The African Union is set to launch a new continent wide credit rating agency in October as part of efforts to address high borrowing costs faced by African governments and strengthen the continent’s role in reforming the global financial system.
Paul Sikazwe, technical adviser on debt to the African Union Commission, said the African Credit Rating Agency will officially be launched in Mauritius on October 5, 2026.
Speaking at a debt and development conference in Nairobi organised by campaign group AfroDad, Sikazwe…
