President Bola Tinubu on Thursday welcomed the African Union’s announcement that the African Credit Rating Agency will officially launch on 7 October 2026.
The President described the launch as another step toward building financial institutions that understand African economies and can assess risks properly.
“In February, I made the case in the Financial Times for an African credit rating agency. In May, at the Africa CEO Forum in Kigali, I spoke again about the need for Africa to build financial institutions that understand our economies and can assess our risks properly. AfCRA is another step towards that goal,” Tinubu said.
