
Afreximbank Rejects Fitch Downgrade, Defends Financial Strength and Treaty-Based Operations
The African Export-Import Bank (Afreximbank) has issued a formal response to Fitch Ratings’ June 4, 2025, downgrade of its long-term foreign currency issuer default rating from ‘BBB’ to ‘BBB-’ with a negative outlook, rejecting the agency’s concerns over …