The credit rating exercise no longer reflects a good understanding of our mandate – Afreximbank on termination of relationship with Fitch

The African Export-Import Bank (Afreximbank), a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade, has officially terminated its credit rating relationship with Fitch Ratings. This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s […]