A United Nations Development Programme–linked analysis, supported by African business research, suggests that Africa may be losing nearly $75 billion each year due to higher borrowing costs driven by perceived risk, often referred to as the “Africa risk premium.”

Of the continent’s 53 countries, 33 are rated below investment grade, while only two currently hold investment‑grade status. What does this mean for the future of Africa’s credit profile? Channel Africa’s Economics Reporter, Innocent Semosa, has the details.