Mauritius
GCR Ratings is a leading rating agency in Africa. Established in 1996 as the African arm of Duff & Phelps, it has experienced rapid growth and is now the predominant rating agency on the continent. With a strong local presence in Mauritius, South Africa, Nigeria, Kenya, and Zimbabwe, GCR boasts the largest rating team in Africa, providing unparalleled on-the-ground presence and easy access to market participants.
GCR is licensed as a rating agency in several key markets, including Kenya, Nigeria, Zimbabwe, and Mauritius. It holds recognition as an eligible External Credit Assessment Institution (ECAI) by the Bank of Mauritius and the South African Reserve Bank. In South Africa, GCR is registered as a Credit Rating Services Provider by the Financial Services Conduct Authority.
The latest investment in GCR Ratings was a Venture Round investment on 26 November 2009, with Proparco being the investor. As a prominent player in the Financial Services industry, GCR's stronghold in the African market and its strategic partnerships make it a promising venture for potential investors.
