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The African Union Cheats on Fitch, Moodys and S&P for Its Own Rating Agency, AfCRA
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On October 7th in Mauritius, the African Union will formalize the launch of the African Credit Rating Agency (AfCRA), its future continental rating agency. Mauritius emerged as a host jurisdiction after a selection process led by the African Peer Review Mechanism (APRM). The Pan-African organisation had itself designated Port Louis as its future [...] The article The African Union trumps Fitch, Moodys and S&P for its own rating agency, AfCRA app…
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