Mauritius launches African Credit Rating Agency AfCRA
By the AFREEQUE newsroom, based on Newsday
AfCRA, the African Credit Rating Agency, has been launched in Mauritius under the auspices of the African Union. It aims to better assess the continent’s economies, reduce the cost of access to capital and strengthen Africa’s financial sovereignty, according to Newsday.
The African Credit Rating Agency AfCRA was launched in Mauritius as part of an initiative led by the African Union, reports Newsday. It is to offer an assessment of African economies that better takes account of their complexities, opportunities and risks than current international methodologies.
AfCRA is part of a broader ambition to strengthen the continent’s financial sovereignty, improve African countries’ access to capital and support their development. The African credit rating agency launched its operational headquarters in Mauritius.
The rest of this article is for subscribers.
Try AFREEQUE!
12,000+ readers already get the AFREEQUE newsletter
- Every article in full: all the news from Africa, summarised and easy to read
- A local source in 52 of the continent’s 54 countries
- 100% independent: no advertising, no shareholders
- The satisfaction of supporting an independent African news outlet that serves its readers
Discovery offer
€1
for 15 days
then €9.99/month
Try it for €1No commitment · cancel in one click
New subscribers only
🔒 Secure payment with:
Already a subscriber? Log in
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
