✉news BusinessFinance first seen 3 h ago, last 1 h ago, peak #25
Africa's new credit agency: why it's needed
Original: Africa’s new credit agency: why it’s needed
Africa is setting up its own credit rating agency, a move aimed at addressing concerns that international agencies assess African economies too harshly and raise borrowing costs for governments on the continent. Backers argue a homegrown agency would offer fairer, better-informed assessments of African risk, easing debt pressures and giving countries more affordable access to capital markets.
Why now: Interest in Africa's high borrowing costs and dependence on foreign credit ratings has renewed attention on the proposal for a continental rating agency.
Rank over time, top of the chart is #1. 2 snapshots from 3 h ago to 1 h ago.
Evidence
- Africa’s new credit agency: why it’s needed · theconversation.com
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