3 days ago
African Ratings Agency Prepares to Take On ‘Big Three' This Year
The African Credit Rating Agency, a continental initiative to provide alternative assessments of repayment risks, plans to start operations by the end of September.
The agency will publish its first sovereign rating report by the end of the year or early 2026, said Misheck Mutize, lead expert on credit-rating companies at the African Peer Review Mechanism, an African Union structure. It will appoint a chief executive officer in the third quarter, and candidates have already been shortlisted, he said last week.
