1.0African News Paperhttps://www.africannewspaper.netadminhttps://www.africannewspaper.net/author/admin/“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook – The North Africa Post - African News Paperrich600338<blockquote class="wp-embedded-content" data-secret="bWhOOrW2Sm"><a href="https://www.africannewspaper.net/2022/09/22/very-difficult-18-months-ahead-for-african-banks-fitch-2022-23-outlook-the-north-africa-post/">“Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook – The North Africa Post</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.africannewspaper.net/2022/09/22/very-difficult-18-months-ahead-for-african-banks-fitch-2022-23-outlook-the-north-africa-post/embed/#?secret=bWhOOrW2Sm" width="600" height="338" title="““Very difficult” 18 months ahead for African banks — Fitch 2022-23 Outlook – The North Africa Post” — African News Paper" data-secret="bWhOOrW2Sm" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September).African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 pandemic, […]