S&P Global has entered into an agreement to acquire a majority stake in Agusto & Co., a prominent African credit rating agency. The partnership is designed to combine S&P Global’s international expertise with Agusto & Co.’s regional experience to bolster credit market transparency and growth across Africa. Agusto & Co. will maintain its operations as a separate ratings entity, issuing its own ratings and methodologies. The transaction, for which financial terms were not disclosed, remains subject to regulatory approvals and is expected to close in the second half of 2026.