Rating Agencies

Nine people in formal dress, most of them applauding, stand on a stage beneath a blue backdrop reading “AfCRA, Africa Credit Rating Agency”.

AU-backed rating agency seeks $15mn for two-thirds of itself

AfCRA's only shareholder is run by its interim chief executive, and its prospectus implies a $22.5mn value for the agency

Port Louis at dusk from a hillside, with the lit harbour and waterfront at left and the city's towers and housing at right

African Credit Rating Agency

Africa’s new rating agency is aimed at $3.5tn of capital without ratings

Most African savings sit in short-term treasury bills, and a researcher argues the new Africa Credit Rating Agency could widen credit information for long-term finance

Various currency notes of African countries are seen in this photo

African Credit Rating Agency

Mauritius to host Africa’s own credit rating agency

Ratings influence who lends to African governments and at what price, and the Africa Credit Rating Agency is the continent's bid to build its own assessments

Moody’s maintains Uganda’s credit rating

Moody’s Investors Service maintained its appraisal of Uganda's debt, citing its favourable medium-term economic prospects supported by an increase in infrastructure investment

The offices of the Ministry of Finance in Kampala.

Moody’s downgrades Uganda’s credit rating, outlook stable

Ratings agency Moody's has cut Uganda's long-term issuer bond rating by one notch to B2 from B1, but changed the outlook from 'negative' to 'stable.' Moody's said the key driver of its downgrade is Uganda's "sustained erosion of fiscal strength."

AU-backed rating agency seeks $15mn for two-thirds of itself

Africa’s new rating agency is aimed at $3.5tn of capital without ratings

Mauritius to host Africa’s own credit rating agency

Moody’s maintains Uganda’s credit rating

Moody’s downgrades Uganda’s credit rating, outlook stable

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