Fitch Ratings Downgrades Dangote Industries Limited

Tekedia | 07-08-2024 08:52am |

Unbelievable for Aliko Dangote and his business: “Fitch Ratings has downgraded Dangote Industries Limited’s (DIL) credit rating to B+ and placed it on ratings watch negative, citing concerns about its liquidity and ability to raise money. The downgrade reflects significant deterioration in the group’s liquidity position following lower than expected disposal proceeds, operational and financial [...]The post Fitch Ratings Downgrades Dangote Industries Limited appeared first on Tekedia.

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