The African Union is set to launch a new Africa-focused credit rating agency in Mauritius this week.

The Africa Credit Rating Agency is expected to provide independent assessments of African governments, businesses and institutions, as the continent seeks to address concerns over the cost and availability of financing. 

Our economics reporter Innocent Semosa reports.

The African Union is set to launch a new Africa-focused credit rating agency in Mauritius this week.
The Africa Credit Rating Agency is expected to provide independent assessments of African governments, businesses and institutions, as the continent seeks to address concerns over the cost and availability of financing.&nbsp;
Our economics reporter Innocent Semosa reports.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

African Union launches credit rating agency in Mauritius

Kenya is hosting the Africa Commerce and Industry Summit 2026 in Nairobi from October 14 to 16. The event has brought together business leaders, investors, and policymakers from across Africa to enhance trade and investment.

The summit will focus on the opportunities presented by the African Continental Free Trade Area (AfCFTA), which aims to establish a unified African market for goods and services and promote intra-African trade. Organizers anticipate the participation of over 5,000 delegates from more than 50 countries, in addition to over 350 exhibitors and numerous chamber representatives.

The President of the South African Chamber of Commerce and Industry (SACCI), Mtho Xulu, is attending the summit and spoke to Thami Ngubeni to talk about some of the objectives of the conference.

Kenya is hosting the Africa Commerce and Industry Summit 2026 in Nairobi from October 14 to 16. The event has brought together business leaders, investors, and policymakers from across Africa to enhance trade and investment.
The summit will focus on the opportunities presented by the African Continental Free Trade Area (AfCFTA), which aims to establish a unified African market for goods and services and promote intra-African trade. Organizers anticipate the participation of over 5,000 delegates from more than 50 countries, in addition to over 350 exhibitors and numerous chamber representatives.
The President of the South African Chamber of Commerce and Industry (SACCI), Mtho Xulu, is attending the summit and spoke to Thami Ngubeni to talk about some of the objectives of the conference.

Kenya is hosting the Africa Commerce and Industry Summit 2026 

In today's market segment, we examine Africa's energy sector. With global initiatives such as the World Bank and African Development Bank's Mission 300 aiming to address Africa's electricity gap, decentralized energy is anticipated to play a significant role in improving access to power and fostering sustainable economic growth throughout the continent. We discuss Standard Bank's contribution to the decentralized energy ecosystem through innovative financing structures, risk-sharing partnerships, and local currency funding solutions. Additionally, we will explore how energy access is evolving beyond simple electrification to act as a catalyst for economic productivity, enabling farmers, small and medium-sized enterprises, manufacturers, and communities to stimulate growth, create jobs, and enhance Africa's long-term development prospects. Joining us for this discussion, Thami Ngubeni spoke to  Brian Tahinduka, Executive Head of Energy, Infrastructure & Mining for Business & Commercial Banking (Africa Regions & Offshore), Standard Bank Group.

In today's market segment, we examine Africa's energy sector. With global initiatives such as the World Bank and African Development Bank's Mission 300 aiming to address Africa's electricity gap, decentralized energy is anticipated to play a significant role in improving access to power and fostering sustainable economic growth throughout the continent. We discuss Standard Bank's contribution to the decentralized energy ecosystem through innovative financing structures, risk-sharing partnerships, and local currency funding solutions. Additionally, we will explore how energy access is evolving beyond simple electrification to act as a catalyst for economic productivity, enabling farmers, small and medium-sized enterprises, manufacturers, and communities to stimulate growth, create jobs, and enhance Africa's long-term development prospects. Joining us for this discussion, Thami Ngubeni spoke to&nbsp; Brian Tahinduka, Executive Head of Energy, Infrastructure &amp; Mining for Business &amp; Commercial Banking (Africa Regions &amp; Offshore), Standard Bank Group.

World Bank and African Development Bank's Mission 300 aiming to address Africa's electricity gap

The Big 5 Construct Kenya is returning for the ninth edition to Sarit Expo Centre in the capital Nairobi. Those in the sector say that the country's construction sector continues to see activity across a substantial project pipeline, valued at $26 billion. The event which runs from the 21st – 23rd of October, brings together more than 150 exhibitors from over 25 countries. To talk about what to expect this time around, Thami Ngubeni spoke Josine Heijmans, Senior Vice President of dmg events

The Big 5 Construct Kenya is returning for the ninth edition to Sarit Expo Centre in the capital Nairobi. Those in the sector say that the country's construction sector continues to see activity across a substantial project pipeline, valued at $26 billion. The event which runs from the 21st &ndash; 23rd of October, brings together more than 150 exhibitors from over 25 countries. To talk about what to expect this time around, Thami Ngubeni spoke Josine Heijmans, Senior Vice President of dmg events

African Union launches credit rating agency in Mauritius

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