magazine, an interactive international publication for the diversity, equity, and inclusion industry with a focus on business, career and lifestyle for …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on July 26, 2021 - 18:36 GMT

HRH Prince Jagadeesh Daneti addresses Indian Bureaucrats on Mission Kalam Anniversary Celebrations

MISSION KALAM reached Millions of Global Citizens thus making Pink Jaguars Entertainment prestigiously popular. LOS ANGELES, CALIFORNIA, USA, July 26, 2021 /⁨EINPresswire.com⁩/ -- Indian Bureaucrats and World Influencers congratulated HRH Prince …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 26, 2021 - 18:31 GMT

When It Comes to Sales, Bob Wilkinson Ottawa Says This Factor is the Most Important

When It Comes to Sales, Bob Wilkinson From Ottawa Says This Factor is the Most Important OTTAWA, ON, CANADA, July 26, 2021 /⁨EINPresswire.com⁩/ -- Looking for the “secret ingredient” for making sales? Bob Wilkinson, a leading salesperson in …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 26, 2021 - 17:58 GMT

Introducing Cap Expand Partners, Helping Businesses Expand To New Markets Abroad

Cap Expand Partners assist international business leaders in acquiring companies in Europe. RIEMST, BELGIUM, UNITED STATES, July 26, 2021 /⁨EINPresswire.com⁩/ -- Financial consulting company Cap Expand Partners are pleased to announce a fresh new …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on July 26, 2021 - 17:41 GMT

Favour Ori Keeps African Technology Jobs, Workers Focus With Talent Match

Nigeria Native Favour Ori Focuses on African Tech Talent With New Efforts to Streamline Job Searches and Contracting as Remote Work Booms. VANCOUVER, BC, CA, July 26, 2021 /⁨EINPresswire.com⁩/ -- As web-based jobs continue to grow through the …

Distribution channels: Business & Economy, Companies ...