Other News

Business

African Development Bank gets S&P Global’s AAA rating, with stable outlook

Rating agency S&P Global has affirmed its ‘AAA/A-1+’ long- and short-term issuer credit assessment of the African Development Bank (AfDB) with a stable outlook The rating agency positively assessed the Bank’s very strong financial risk profile, very strong capital adequacy, strong funding and liquidity, extraordinary shareholder support, and adequacy of […]