Moodys projects growth for African private credit

Africas private credit market is expected to expand further as companies seek alternatives to bank lending. Assets reached $5.6 billion in 2025, driven by a persistent regional financing gap.

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A screen displays the Moody’s logo on the trading floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon

Africa's private credit market expanded to $5.6B by the end of 2025, up from $1.8B in 2020, according to MOODY'S CORP.