S&P Global buys majority stake in Nigeria’s Agusto & Co

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S&P Global has agreed to acquire a majority stake in Agusto & Co, a leading Pan-African credit rating agency, to strengthen its presence in Africa’s domestic debt markets and enhance credit transparency. The terms of the transaction were not disclosed.
•Move to deepen Africa’s debt markets, boost credit transparency By Babajide Komolafe S&P Global has agreed to acquire a majority stake in Agusto & Company Limited, a leading Pan-African credit rating agency, in a move aimed at strengthening its presence in Africa’s domestic debt markets and enhancing credit transparency across the continent. The transaction, which is […]
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