Home Tunisia Nigeria, Congo, Tunisia… The diktat of the rating agencies

Nigeria, Congo, Tunisia… The diktat of the rating agencies

by Press Room


Several African countries have seen their sovereign ratings deteriorate. But should we therefore trust the international rating agencies?

“The downgrading of Nigeria’s rating by Moody’s came as a surprise to us, as we had showcased all the work we have done to stabilize the economy.” Nigerian Finance Minister Zainab Ahmed is furious. And considers the “surprise” degradation of his country’s sovereign rating as…



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