Tag: African Union
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African Union to launch regional credit rating agency in 2024
The African Union (AU) has announced plans to establish a new African credit rating agency in 2024. This initiative aims to address the AU’s concerns regarding what it perceives as biased assessments of countries on the continent by major global rating agencies, namely Moody’s, Fitch, and S&P Global Ratings. Misheck Mutize, the lead expert for…
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AfroChampions recommends virtual summit among African Trade Ministers over AfCTA implementation
Policy and advocacy think tank, AfroChampions, is urging African Trade Ministers to convene a virtual summit under the aegis of the African Union to keep on track the operation of the African Continental Free Trade Area (AfCFTA) amidst the Coronavirus pandemic. According to the policy group, this high-level meeting would be an opportunity to discuss…