First Independent Mena Newspaper
African sovereigns raised more than $14 billion on international markets in the first half of 2026, but a large share of these loans went toward budget financing, debt repayments and liability management rather than productive investment, according to the 13th edition of the Africa Sovereign Credit Rating Review. Five countries (Cabo Verde, Ghana, Kenya, Nigeria […]
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on track to be launched in 2025, according to a senior AU official. Speaking with reporters in Accra, the AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Albert Muchanga, […]