Afreximbank defends Fitch exit, says rating ignored Africa funding shift

2 weeks ago

The President and Chairman of the Board of Directors of the African Export Import Bank (Afreximbank), Dr. Dr George Elombi, has defended the bank's decision to terminate its relationship with Fitch Ratings, arguing that the agency's assessment failed to reflect the institution's unique mandate and evolving funding strategy.

The post Afreximbank defends Fitch exit, says rating ignored Africa funding shift appeared first on Nairametrics.

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