you are currently viewing::African Credit Rating Agency to Launch September 2025June 16, 2025--The African Credit Rating Agency (AfCRA), a new privately owned credit rating body, is set to begin operations by September 2025
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. Source: allafrica.com |
October 22, 2025-Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of the Absa Africa Financial Markets Index (AFMI), now in its ninth year. However, 10 out of 29 countries increased their overall scores, a slowdown from 2024 when 23 countries increased their scores.
October 21, 2025-The Congo Basin, home to the world's second-largest tropical rainforest, holds immense value for not only the six countries it spans, but for the planet. A new World Bank report reveals the region's forests are not only essential for climate stability and biodiversity, but also a foundation for economic resilience.
October 16, 2025-South Africa is positioning itself as the continent's digital and investment powerhouse, using its economic resilience and advanced infrastructure to attract global capital and drive Africa's growth story.
August 24, 2025--Nigeria has emerged as the largest stablecoin market in Africa, with nearly $22 billion in transactions recorded between July 2023 and June 2024.
August 18, 2025--Key Takeaways
Battery Energy Storage Systems store electricity to stabilize the power grid and provide backup power.
outh Africa dominates Africa's planned battery storage capacity.
The Battery Energy Storage System (BESS) market is currently the fastest growing segment of global battery demand, with y-o-y growth of 53% in 2024, according to Rho Motion's BESS database.