Does Africa needs its own credit rating agencies?

Does Africa Need Its Own Credit Rating Agencies?

African countries have long relied on the “Big Three” global agencies (Standard & Poor’s, Moody’s and Fitch) to signal their creditworthiness. These firms use familiar letter grades (AAA down to C) to gauge default risk, and investors treat them as a convenient shorthand for safety or peril. In Africa today 33 countries have sovereign ratings […]

fintech apps in nigeria

How many more Fintech apps do Nigerians need?

Nigeria’s startup pitchmen love to tout “financial inclusion” as the holy grail. They claim that if only more people had slick new fintech apps, all would be well. It’s a convenient narrative – and a deceptive one. The truth is that Nigeria already has more than enough fintech platforms for payments, banking, and lending. Mobile […]

Africa’s Infrastructure Boom and Its Discontents

Just beyond the southern edge of Nairobi, a new railway viaduct rises above the scrubby plains and scattered homes—its smooth concrete columns carving a sharp line across the horizon. Trains now glide over terrain once crossed by matatus and livestock, part of a national project to remake the country’s transport network. The Standard Gauge Railway, […]