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Man in suit discussing finance bill withdrawal.

Lessons for African Nations from Kenya’s Recent CRA Downgrades: Insights by our CEO Daouda Sembene

Recent developments of the Big 3 credit rating agencies; Moody’s Fitch and S&P downgrading Kenya’s...
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East African regional workshop held in Addis Ababa, Ethiopia.

With Africa requiring an additional $1.3 trillion per year to make meaningful progress toward the...
Group of people posing for a photo.

UNDP Africa and AfriCatalyst host regional workshop on enhancing credit ratings for development in Africa

Addis Ababa, 3 August 2024 -- With Africa requiring an additional $1.3 trillion per year...
Cityscape with $100 bills overlayed.

Reforming the Global Financial Architecture for Inclusive Development

Reforming the global financial architecture is not just important for advancing the Sustainable Development Goals...
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East African regional workshop held in Addis Ababa, Ethiopia.

With Africa requiring an additional $1.3 trillion per year to make meaningful progress toward the...
Green road sign with AAA rating arrow.

Why Strengthening sovereign credit ratings is a collective responsibility

Expensive debt threatens to undermine Africa’s development prospects, forcing manygovernments to decide between servicing debt...
IMF letters on stacked coins.

IMF Executive Board Considers External Evaluation of the Independent Evaluation Office

On July 15, the Executive Board of the International Monetary Fund (IMF) discussed the fourth...
Group of people in business attire

UNDP and AfriCatalyst host capacity building workshop in Tanzania to support ongoing efforts to secure fairer credit ratings

Dodoma, Tanzania, 10 July 2024 – With only eight years remaining to meet the 2030 Sustainable...
Moody's logo on a phone screen.

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...
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The Inaugural capacity-building workshop in Dodoma, Tanzania

Dodoma, Tanzania, 10 July 2024 – With only eight years remaining to meet the 2030 Sustainable...
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The Inaugural capacity-building workshop in Dodoma, Tanzania

Dodoma, Tanzania, 10 July 2024 – With only eight years remaining to meet the 2030 Sustainable...
African map with quote on credit ratings.

Making Africa’s credit ratings more objective

In recent decades, the financing for development landscape has changed dramatically, with aid flows declining...

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