The rating of Africa Finance Corporation has been upheld at “Aa-” by Agusto & Co. This rating expires 30 June 2018.
Agusto & Co’s assigned rating to Africa Finance Corporation (‘’AFC” or the “Corporation”) is underpinned by the Corporation’s strong liquidity profile, good asset quality and strong capital position. Despite the harsh operating environment which prevailed in 2016, AFC remained focused on its strategy of diversifying country and sector exposure by investing in new African markets and financing key infrastructural projects.
The opinions expressed in this rating release do not represent investment or other advice and should therefore not be construed as such. Visit www.agusto.com for further information.
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