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Elevates

Fitch Elevates Ghana’s Credit Rating to ‘B-‘; Stability Outlook Maintained

This recent development underscores a significant uptick in investor confidence regarding Ghana's economic recovery, strongly driven by the efforts of Finance Minister Dr. Cassiel Ato Forson. It's remarkable how resilient economies can be, and Ghana's journey serves as a poignant reminder of this resilience. Eurobond Restructuring and External Debt Talks Drive Upgrade Fitch’s optimistic assessment stems from Ghana's noteworthy strides in debt restructuring. A prime example is the successful negotiation of $13.1 billion in…

Exclusive Interview: U.S. Elevates Diplomatic and Security Assistance in Somalia

MOGADISHU, SOMALIA/WASHINGTON — In an exclusive conversation, U.S. Ambassador to Somalia Richard Riley discussed the ongoing efforts to navigate the diplomatic tensions and security hurdles confronting Somalia, alongside U.S. attempts to mediate the simmering dispute with Ethiopia. Trouble flared up earlier this year between Somalia and Ethiopia when the latter inked a memorandum of understanding (MoU) with Somaliland, a self-declared independent region, which Somalia sees as an affront to its sovereignty. This…

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