Blog
Day 1 Highlights: National Workshop on Sovereign Credit Ratings in Kenya
🌍 This week in Mombasa, we are proud to co-host the National Workshop on Sovereign Credit Ratings alongside the Government of Kenya, UNDP, UNECA, ACET, and APRM
The three-day workshop brings together policymakers, regulators, private sector leaders, and development experts to strengthen Kenya’s capacity to engage with credit rating agencies and reduce borrowing costs.
Hon. John Mbadi, Cabinet Secretary for the National Treasury and Economic Planning, highlighted the critical role of credit ratings in shaping development finance, noting that “a stronger sovereign rating lowers a country’s perceived risk profile and expands access to affordable finance.” T
his workshop builds on the Africa Credit Ratings Initiative, a joint effort between AfriCatalyst and UNDP, supporting African countries in improving creditworthiness and accessing affordable finance for sustainable development.
At AfriCatalyst, we remain committed to advancing Africa’s development agenda through stronger financial systems and fairer credit rating practices.