AU Rolls Out Africa Credit Rating Agency in Mauritius, Elevating Continent’s Global Financial Standing
15:29 07.10.2026 (Updated: 15:44 07.10.2026)

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AU Rolls Out Africa Credit Rating Agency in Mauritius, Elevating Continent’s Global Financial Standing
The initiative aims to enhance African economies' credibility through reliable data and analysis, boosting investor confidence, the African Union said in statement following a meeting between AU Chairperson Mahmoud Ali Youssouf and Mauritius' Acting President Jean Yvan Robert Hungley in Port Louis.
The agency will help African countries mobilize resources to advance the Agenda 2063 for further sustainable development, the AU chief noted.
"The African Union welcomes this milestone as an expression of Africa's determination to strengthen its institutions and contribute with greater confidence to the global financial system," he emphasized.
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