Moody’s sees ongoing surge in Africa’s private credit market
Moody’s sees ongoing surge in Africa’s private credit market
Africa’s private credit market is set for further expansion as companies and infrastructure projects seek alternatives to constrained bank lending, credit ratings firm Moody’s said in a report on Tuesday. The continent’s private credit industry remains small but has grown rapidly in recent years, with assets under management rising to $5.6 billion at the end…
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Africa’s private credit market is set for further expansion as companies and infrastructure projects seek alternatives to constrained bank lending, credit ratings firm Moody’s said in a report on Tuesday. The continent’s private credit industry remains small but has grown rapidly in recent years, with assets under management rising to $5.6 billion at the end…