African Credit Rating Agency Officially Launched in Mauritius

The launch ceremony for the African credit rating agency, established under the authorization of the African Union (AU), was held on the 7th in Port Louis, the capital of Mauritius. Headquartered in Port Louis, the agency aims to promote a more accurate understanding and assessment of African sovereign nations, sub-sovereign entities, and enterprises in international financial markets by providing higher-quality data on African credit risks, expertise, and contextual information, thereby enhancing Africa's voice in global financial governance. (Xinhua)