26/08/2026
African Union to launch continental credit rating agency in October.
AfCRA is intended to be an African-based credit-rating institution that will assess the creditworthiness of African governments and companies.
It is being developed through the African Peer Review Mechanism (APRM), an AU-backed institution. The agency is intended to be private-sector-led, self-funded and independent, rather than simply becoming another department of the African Union.