Post by Proshare (@Proshare)

Weekly Snapshot on the African Economy as @310726

This week's African developments highlight a continent that’s actively shaping its financial future. Credit markets, capital flows, and regional integration are becoming the key themes. The upcoming acquisition of Agusto & Co. by S&P Global, just before the October launch of the African Credit Rating Agency (AfCRA) in Mauritius, shows that Africa's credit scene is stepping into a new chapter. While global rating agencies are expanding their presence through acquisitions, Africa is also creating its own institutions to offer credit analysis rooted in local market insights. With Moody's earlier acquisitions of GCR Ratings, WARA, and MERIS, these recent changes emphasise Africa's growing importance on the global stage.

Read more: https://proshare.co/articles/weekly-snapshot-on-the-african-economy-as-310726?menu=Market&classification=Read&category=Global%20Market

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