Africa
S&P sees more ratings for Nigerian, Kenyan companies
By Carolyn Cohn
Borrowers across the continent are looking to tap international capital markets following successful bond sales by African countries.
"More Nigerian bank ratings will be coming out later this year … we are working on a number of corporates in the region," Reuss said.
"Time and time again, the government has made announcements, time and time again those plans were delayed," Reuss said, adding that any ratings timescale was difficult to predict "because of the many delays that we have seen so far".
"It's gotten slightly worse, it's a concern – it's not at this point destabilising the Nigerian state."
The killings were not having a more widespread impact on the Kenyan economy so far, S&P said.