S&P Global to Acquire Majority Stake in African Agency Agusto & Co.

The partnership aims to combine Agusto & Co.’s three decades of experience, which includes assigning over 4,000 ratings across the continent, with the global resources of S&P Global Ratings. According to Yann Le Pallec, President of S&P Global Ratings, the acquisition reflects a strategic effort to foster informed market analysis and improve investor confidence in African credit markets. Following the completion of the deal, Agusto & Co. will continue to function as a separate ratings entity, maintaining its own methodologies and regulatory compliance. Managing Director Yinka Adelekan stated that the affiliation fulfills the agency's long-term goal of integrating with a global leader while preserving its analytical independence. The transaction remains subject to customary regulatory approvals and is expected to close during the second half of 2026. Financial terms were not disclosed, and S&P Global indicated the acquisition is not expected to have a material impact on its financial results.