Fitch affirms AfDB 'AAA' rating for stable outlook

Fitch has affirmed the African Development Bank’s (AfDB) long-term issuer default rating (IDR) at ‘AAA’ with a stable outlook, and its short-term IDR at F1+. This is the best quality grade, indicating exceptionally strong capacity to meet its financial commitments.
Akinwumi Adesina, the AfDB chief executive.
Akinwumi Adesina, the AfDB chief executive.
Times Reporter