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African Union launches continent's first credit rating agency The African Union launched the continent's first credit rating agency on Wednesday, seeking to provide an alternative to the "big three" global ratings agencies as debt burdens weigh on many African economies. The Africa Credit Rating Agency (AfCRA) — the creation of which African leaders endorsed in 2018 — was launched at a ceremony attended by African officials in Port Louis, the capital of Mauritius, where it will be based. UK, Germany to launch partnership to counter cyberattacks as Burnham visits Berlin Anger mounts in Spain as woman whose eviction ignited housing protests dies Houthis claim new attack on Riyadh airport as fighting continues in Yemen Christa Pike 'angry and confused' after Tennessee's failed execution effort France to release 10m barrels of diesel in bid to curb rising prices © 2026 Copyright France 24 - All rights reserved.
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