Delhi International Airport Downgraded to BB by Fitch

Delhi International Airport Downgraded to BB by Fitch

Delhi International Airport Limited (DIAL) had been downgraded by Fitch to BB from BB+ while maintaining a negative outlook. The downgrade of India’s largest airport comes on the back of low traffic volume in 2020 due to the pandemic and a prolonged recovery...
China In Discussion to Offer Debt Relief to Kenya

China In Discussion to Offer Debt Relief to Kenya

The Chinese embassy in Nairobi said that China was in talks with Kenya on a debt-service suspension deal, days after the Paris Club agreed to delay $300mn in payments by Kenya. China signed payment suspension agreements with 12 African countries and gave waivers on...
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