(The following statement was released by the rating agency) Fitch Ratings says in its 2014 Outlook report for Sub-Saharan African (SSA) sovereigns that growth will pick up in 2014, helped by recovery in Europe, but financial market turbulence linked to Fed tapering could pose challenges for sovereigns with twin deficits […]
Tag: Sub-Sahara Africa
Citi Names Top Nigerian Banker as Chief Executive Officer of SSA Division
Press Release New Africa Structure to focus on Growing Bank’s Coverage across Key Markets Johannesburg / Lagos– Citi today announced the appointment of Ade Ayeyemi as Chief Executive Officer for its Sub Saharan Africa Division, based in Johannesburg. The bank also announced that its North African business will now report […]
Nigeria Accounts for 30 Percent of Sub-Saharan Africa’s Exports
There are indications that Nigeria’s trade policy has placed it above other countries in the sub-Saharan Africa as it accounts for about 30 percent of the entire exports of the Sub-Saharan African countries to the outside world. However, the international financial advisory firm, Renaissance Capital, which made the disclosure said […]
