GCR Ratings has affirmed Afreximbank’s issuer ratings at A and A2, removing the ‘Rating Watch Evolving’ status and assigning a Stable outlook. This action indicates reduced concerns regarding sovereign debt restructurings.

• Afreximbank's long-term issuer rating affirmed at A, short-term at A2.
• GCR Ratings cited "immaterial downside risk related to sovereign debt restructurings" following recent resolutions, including with Ghana.
• The affirmation supports Afreximbank's robust counter-cyclical mandate, strong track record, and preferential creditor treatment.