- AfCRA aims to end the 'Africa premium' that policymakers say has been imposed by Moody's, S&P Global and Fitch Ratings.
- The new agency is launched by African governments to challenge the global 'big three' rating agencies.
- S&P Global is named as one of the incumbent agencies whose ratings African policymakers seek to counter.
Quotes
“AfCRA aims to end ‘Africa premium’ that policymakers say has been imposed by Moody’s, S&P Global and Fitch Ratings”