AfCRA, an African rating agency to counter the biases of global giants

The African continent is about to launch its own credit rating agency. Developed in collaboration with the African Union, AfCRA intends to provide a credit risk assessment tailored to African realities, faced with international agencies regularly accused of excessive severity towards Africa.

Published on RocksNews: 1 Oct 2026, 19:27 UTC
Updated: 1 Oct 2026, 19:29 UTC
Language: English (Original language: French)

AfCRA, an African rating agency to counter the biases of global giants — AfCRA, an African rating agency to counter the biases of global giants — Image credit: France 24 (Français)

The African continent is about to launch its own credit rating agency. Developed in collaboration with the African Union, AfCRA intends to provide a credit risk assessment tailored to African realities, faced with international agencies regularly accused of excessive severity towards Africa.

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AfCRA, an African rating agency to counter the biases of global giants | RocksNews