Thursday
June 12
2025

Afrocentric Credit Rating Agency to Debut Soon

By Joseph Chibueze

Africa will soon have its credit rating agency, African Credit Rating Agency (AfCRA). The move became necessary following the growing discontent over the credibility of the ratings assigned to African governments and institutions by the three global rating agencies including Fitch, Moody’s and S&P.

Photo courtesy of Andrea Piacquadio.

Source: The Guardian (link opens in a new window)

Categories
Finance
Tags
credit scoring, financial inclusion