Africa-Press – Seychelles. More than a score: AfCRA and the reclaiming of Africa’s credit narrative
With Africa moving to establish its own credit rating agency under the African Peer Review Mechanism, the conversation shifts from scores to context raising fundamental questions about how African risk is assessed, priced, and understood.
In much of the recent news coverage on Africa’s borrowing costs and investor confidence, the issue of sovereign credit ratings surfaced almost casually. The conclusion seemed pre-determined: markets have already made up their minds about Africa. Few questioned it. Credit ratings, after all, are often treated as technical facts, objective, neutral, and beyond challenge.
Gary A. Jupiter
Gary Jupiter Consultancy
Disclaimer:
The views expressed in this article are those of the author and do not necessarily reflect the views of the Seychelles NATION newspaper.
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