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Kenya: Ruto Backs African Credit Rating Agency to Counter Biased Global Ratings

Source link : https://www.afric.info/2025/02/14/news/kenya-ruto-backs-african-credit-rating-agency-to-counter-biased-global-ratings/

President William Ruto has thrown his weight behind the establishment of the African Credit Rating Agency (AFCRA) to challenge global rating agencies accused of inflating borrowing costs for African nations. Speaking at a High-Level Presidential Breakfast Dialogue on the Establishment of the Africa Credit Rating Agency in Addis Ababa, Ethiopia, Ruto criticized Western-affiliated rating agencies […]

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Author : AFRICA-NEWS

Publish date : 2025-02-14 12:05:00

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