Africa Finance Corporation (AFC) has received an uplift to its credit ratings outlook from Moody’s Investors Service, with a “stable” outlook, solidifying its position as one of the highest investment-grade African institutions. Moody’s affirmed AFC’s long-term issuer and senior unsecured ratings at A3, highlighting the Corporation’s strong financial standing and credibility in the market. This positive rating reflects AFC’s commitment to providing infrastructure solutions and its reputation as a leading player in Africa’s financial sector.
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President John Mahama promises full investigation
Ghana is mourning the loss of two government ministers and six others who died in a military helicopter crash in the Ashanti region, prompting President John Mahama to announce a full investigation and a three-day mourning period. The helicopter, carrying officials including Defence Minister Edward Omane Boamah and Environment Minister Ibrahim Murtala Muhammed, crashed under adverse weather conditions, with no survivors found. Want More Context? 🔎
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