Africa credit rating Archives

Africa to launch credit rating agency by September

A new Africa-led credit rating agency, the African Credit Rating Agency, is set to launch by the end of September 2025, offering an alternative to the dominant global firms—Fitch, Moody’s, and S&P. Backed by the African Union through its African Peer Review Mechanism, AfCRA aims to provide credit assessments that better reflect African realities and […]

monwubukepdnlimited-com
9th June 2025
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Nigeria, African nations propose continental credit rating agency initiative

Nigeria and other African countries are working to create a continental credit rating agency to address the perceived bias of Western agencies like Moody’s, Fitch, and S&P. The initiative aims to provide fairer assessments of African economies, taking into account their unique contexts and growth potential. This was disclosed on Tuesday at the Launch of […]

monwubukepdnlimited-com
18th December 2024
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Tag: Africa credit rating

Africa to launch credit rating agency by September

Nigeria, African nations propose continental credit rating agency initiative

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