Credit Rating
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KCB Bank Raises its Base Lending Rate to 15.6%
The Kenya Commercial Bank (KCB) has announced an upward revision of its base lending rate to 15.6% per annum. The…
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Metropol Takes Part in Discussion to Operationalise Africa Credit Rating Agency in Lusaka
Metropol Corporation Limited took part in the ongoing discussions to operationalise the Africa Credit Rating Agency in Lusaka, Zambia to…
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Kenya Sets Date to Buy Back it’s Maturing $2 Billion Eurobond
Kenya has made an offer to buy back its $2 billion Eurobonds that will mature in June and revealed plans…
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Kenya Eyes Capital Markets to Repay $2 Billion Eurobond
Kenya is exploring the option of tapping the international capital markets to help fund the repayment of a $2 billion…
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Ivory Coast Raises $8 Billion in Oversubscribed $2.6 Billion Bond Offering
Ivory Coast has made comeback to the international bond market, issuing its first dollar bonds since 2017 and managed to…
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Egypt in Debt Crisis as Moody’s Cuts Outlook
Egypt is facing a deepening economic crisis as its credit outlook was downgraded by Moody’s and its currency plunged to…
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Ethiopia Stops Servicing its Eurobond a Year Ahead of Maturity; Why?
The Ethiopian Government failed to make a $33 million coupon payment due (December 11, 2023) to bondholders, signaling a potential…
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Metropol Advocates for Structured Conversation on Credit Rating in Africa
Metropol Corporation Limited is spearheading a structured and high-level conversation about credit rating in Africa. This initiative comes as the…
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Metropol Credit Rating Agency Announces Webinar on Capital Raising and Pricing in Africa
Metropol is hosting a forthcoming webinar titled “Use of Ratings in Capital Raising and Pricing” on November 23, 2023, organized…
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Credit Rating in Africa
Ordinarily, it would not be necessary for a government or any other borrower to repeatedly announce that they have enough…
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