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S&P Global acquires majority stake in Agusto & Co. to boost African credit markets.

Company Fundamentals
28 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

S&P Global has agreed to acquire a majority stake in Agusto & Co., a leading Pan-African credit rating agency operating in Nigeria, Kenya, Rwanda, and Ghana. This partnership combines S&P Global's international expertise with Agusto & Co.'s strong local presence to enhance credit transparency and market insights across Africa. Agusto & Co. will continue to operate independently, issuing its own ratings under regulatory standards. The deal, expected to close in the second half of 2026 pending regulatory approval, aims to support the growth and development of Africa's domestic credit markets without materially impacting S&P Global's financial results.

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