| African Credit Rating Agency to Launch September 2025
June 16, 2025--The African Credit Rating Agency (AfCRA), a new privately owned credit rating body, is set to begin operations by September 2025
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| The launch was originally planned for June 2025 during an African Peer Review Mechanism (APRM) summit, but delays pushed the timeline
The African Credit Rating Agency (AfCRA), a new privately owned credit rating body, is set to begin operations by September 2025, aiming to deliver Africa-focused credit assessments for sovereigns, financial institutions, and corporations. The agency is backed by private sector stakeholders across Africa, not governments, to ensure independence and credibility. |