Major move for African financial sovereignty: The AU just launched the Africa Credit Rating Agency (AfCRA).
Designed to tackle market gaps and unjustified sovereign risk premiums, it could be a game-changer for fairer borrowing rates - if it fulfils its promise.
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AU Commission Chairperson Helps Officially Launch Africa Credit Rating Agency (AfCRA)
AU Commission Chairperson Helps Officially Launch Africa Credit Rating Agency (AfCRA)