Moody’s rating
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Afreximbank Faces Moody’s Downgrade as President Oramah Steps Down
The African Export-Import Bank (Afreximbank) is undergoing a critical transition, both in leadership and market confidence, as President and Chairman of the Board, Professor Benedict Oramah, formally exits the institution amid a fresh credit rating downgrade by Moody’s Investors Service. In a move seen as a significant blow to the bank’s financial standing, Moody’s downgraded […]