Africa to Launch Its Own Credit Rating Agency

The Reporter Ethiopia · 2026-10-07T13:25:56.000Z · Business

The African Union will launch Africa’s first continental credit rating agency, seeking to offer an alternative to the three major global ratings agencies as mounting debt burdens weigh on economies across the continent. The AU says the Africa Credit Rating Agency (AfCRA) will provide assessments based on African data, expertise and economic conditions, complementing existing […]

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