African Union launches homegrown credit rating agency to challenge Moody’s, S&P and Fitch
The Africa Credit Rating Agency (AfCRA) will be launched in Port Louis, Mauritius, where it will be headquartered. The project has been nearly a decade in the making, with the African Union pushing since 2017 to establish a homegrown alternative to the major international rating agencies
AfDB joins Berne Union, boosting global push for Africa investment finance | Business
The African Development Bank Group has taken part in the 2026 Berne Union Spring Meeting in Astana, Kazakhstan, marking its formal entry as the first multilateral development institution to become a full member of the global export credit and investment insurance association