A credit ratings company being established to meet the unique needs of Africa’s sovereign borrowers is set to be ready by next year, an African Union official said Saturday.
The institution won’t be owned by the regional bloc, Albert Muchanga, its commissioner for development, trade, tourism, industry and minerals, told reporters in Ghana’s capital, Accra. It’d be independent and professional, he said.
Source link : https://www.bloomberg.com/news/articles/2024-07-20/ratings-company-to-serve-africa-set-to-be-ready-by-next-year
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Publish date : 2024-07-20 18:05:22
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