The African Union creates the first continental 'rating' agency to counter the bias that ensures it increases its loans

The objective of the African Credit Qualification Agency (AFCRA) is to provide alternative assessments to those of the 'Big Three' that control 95% of the global market, which they accuse of overestimating the real risk of the continent.

Published on RocksNews

8 Oct 2026, 05:02 UTC

Updated

8 Oct 2026, 05:11 UTC

Language

English (Original language: Spanish)