March 19, 2021/Fitch Ratings Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary KEY RATING DRIVERS Nigeria’s ‘B’ rating is supported by the large size of the […]
Updates
World GDP Forecasts Revised Up After US Fiscal Stimulus Package
March 19, 2021/Fitch Ratings Global growth prospects are improving as fiscal support is stepped up sharply, economies adapt to social distancing and vaccination rollout gathers momentum, says Fitch Ratings in its latest Global Economic Outlook (GEO) released today. We now expect global GDP to expand by 6.1% this year, revised […]
US$1.2 million Innovation Fund launched to unearth emerging technologies
Fund seeks to support entrepreneurs using renewable energy to start or diversify existing businesses March 18, 2021/AECF The African Enterprise Challenge Fund (AECF) (www.AECFafrica.org) has today launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities. Businesses and entrepreneurs in Burkina Faso, […]
