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AFRICAN CREDIT RATING AGENCY

A new Africa-led credit rating agency is set to begin operations by the end of September 2025, aiming to offer an alternative to the global “big three” agencies, Fitch, Moody’s, and S&P. 
Nigerian President Bola Ahmed Tinubu has expressed strong support for the newly-launched African Credit Rating Agency (AfCRA), noting that it will provide fairer and more transparent credit assessments for African economies.  
The African Union has elected Mahamoud Ali Youssouf of Djibouti as the new Chairperson of the AU Commission,...
The African Union has announced the launch of its own rating agency, the African Credit Rating Agency (AfCRA),...