The African Union is set to launch a new credit rating agency focused on Africa, at a ceremony in Mauritius this week. The Africa Credit Rating Agency is expected to provide independent assessments of governments, businesses and institutions across the continent. The move comes as African countries seek to address concerns over the high cost and limited availability of financing. Our economics reporter, Innocent Semosa, reports.

<p>The African Union is set to launch a new credit rating agency focused on Africa, at a ceremony in Mauritius this week. The Africa Credit Rating Agency is expected to provide independent assessments of governments, businesses and institutions across the continent. The move comes as African countries seek to address concerns over the high cost and limited availability of financing. Our economics reporter, Innocent Semosa, reports.</p>