Dangote Cement - July 2017
Two global ratings agencies have rated Dangote Cement high for its financial strength, describing its outlook as stable. Moody’s has assigned three high ratings to the cement producer, including a first time Ba3 corporate family rating, a Ba3-PD probability of default rating and an Aaa.ng national scale rating. The Ba3 corporate family rating is reportedly just one notch above the government of Nigeria’s rating.