Posted by: APO | 1 February 2021

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

Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank ( with a stable outlook. The ratings agency said its outlook reflected the expectation that the African Development Bank (AfDB) would, over the next two years, “prudently manage its capital while maintaining solid levels of high-quality liquidity assets and… Read more on


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