The outlook was revised to “Stable” from “Rating Watch Evolving” March 5, 2026/Afreximbank African Export-Import Bank (Afreximbank) welcomes GCR Ratings’ (“GCR”) latest Rating action on the Bank, affirming the Bank’s international scale long and short-term issuer ratings of A and A2 respectively. The outlook was revised to “Stable” from “Rating […]
Updates
Adequate Reserves Shield Economies From Shocks and Strengthen Resilience
(Credit: malija/iStock by Getty Images) International reserves Building foreign exchange reserves requires sound policies and takes time, but global efforts to lower the cost of holding them can help March 5, 2026/IMFBlog By Pierre-Olivier Gourinchas Participants at Saudi Arabia’s Al-Ula conference in February rightly lauded emerging market economies’ impressive resilience since the global financial […]
With Global Refineries Down, Dangote Refinery Becomes Nigeria’s Energy Lifeline
March 5, 2026/Dangote Group Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle East has led to the shutdown of some refineries and cut in refinery production across the […]
