FRI JAN 23 2026-theGBJournal| African Export-Import Bank (Afreximbank) announced on Friday that it has officially terminated its credit rating relationship with Fitch Ratings.
”This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s Establishment Agreement, its mission and its mandate,” the pan-African supranational multilateral financial institution said in a statement.
Analysts, surprised by move said the decision represents a significant shift in Afreximbank’s strategic direction, and an attempt to better align with its goals.
Afreximbank’s said its business profile remains robust, underpinned by strong shareholder relationships and the legal protections embedded in its Establishment Agreement, signed and ratified by its member states.
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