Africa Sovereign Credit Rating Review

This 4th edition of the African Union - African Peer Review Mechanism (AU-APRM) end of year bi-annual sovereign credit rating review report presents an analysis of the longterm foreign currency sovereign credit rating actions in Africa by three dominant international credit rating agencies –Moody’s, Fitch and S&P Global – during the second half of 2021 (2021H2) and makes recommendations to African countries on how to improve their ratings.