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Why Strengthening sovereign credit ratings is a collective responsibility
Expensive debt threatens to undermine Africa’s development prospects, forcing many
governments to decide between servicing debt and investing in their people. Global
credit ratings agencies influence the cost of borrowing by determining how risk is
priced. Unfortunately for most African countries, this determines not only who gets
credit but also how much and at what cost.
https://africatalyst.com/credit-ratings/wp-content/uploads/2024/07/024EAK0607.pdf
