Tag Archives: outlook

Wagner revolt in Russia dims outlook for its operations in Africa

A revolt by the Wagner force in Russia poses a diplomatic quandary for Mali and Central African Republic (CAR), where forces from the mercenary group have played an increasingly central role in long-running internal conflicts. As the Wagner fighters barrelled towards Moscow on Saturday after seizing a southern city overnight, …

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Fitch downgrades Ghana’s outlook from stable to negative

  International Economic rating firm Fitch has downgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative from stable. Fitch has affirmed the IDR at ‘B’. According to the latest Fitch report, the negative rating reflects the significant deterioration in public finances as a result of the Covid-19 pandemic and …

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