Fitch's Downgrade of Afreximbank Reveals Deeper Issue of Systemic Rating Bias

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Fitch's Downgrade of Afreximbank Reveals Deeper Issue of Systemic Rating Bias

#AfricanCurrents | "Fitch's own criteria cannot supersede an internationally recognized accounting framework, which was applied in the accounting financial statements, which are signed by auditors that are internationally recognized," Dr. Misheck Mutize, Lead Expert for Country Support on Rating Agencies at the African Peer Review Mechanism, expressed.

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