The launch ceremony of the African Credit Rating Agency authorized by the African Union was held on the 7th in Port Louis, the capital of Mauritius. The agency is headquartered in Port Louis and aims to promote a more accurate understanding and evaluation of African sovereign countries, sub-sovereign entities and enterprises in international financial markets by providing better African credit risk data, expertise and background information, thereby enhancing Africa's voice in global financial governance.

The launch ceremony of the African Credit Rating Agency authorized by the African Union was held on the 7th in Port Louis, the capital of Mauritius. The agency is headquartered in Port Louis and aims to promote a more accurate understanding and evaluation of African sovereign countries, sub-sovereign entities and enterprises in international financial markets by providing better African credit risk data, expertise and background information, thereby enhancing Africa's voice in global financial governance.