Africa is launching a new credit agency
Africa launched its own credit rating agency in Mauritius, with support from the African Union and key regional bodies, emphasizing independence to build investor trust.
- Africa launched a credit rating agency in Mauritius, in collaboration with the African Union, the African Peer Review Mechanism, and the Economic Commission for Africa.
- African Union Commission chairperson Mahmoud Ali Youssouf stated that the agency’s independence would be critical to gaining investor confidence.
Outlets: Addis Fortune, Libya Herald, Moneyweb, NewsDay (Zimbabwe), The Conversation Africa, The Namibian
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