Afreximbank claims Fitch has a mistaken perspective regarding potential losses.
Afreximbank Challenges Fitch’s Valuation on Ghana and Other Loans Afreximbank, a financial institution supporting trade across Africa, has taken issue with valuation agency Fitch for presenting a misleading picture of its potential losses concerning loans in Ghana and other cash-strapped nations. Last week, Fitch indicated that the Cairo-based lender risks around $2 billion in losses […]