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Leading global leaders and specialists from the cement industry were in Dubai recently for a key industry event where they discussed the sector’s most pressing issues including the widespread overcapacity and the transition to a net-zero carbon future.
This rating action commentary replaces the version published on 6th June 2023 to correct the capitalisation and leverage score. Fitch Ratings has affirmed United Bank for Africa (UBA) Plc's Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. Fitch has also affirmed the bank's National Long-Term Rating at 'A+(nga)' and assigned a Stable |