• Contact
Saturday, January 28, 2023
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Trending Tags

  • Business
    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    The global online music streaming market to reach $29 billion by 2027, report

    The global online music streaming market to reach $29 billion by 2027, report

  • Finance
    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

    Businesses in Nigeria are set to face an upset as interest rate goes up

    Businesses in Nigeria are set to face an upset as interest rate goes up

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Africa must fight ‘strongman’ backslide, billionaire Ibrahim says

    Trending Tags

  • Business
    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    African mobile game publisher Carry1st raises $27M in funding round led by Bitkraft Ventures

    The global online music streaming market to reach $29 billion by 2027, report

    The global online music streaming market to reach $29 billion by 2027, report

  • Finance
    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

    Businesses in Nigeria are set to face an upset as interest rate goes up

    Businesses in Nigeria are set to face an upset as interest rate goes up

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Economy

Fitch Solutions Operational Risk Index remodeled as alternative to World Bank’s Doing Business Report

TAB by TAB
23/02/2022
in Economy
0
Fitch Solutions Operational Risk Index remodeled as alternative to World Bank’s Doing Business Report
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Fitch Solutions Operational Risk Index remodeled as alternative to World Bank’s Doing Business Report

Fitch Solutions, a provider of data, research and analytics, launched a revamped and enhanced Operational Risk service – providing an immediately accessible alternative to the now-discontinued World Bank Doing Business report.

Related posts

Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

28/01/2023
1
Ethiopia and the World Bank sign financing agreements worth $745 million

Ethiopia and the World Bank sign financing agreements worth $745 million

28/01/2023
1

Fitch Solutions Operational Risk Index remodeled as alternative to World Bank’s Doing Business Report

The remodelled Fitch Solutions Operational Risk Index provides an objective and data-driven assessment of the ease of doing business across 201 markets, enabling users to quantify and compare business environment risks to their investments, supply chains and day-to-day operational activities.

The Operational Risk Index is also used in Fitch Ratings Bank Rating Criteria  to derive an implied Operating Environment Score for a given jurisdiction, replacing the World Bank Doing Business data that was previously used as part of the bank rating methodology.

The Index, which was developed by the Fitch Solutions Country Risk and Industry Research team, is underpinned by 90 input metrics that are updated quarterly. It is designed with full transparency in mind.

Each of the 201 markets covered is given a headline Operational Risk score out of 100 to allow for direct market-by-market benchmarking and comparison. However, the Index’s explanatory power lies in its ability to capture and quantify operational challenges via a focus on the four underlying elements of risk that combine to give the headline score: Crime and Security, Logistics, Trade and Investment, and Labour Market Risk.

The Index is available via Fitch Solutions’ online platform, Fitch Connect. Users can use interactive charting capabilities and proprietary data download tools to access and fully appraise all of the data contained in each of the four underlying risk categories. The Index captures metrics that go beyond those that were previously included in the now discontinued World Bank Doing Business report.

In addition to the Index and the data, 370 new reports will be released to provide qualitative analysis. The reports align four main areas of risk captured by the Index under the headings Crime, Defence and Security; Logistics and Freight Transport; Trade and Investment and Education and Labour. Analysis will include, but not be limited to, coverage of crime, cyber and conflict risk; economic openness; labour costs, availability and skills; access to utilities and transport networks.

Nick Morgan, Managing Director and Head of Country Risk and Industry Research at Fitch Solutions, said: ‘’This is a timely opportunity to introduce the Operational Risk Index to clients who may have previously used the World Bank’s Doing Business data and analysis. The Operational Risk Index gives a comprehensive picture of business environment risks across 201 markets, giving users access to a more agile, extensive and transparent range of comparable metrics.”

‘’Quarterly updates of the 90 underlying metrics for each market mean that the Index and reports can be used to support a range of business activities, including risk benchmarking, business climate and supply chain analysis, investment decision making. The inclusion of the Index in the Fitch Ratings Bank Rating Criteria is in line with our commitment to ensuring our methodologies are transparent and robust.’’

Fitch Solutions Operational Risk Index remodeled as alternative to World Bank’s Doing Business Report

Source: Africa Business Communities
Previous Post

Sahel: $379 million for the Desert to Power program dedicated to solar energy

Next Post

CDC partners with FirstBank to support women and SMEs with $100m credit facility in Nigeria

Next Post
CDC partners with FirstBank to support women and SMEs with $100m credit facility in Nigeria

CDC partners with FirstBank to support women and SMEs with $100m credit facility in Nigeria

RECOMMENDED NEWS

Invictus sees 20TCF of gas potential in Zimbabwe

Invictus sees 20TCF of gas potential in Zimbabwe

7 months ago
5
LOOK: K Naomi dazzles in red at baby shower

LOOK: K Naomi dazzles in red at baby shower

1 year ago
1
Is your partner having an emotional affair?

Is your partner having an emotional affair?

1 year ago
6
Kenyans keep their money in USD to protect their wealth

Kenyans keep their money in USD to protect their wealth

1 year ago
3

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business – News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • BasiGo signs with AVA to assemble 1,000 electric buses in Mombasa
  • Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa
  • Africa will have 57 million pay TV subscribers by 2028, report

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In