Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. The Credible Money Coach offers insight to […]
Fitch Ratings confirmed Bank of Africa (BVC: BOA) Long-term issuer default ratings in foreign and local currency (IDR) at ‘BB’ with a stable outlook. Fitch also affirmed BOA’s sustainability rating (VR) at “bb-” and the national long-term rating at “AA- (mar)” with a stable outlook. Fitch Ratings has removed BOA’s support rating of ‘3’ and […]
Through Moody’s Published: 04 February 2022 20:55 Moody’s Investors Service (“Moody’s”) today downgraded the long-term issuer and senior unsecured debt ratings of the Government of Ghana to Caa1 from B3 and changed the outlook from negative to stable. Moody’s also downgraded the senior unsecured MTN program ratings to (P)Caa1 from (P)B3 and the senior unsecured […]
Fitch Ratings has upgraded Angola’s long-term foreign currency issuer (IDR) default rating to “B-” from “CCC”. The outlook is stable. A full list of rating actions can be found at the end of this rating action commentary. Main rating factors Angola’s IDR upgrade reflects the following key rating factors and their relative weights. High There […]
Paying for goods according to the installment plan is not a new method of payment, but it has resurfaced in response to increased consumer interest. “Buy now, pay later” gives consumers more control over how much they spend and where they spend it. It also gives them more freedom to buy the things they want, […]
The COVID-19 pandemic has tested African public health systems. It revealed weaknesses, gaps and inequalities – but also some potential solutions. The challenges posed by the pandemic are an opportunity for African health systems to overcome their current limitations. Many have been driven to develop innovative approaches. Countries have rapidly developed their diagnostic and genomics […]
Bilateral meetings take place in the framework of the third Turkey-Africa partnership summit in Istanbul The Turkish Foreign Minister continued Friday to meet his counterparts from African countries within the framework of the third summit of the Turkey-Africa partnership in Istanbul. “Continuation of our bilateral exchanges with FM @OJerandi from #Tunisia amp; Trade and Industry […]
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Many U.S. citizens with credit restrictions have a pressing need for an ideal and beneficial product to generally meet their long-term credit needs. Will you be the target of harassing, deceptive or abusive methods by collection agencies? Are you currently harassed by a payday loan or a loan collector looking to collect a loan? If […]
The Israeli Foreign Ministry announced yesterday that the country will donate one million doses of the AstraZeneca coronavirus vaccine to African countries through the international COVAX mechanism. Israel signed on about a year ago as a supporter of the COVAX partnership, but until now has not been actively involved in donating vaccine doses through this […]
From Aidoghie Paulinus, Abuja Fifty-three African countries have welcomed Chinese President Xi Jinping’s Global Development Initiative proposal. Support for the proposal by African countries was part of the outcome of the 8th Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) held in Dakar, Senegal, November 29-30, 2021, as content in the Dakar Action Plan […]
Nigeria flour mills (FMN) and Honeywell Group Limited (HGL) today announced in a press release that they have signed an agreement under which the flour mills will acquire the holding company of the Honeywell group, Honeywell Flour Mills PLC (HFMP). According to the press release, Honeywell Group Limited has agreed to sell a 71.69% stake […]
The 26th United Nations climate change conference, COP26, recently ended, with the aim of uniting countries in the fight against climate change. Climate change issues are likely to hit African countries the hardest, although the continent is least responsible for climate change. We asked Mouhamadou Bamba Sylla, AIMS-Canada Research Chair in Climate Change Science at […]
The Dar Es Salaam Stock Exchange, or DSE, is the official stock exchange of Tanzania which was established in 1994 under the 1994 Capital Markets and Securities Act (CMS). Originally incorporated as a private limited company, DSE is a non-profit organization that began operating in 1998. According to the review site Asktraders.com, DSE offers individual […]
Fitch Ratings awarded Oragroup SA (Oragroup) a long-term issuer default rating (IDR) of ‘B-‘ with a stable outlook and a viability rating (VR) of ‘b-‘. A full list of ratings is provided below. Main rating factors IDRS and VR Oragroup is a Togo-based bank holding company (holdco), which operates a group of wholly-owned banking subsidiaries […]
Through Moody’s Published: October 20, 2021 5:39 p.m. Moody’s Investors Service (“Moody’s”) today downgraded the Ethiopian government’s senior long-term, unsecured issuer rating to Caa2 from Caa1 under review for downgrade. The outlook is negative. This concludes the decommissioning review initiated on May 17, 2021. The downgrade to Caa2 reflects increased default risks. In the absence […]
Fitch Ratings has upgraded Gabon’s Long-Term Foreign Currency (LTFC) Issuer Default Rating (IDR) to “B-” from “CCC”. The outlook is stable. A full list of rating actions is provided below. Main rating factors The upgrade reflects a recent easing of liquidity pressures due to higher oil prices and a new IMF program. It also reflects […]