Finance

Moody’s Upgrades Afreximbank’s Rating to Baa1

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Moody’s Upgrades Afreximbank’s Rating to Baa1

The global rating agency Moody's Investors Service (Moody's) has announced an upgrade of the issuer rating of the African Export-Import Bank (Afreximbank) from Baa2 to Baa1, with the outlook as stable. Information released by Moody’s in New York on Monday showed that the main driver of the upgrade...

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