APA Insurance Limited (Oct 2025)

APA Insurance Limited (APA) is a short-term insurance provider in Kenya, authorized to underwrite various lines of business, including medical insurance. Established in 2003 through…

Burstone Group Limited (Oct 2025)

Burstone Group Limited (Burstone, the REIT) is an integrated international real estate business with operations in South Africa, Western Europe and Australia. It has been…

Evolution Credit Limited (Oct 2025)

The affirmation of the national scale servicer quality ratings is underpinned by Evolution Credit Limited’s (Evolution, the group) strong collection performance, good Information and Communications…

ZB Bank Limited (Oct 2025)

ZB Bank Limited (ZB Bank, the Bank) is wholly owned by ZB Financial Holdings Limited (ZB Holdings, the Group or ZBFH), a holding company that…

Lagos State Government (Aug 2025)

The liquidity assessment remains negative to the ratings based on our estimate of liquidity sources versus uses coverage of 1.07x over the 21-month period to…

BAOBAB SENEGAL SA (Aug 2025)

Baobab Sénégal est un acteur majeur du secteur de la microfinance au Sénégal. C’est l’une des principales filiales du Groupe Baobab, dont le siège est…

Lewis Group Limited (Aug 2025)

Lewis Group Limited (Lewis or the group) is one of South Africa’s leading household furniture and electrical appliance retailers. The group houses six trading brands,…