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Moody s targets Africa for long-term growth

As concerns rise on the level of indebtedness of both governments and corporates in the developed markets, Moody’s Corporation may have foreseen a slowdown in the debt markets in the global loan centres, thus informing its bullishness on Africa, as its next growth frontier and a source of long-term earnings and business sustainability. The recent […]

Moody s acquires majority stake in GCR, expanding presence in Africa

Ghana slams leviathan ratings agencies after Moody s downgrade

The African Union’s African Peer Review Mechanism has waded in to support Ghana after the country criticised Moody’s downgrade decision and alleged the ‘institutional bias’ of credit ratings agencies towards African countries.

Moody s expands African presence with majority stake acquisition in GCR ratings | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

Moody’s Corporation yesterday, announced that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited (GCR).

Moody s acquires 51% stake in GCR to expand presence in Africa

Moody s acquires 51% stake in GCR to expand presence in Africa
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