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How can African countries navigate credit ratings processes-In conversation with Raymond Gilpin
With Africa requiring an additional $1.3 trillion per year to make meaningful progress toward the Sustainable Development Goals, the need…
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 ratings in the past two…
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 Sustainable Development Goals, the need…
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 to make meaningful progress toward…
Reforming the Global Financial Architecture for Inclusive Development
Reforming the global financial architecture is not just important for advancing the Sustainable Development Goals (SDGs) and narrowing the economic…
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 and investing in their people.…
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 External Evaluation of the Independent…
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 Development Goals deadline, African countries…
Making IDA21 Work for Africa
A successful replenishment of IDA requires individual and collective efforts from the World Bank Group, donors and borrowing countries, and…
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 and over $46 billion in…
The Inaugural capacity-building workshop in Dodoma, Tanzania
Dodoma, Tanzania, 10 July 2024 – With only eight years remaining to meet the 2030 Sustainable Development Goals deadline, African countries…
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…