“Africa is not asking for favourable ratings. We are asking for fair ratings, grounded in our fundamentals and in the reforms our economies are actually carrying out,” says President Bola Tinubu.

The African Union will launch the African Credit Rating Agency (AfCRA) on October 7, 2026, in Mauritius, aiming to boost Africa's financial independence.

.Says it’s right step towards building financial institutions to assess continent’s economies, risks