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Lower growth and higher rates will weigh on African issuers

Credit Currents - Moody's Ratings

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Introduction

Scott Phillips is head of A Merging Markets at Moody's Investor Service. He joins colleagues David Rogavic and Mick Cabeyer, and Matt Perny from GCR Ratings. Today we're going to focus on credit dynamics in Africa as US President Biden prepares for the US-Africa Leaders Summit. We've seen a number of negative rating actions this year, but it hasn't all been negative.

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