African Union to Launch African Credit Rating Agency in October, Adviser Says
The new agency will offer an African perspective on sovereign risk and aims to reduce borrowing costs, officials said, as major ratings firms dispute bias claims.
9 Articles
9 Articles
African Union to launch African credit rating agency in October, adviser says
The African Peer Review Mechanism (APRM) - an African Union-backed initiative - will launch a continent-wide credit ratings agency in October, a senior adviser at the AU said on Wednesday, 26 August 2026 as it seeks to tackle high borrowing costs.
African Union to launch African credit rating agency in October
The African Peer Review Mechanism (APRM) - an African Union-backed initiative - will launch a continent-wide credit ratings agency in October, a senior adviser at the AU said on Wednesday, as it...
Africa Credit Rating Agency created to overcome perceived bias against continent launches October 7
The new agency is being established to complement rather than replace global ratings firms Moody’s, S&P, Fitch, all of which have been accused of bias against African sovereigns and firms.
African Union launching credit rating agency - The Press United
The AU-backed institution is intended to provide an alternative assessment of governments’ credit worthiness The African Union (AU) will launch a continent-wide credit rating agency in Mauritius on October 5, a senior AU adviser said on Wednesday. The African Peer Review Mechanism (APRM), an AU-backed initiative, is preparing to launch the African Credit Rating Agency […] The post African Union launching credit rating agency appeared first on Th…
Africa to Launch Long Awaited Continental Credit Ratings Agency in October
By Adedapo Adesanya The African Peer Review Mechanism (APRM), an African Union-backed initiative, will launch a continent-wide credit ratings agency in October as part of efforts to reduce borrowing costs for African countries. Mr Paul Sikazwe, technical adviser on debt to the African Union Commission, said the agency would be launched in Mauritius on October 5. This […]
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