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Moody’s Turns Positive on Sub-Saharan Africa Amid Reforms and Commodities

Moody’s Turns Positive on Sub-Saharan Africa Amid Reforms and Commodities

Moody’s has shifted its outlook on sub-Saharan African countries to positive, citing reforms that helped them weather inflationary pressures. The agency also noted strong commodity prices and improved access to financing have supported fiscal positions.

Original headline

Moody's turns positive on sub-Saharan African countries