Posts by AfriCatalyst
A fairer credit rating system for African countries could save billions
Subjectivity and bias in African credit ratings costs countries up to $24 billion in interest and over $46 billion in foregone lending. Host Landry Signé is joined by Raymond Gilpin…
Read MoreMaking Africa’s credit ratings more objective
In recent decades, the financing for development landscape has changed dramatically, with aid flows declining relative to investment and borrowing on capital markets. This makes the cost of borrowing critical.…
Read MoreUN says dubious credit ratings from Big 3 cost Africa $75bn a year
During the margins of the IMF/World Bank Spring Meetings ,Africatalyst, United Nations Development Programme (UNDP) and the Brooking Institution held an event centered on a UNDP report that purports to…
Read More