On April 17, 2015, Standard & Poor's Ratings Services affirmed its 'B+/B' long- and short-term foreign and local currency sovereign credit ratings on the Republic of Kenya. The outlook is stable.
The Angola Sovereign Fund has set up five venture capital funds for high-growth industries and the economic and social development of Angola and sub-Saharan Africa, the fund said in a statement sent to Macauhub.
Fitch Ratings has affirmed Ethiopia's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'B'. The issue ratings on senior unsecured foreign currency bonds are also affirmed at 'B'. The Outlooks on the Long-term IDRs are Stable.…
A TOTAL of 87 companies were liquidated in 2014 compared to 44 in the year ago period while companies under judicial management rose to 60 from 44, data obtained from the Master of High Court shows.
In order to revive the Douala Stock Exchange (DSX), the Cameroonian government is expected to soon list new public and parapublic companies.
On March 27, 2015, Standard & Poor's Ratings Services affirmed its 'B+/B' long- and short-term foreign and local currency sovereign credit ratings on the Republic of Zambia. The outlook is still negative.