https:\/\/www.theafricareport.com\/302157\/un-says-dubious-credit-ratings-from-big-3-cost-africa-75bn-a-year\/<\/a><\/p>\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"
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…<\/p>\n","protected":false},"author":1,"featured_media":971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":"","_tec_slr_enabled":"","_tec_slr_layout":""},"categories":[11,26],"tags":[],"ppma_author":[98,104,102,118],"class_list":["post-970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-en","category-news"],"yoast_head":"\n
UN says dubious credit ratings from Big 3 cost Africa $75bn a year - Development Advisory for Africa | AfriCatalyst<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UN says dubious credit ratings from Big 3 cost Africa $75bn a year - Development Advisory for Africa | AfriCatalyst\" \/>\n<meta property=\"og:description\" content=\"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…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/africatalyst.com\/credit-ratings\/?p=970\" \/>\n<meta property=\"og:site_name\" content=\"Development Advisory for Africa | AfriCatalyst\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfriCatalyst1\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/AfriCatalyst1\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-05T09:18:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-04T13:12:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"737\" \/>\n\t<meta property=\"og:image:height\" content=\"447\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"AfriCatalyst, Brookings, United Nations Development Programme (UNDP), The Africa Report\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AfriCatalyst\" \/>\n<meta name=\"twitter:site\" content=\"@_AfriCatalyst\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"AfriCatalyst\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#article\",\"isPartOf\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970\"},\"author\":{\"name\":\"AfriCatalyst\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/person\/0eea647ec02e5920aa561a7b527342f4\"},\"headline\":\"UN says dubious credit ratings from Big 3 cost Africa $75bn a year\",\"datePublished\":\"2023-12-05T09:18:06+00:00\",\"dateModified\":\"2025-06-04T13:12:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970\"},\"wordCount\":70,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#organization\"},\"image\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage\"},\"thumbnailUrl\":\"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg\",\"articleSection\":[\"En\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970\",\"url\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970\",\"name\":\"UN says dubious credit ratings from Big 3 cost Africa $75bn a year - Development Advisory for Africa | AfriCatalyst\",\"isPartOf\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage\"},\"image\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage\"},\"thumbnailUrl\":\"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg\",\"datePublished\":\"2023-12-05T09:18:06+00:00\",\"dateModified\":\"2025-06-04T13:12:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/africatalyst.com\/credit-ratings\/?p=970\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage\",\"url\":\"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg\",\"contentUrl\":\"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg\",\"width\":737,\"height\":447,\"caption\":\"Modern skyscrapers rise towards a clear sky in an urban setting, with the fitch ratings logo displayed on one building's facade.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/?p=970#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/africatalyst.com\/credit-ratings\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UN says dubious credit ratings from Big 3 cost Africa $75bn a year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#website\",\"url\":\"https:\/\/africatalyst.com\/credit-ratings\/\",\"name\":\"Development Advisory for Africa | AfriCatalyst\",\"description\":\"We address a variety of domestic and global issues on which our advisors have accumulated a lot of experience and expertise \u2013 find out more about our work today.\",\"publisher\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/africatalyst.com\/credit-ratings\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#organization\",\"name\":\"Development Advisory for Africa | AfriCatalyst\",\"url\":\"https:\/\/africatalyst.com\/credit-ratings\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/08\/Africatalyst-LOGO-Final-2.png\",\"contentUrl\":\"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/08\/Africatalyst-LOGO-Final-2.png\",\"width\":1000,\"height\":130,\"caption\":\"Development Advisory for Africa | AfriCatalyst\"},\"image\":{\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/AfriCatalyst1\",\"https:\/\/x.com\/_AfriCatalyst\",\"https:\/\/www.linkedin.com\/company\/AfriCatalystsasu\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/person\/0eea647ec02e5920aa561a7b527342f4\",\"name\":\"AfriCatalyst\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/person\/image\/f1ea0aece8e1b9d78738190652acfc6e\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c2008b97518b06bdf18ced77d2e2f13d81a05a2a880af4ed13ea2a2d6826d9be?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c2008b97518b06bdf18ced77d2e2f13d81a05a2a880af4ed13ea2a2d6826d9be?s=96&d=mm&r=g\",\"caption\":\"AfriCatalyst\"},\"sameAs\":[\"https:\/\/africatalyst.com\/credit-ratings\",\"https:\/\/www.facebook.com\/AfriCatalyst1\",\"https:\/\/www.instagram.com\/afri_catalyst\/\",\"https:\/\/www.linkedin.com\/company\/AfriCatalystsasu\",\"https:\/\/x.com\/AfriCatalyst\",\"https:\/\/www.youtube.com\/@AfriCatalystconsulting\"],\"url\":\"https:\/\/africatalyst.com\/credit-ratings\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UN says dubious credit ratings from Big 3 cost Africa $75bn a year - Development Advisory for Africa | AfriCatalyst","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"UN says dubious credit ratings from Big 3 cost Africa $75bn a year - Development Advisory for Africa | AfriCatalyst","og_description":"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…","og_url":"https:\/\/africatalyst.com\/credit-ratings\/?p=970","og_site_name":"Development Advisory for Africa | AfriCatalyst","article_publisher":"https:\/\/www.facebook.com\/AfriCatalyst1","article_author":"https:\/\/www.facebook.com\/AfriCatalyst1","article_published_time":"2023-12-05T09:18:06+00:00","article_modified_time":"2025-06-04T13:12:01+00:00","og_image":[{"width":737,"height":447,"url":"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg","type":"image\/jpeg"}],"author":"AfriCatalyst, Brookings, United Nations Development Programme (UNDP), The Africa Report","twitter_card":"summary_large_image","twitter_creator":"@AfriCatalyst","twitter_site":"@_AfriCatalyst","twitter_misc":{"Written by":"AfriCatalyst","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970#article","isPartOf":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970"},"author":{"name":"AfriCatalyst","@id":"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/person\/0eea647ec02e5920aa561a7b527342f4"},"headline":"UN says dubious credit ratings from Big 3 cost Africa $75bn a year","datePublished":"2023-12-05T09:18:06+00:00","dateModified":"2025-06-04T13:12:01+00:00","mainEntityOfPage":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970"},"wordCount":70,"commentCount":0,"publisher":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/#organization"},"image":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage"},"thumbnailUrl":"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg","articleSection":["En","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/africatalyst.com\/credit-ratings\/?p=970#respond"]}]},{"@type":"WebPage","@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970","url":"https:\/\/africatalyst.com\/credit-ratings\/?p=970","name":"UN says dubious credit ratings from Big 3 cost Africa $75bn a year - Development Advisory for Africa | AfriCatalyst","isPartOf":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/#website"},"primaryImageOfPage":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage"},"image":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage"},"thumbnailUrl":"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg","datePublished":"2023-12-05T09:18:06+00:00","dateModified":"2025-06-04T13:12:01+00:00","breadcrumb":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/africatalyst.com\/credit-ratings\/?p=970"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970#primaryimage","url":"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg","contentUrl":"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/12\/gra-gra.jpg","width":737,"height":447,"caption":"Modern skyscrapers rise towards a clear sky in an urban setting, with the fitch ratings logo displayed on one building's facade."},{"@type":"BreadcrumbList","@id":"https:\/\/africatalyst.com\/credit-ratings\/?p=970#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/africatalyst.com\/credit-ratings\/"},{"@type":"ListItem","position":2,"name":"UN says dubious credit ratings from Big 3 cost Africa $75bn a year"}]},{"@type":"WebSite","@id":"https:\/\/africatalyst.com\/credit-ratings\/#website","url":"https:\/\/africatalyst.com\/credit-ratings\/","name":"Development Advisory for Africa | AfriCatalyst","description":"We address a variety of domestic and global issues on which our advisors have accumulated a lot of experience and expertise \u2013 find out more about our work today.","publisher":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/africatalyst.com\/credit-ratings\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/africatalyst.com\/credit-ratings\/#organization","name":"Development Advisory for Africa | AfriCatalyst","url":"https:\/\/africatalyst.com\/credit-ratings\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/logo\/image\/","url":"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/08\/Africatalyst-LOGO-Final-2.png","contentUrl":"https:\/\/africatalyst.com\/credit-ratings\/wp-content\/uploads\/2023\/08\/Africatalyst-LOGO-Final-2.png","width":1000,"height":130,"caption":"Development Advisory for Africa | AfriCatalyst"},"image":{"@id":"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/AfriCatalyst1","https:\/\/x.com\/_AfriCatalyst","https:\/\/www.linkedin.com\/company\/AfriCatalystsasu"]},{"@type":"Person","@id":"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/person\/0eea647ec02e5920aa561a7b527342f4","name":"AfriCatalyst","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/africatalyst.com\/credit-ratings\/#\/schema\/person\/image\/f1ea0aece8e1b9d78738190652acfc6e","url":"https:\/\/secure.gravatar.com\/avatar\/c2008b97518b06bdf18ced77d2e2f13d81a05a2a880af4ed13ea2a2d6826d9be?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c2008b97518b06bdf18ced77d2e2f13d81a05a2a880af4ed13ea2a2d6826d9be?s=96&d=mm&r=g","caption":"AfriCatalyst"},"sameAs":["https:\/\/africatalyst.com\/credit-ratings","https:\/\/www.facebook.com\/AfriCatalyst1","https:\/\/www.instagram.com\/afri_catalyst\/","https:\/\/www.linkedin.com\/company\/AfriCatalystsasu","https:\/\/x.com\/AfriCatalyst","https:\/\/www.youtube.com\/@AfriCatalystconsulting"],"url":"https:\/\/africatalyst.com\/credit-ratings\/?author=1"}]}},"authors":[{"term_id":98,"user_id":1,"is_guest":0,"slug":"pwsadmin","display_name":"AfriCatalyst","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/c2008b97518b06bdf18ced77d2e2f13d81a05a2a880af4ed13ea2a2d6826d9be?s=96&d=mm&r=g","author_category":"","first_name":"","last_name":"","user_url":"https:\/\/africatalyst.com\/credit-ratings","job_title":"","description":""},{"term_id":104,"user_id":16,"is_guest":0,"slug":"brookings","display_name":"Brookings","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/a865b6e17417e00a285160a02f0f6a34a092b7f346f9fd208e1b5086bf46e4be?s=96&d=mm&r=g","author_category":"","first_name":"","last_name":"","user_url":"","job_title":"","description":""},{"term_id":102,"user_id":14,"is_guest":0,"slug":"united-nations-development-programme-undp","display_name":"United Nations Development Programme (UNDP)","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d04c362e00162f5275ac2c25363c0dada0f31c2626f1604cc9b25437e9f52cef?s=96&d=mm&r=g","author_category":"","first_name":"","last_name":"","user_url":"","job_title":"","description":""},{"term_id":118,"user_id":30,"is_guest":0,"slug":"the-africa-report","display_name":"The Africa Report","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","author_category":"","first_name":"","last_name":"","user_url":"","job_title":"","description":""}],"ticketed":false,"_links":{"self":[{"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=\/wp\/v2\/posts\/970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=970"}],"version-history":[{"count":5,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=\/wp\/v2\/posts\/970\/revisions"}],"predecessor-version":[{"id":2203,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=\/wp\/v2\/posts\/970\/revisions\/2203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=\/wp\/v2\/media\/971"}],"wp:attachment":[{"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=970"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/africatalyst.com\/credit-ratings\/index.php?rest_route=%2Fwp%2Fv2%2Fppma_author&post=970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}