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Moody’s downgrades Angola’s ratings to B-minus, outlook stable

PUBLISHED: Mon, 09 Mar 2020 11:12:40 GMT

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Moody’s has downgraded Angola’s sovereign rating to B negative with a stable outlook pricing in the impact of lower oil production and lower oil prices. Joining CNBC Africa for today’s Africa Exchange segment is Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking.


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