Afreximbank Ends Relationship with Fitch Over Rating Dispute
Afreximbank has severed ties with Fitch, citing disagreements over its rating methodology and failure to acknowledge its preferred creditor status.
Insights:
The African Export-Import Bank (Afreximbank) has terminated its relationship with credit ratings firm Fitch Ratings as of January 23, 2026. The decision stems from a fundamental disagreement over Fitch's approach to assessing the bank's creditworthiness and its refusal to recognize Afreximbank's preferred creditor status. This marks a significant development in the ongoing debate over how hybrid multilateral lenders are evaluated.
