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Tag: African Peer Review Mechanism

Africa Business World 

APRM condemns latest downgrade of Mauritius by credit rating agency Moody’s

Elwin Mandowa, , , , , , ,
– – The African Peer Review Mechanism (APRM), which is an organ of the African Union (AU) that supports African countries in the area of credit ratings, has condemned latest downgrade of Mauritius by credit rating agency Moody’s. In a statement APRM said it has “noted with concern the unsolicited rating action by Moody’s that resulted in the downgrade of… Read More
Africa Business Featured World 

Why the AU is pushing for an African credit rating agency

Elwin Mandowa, , , , , , , ,
– – There is an urge and surge from the African Peer Review Mechanism (APRM), an organization under the African Union to work towards establishing an African-owned credit rating agency by the end of this year. The need for such African Credit Rating Agency followed complaints from some African countries that credit rating agencies from the West aren’t being fair… Read More