Biased credit ratings cost Africa $75 billion annually – Experts

Dakar Summit Hails South Africa's G20 Presidency, Calls For Stronger Regional Coordination – The Standard Newspaper

DAKAR, 5 November 2025 – With Africa’s standing in global decision-making rising, policymakers, senior government leaders, central bank officials, economists and development partners from across West Africa met in Dakar on October 30th-31st, 2025 for the G20 Conference in West Africa: Empowering Africa’s Voice Within the G20. Organized by AfriCatalyst, the South African Institute of International Affairs (SAIIA), the United Nations Development P…

Africa Loses $74.5bn Yearly to Skewed Credit Ratings:  Experts Warn of Structural Bias in Global Finance

Africa’s fragile economic growth is being undermined by systemic bias in global credit ratings, costing the continent an estimated $74.5 billion every year, according to leading economists and policymakers who spoke at a high-level regional conference in Dakar, Senegal. The two-day summit — convened by AfriCatalyst, the South African Institute of International Affairs (SAIIA), the …

Biased credit ratings cost Africa $75 billion annually – Experts

Experts have raised concerns that Africa loses approximately $75 billion annually due to biased credit ratings that inflate borrowing costs and limit development funding.    The post Biased credit ratings cost Africa $75 billion annually – Experts   appeared first on Nairametrics.