African Union plans to launch its own credit ratings agency

FINANCIAL SERVICES African Union plans to launch its own credit ratings agency Kenya shilling coins and notes are pictured inside a cashier’s booth at a forex exchange bureau in Kenya’s capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya Reuters Images The agency, which would craft its own assessment of the risks in lending to African countries Libby George, Reuters News September 12, 2023 ECONOMYAFRICAFINANCIAL SERVICES The African Union plans to launch a new African credit rating agency next year to address the group’s concerns that ratings given to countries on the continent…