Africa Finance Corp's new S&P 'A' rating will lower borrowing costs, CEO says

Africa Finance Corp's new S&P 'A' rating will lower borrowing costs, CEO says

The chief executive of Africa Finance Corp said its first credit rating from S&P Global would help it achieve lower borrowing costs and expand lending across the continent.

Africa Finance Corp. Says S&P Rating May Help it Add Investors

Africa Finance Corp. expects its inaugural investment grade credit assessment from S&P Global Ratings to bolster the drive to expand its shareholder base, slash borrowing costs and diversify funding.

Iran foreign minister: Nuclear deal depends on if Biden follows Trump's failed policies

Africa Finance Corporation (AFC) says its newly secured A long-term credit rating from S&P Global will lower its borrowing costs and strengthen its ability to expand infrastructure financing across Africa.The post AFC wins S&P A rating, eyes cheaper funding across Africa appeared first on Nairametrics.

S&P Global (S&P) Assigns ‘A/A-1’ Ratings with a Positive Outlook to Africa Finance Corporation (AFC) Reflecting its Robust Credit Profile

The agency pointed in particular to AFC’s capacity to structure and execute complex transactions, and to deploy capital across priority sectors where private financing alone is often insufficient LONDON, United Kingdom, January 29, 2026/APO Group/ –Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today welcomed the assignment of ‘A’ long-term and ‘A-1’ short-term issuer credit ratin…

Fitch downgrades Afreximbank to ‘high risk’ over Ghana’s debt restructuring, halts firm’s rating

Fitch Ratings says it will no longer provide ratings or analytical coverage for African Export-Import Bank (Afreximbank) for commercial reasons.   The development comes as Fitch in a statement on Wednesday downgraded the bank’s long-term issuer default rating (IDR) to ‘BB+’ from ‘BBB-,’ with a stable outlook.   The agency also cut Afreximbank’s short-term issuer default rating (IDR) to ‘B’ from ‘F3’.   A downgrade means Fitch now considers Afrex…