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Making 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. African countries face some of the highest borrowing costs in the world for sovereign debt, partly due to low credit ratings. Only two African economies are currently rated at investment-grade levels, implying high interest rates and low borrowing volumes for the continent.

RECENT POSTS

Our CEO Daouda Sembene’s contribution on the Financing for development panel: What next at #ECONFEST2023 in Marrakesh

Africa’s Development Dilemma: Why Public-Private Partnerships Aren’t Meeting Expectations

Why is Africa’s seat at the G20 important?