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.

S&P Global to Acquire Majority Stake in Agusto & Company Limited, Expanding Ratings' Presence in Africa's Debt Markets

The investment, a strategic step for both companies, will complement and support the growth strategy of the S&P Global Ratings division

S&P Global will acquire a majority stake in Agusto & Co