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Home World Africa

Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating with a Change from Negative to Stable Outlook

26 September 2024
in Africa
0
Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating with a Change from Negative to Stable Outlook
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Africa Finance Corporation (AFC) has received an uplift to its credit ratings outlook from Moody’s Investors Service, with a “stable” outlook, solidifying its position as one of the highest investment-grade African institutions. Moody’s affirmed AFC’s long-term issuer and senior unsecured ratings at A3, highlighting the Corporation’s strong financial standing and credibility in the market. This positive rating reflects AFC’s commitment to providing infrastructure solutions and its reputation as a leading player in Africa’s financial sector.

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Tags: AFCAffirmsAfricaChangeCorporationsfinanceMoodysNegativeOutlookRatingStable
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