Africa’s New Credit Rating Powerhouse Launches | Mauritius News

Mauritius News Today | 2 Min News | The Daily News Now! · Aug 30, 2026 · 1m

Mauritius is set to host Africa’s new credit rating agency, AfCRA, launching October 7th — a bold move to give African economies a voice in how they’re assessed. Tired of global giants like Moody’s and S&P misreading Africa’s potential, AfCRA will offer ratings rooted in local realities, working alongside — not replacing — international agencies. This isn’t just about pride; it’s about unlocking capital, boosting regional markets, and empowering Africa to fund its own growth. For Mauritius, it’s a major win: reinforcing its status as a financial hub while drawing global talent and investment…