UNDP, UN ECA and African Peer Review Mechanism welcome African credit ratings upgrades

The UN Development Programme (UNDP), the UN Economic Commission for Africa (ECA) and the African Peer Review Mechanism (APRM) have jointly welcomed recent upgrades of a number of African countries’ credit ratings by the global major ratings agencies. The UNDP, ECA and APRM are working together, under the leadership of the UNDP, on the Africa Credit Ratings Initiative (ACRI), to help African countries understand and appreciate credit ratings methodologies and systems, providing ...