LAGOS, Aug 29 – Moody’s ratings has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves and better-than-expected …
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Credit Ratings
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Credit Ratings
Africa’s New Credit Rating Agency: What Investors Need to Know Ahead of Its October Launch
LAGOS, Aug 26 – Africa is preparing to introduce a new institution to its financial architecture as the African Credit Rating Agency, …
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ADDIS ABABA, Aug 15 – Fitch Ratings has upgraded the Republic of Congo’s long-term local-currency rating to CCC+ from CCC, citing reduced …
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Credit Ratings
Why S&P Just Bought Nigeria’s Oldest Rating Agency Two Months Before Africa Launches Its Own
LAGOS, July 31 – S&P Global’s agreement to acquire a majority stake in Agusto & Co., one of Africa’s oldest domestic credit …
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LONDON, July 30 – A potential super El Niño is unlikely to trigger sovereign credit rating downgrades across Africa and other emerging …
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ADDIS ABABA, July 29 – Africa’s first continental credit rating agency is set to launch on 6 October in Mauritius, marking a …
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Credit Ratings
S&P Global to Acquire Majority Stake in Agusto & Co to Expand African Credit Ratings Business
LONDON, July 28 – S&P Global has agreed to acquire a majority stake in Agusto & Co, a leading pan-African credit ratings …
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Credit Ratings
Tanger Med Receives Investment-Grade Ratings from S&P and Moody’s Amid Expansion Plans
RABAT, July 24 – Morocco’s Tanger Med Port Authority (TMPA) has received its first long-term investment-grade credit ratings from both S&P Global …
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LAGOS, July 3 – Agusto & Co. has upgraded MTN Nigeria Communications Plc’s long term national rating to Aaa from Aa+, while …
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Credit Ratings
South Africa’s Credit Rating Upgrades Signal Path Back to Investment Grade, Treasury Says
JOHANNESBURG, June 12 – South Africa’s recent credit rating upgrades and positive outlook revisions from major global rating agencies represent a significant …
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