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President William Ruto has thrown his weight behind the establishment of the African Credit Rating Agency (AFCRA) to challenge global rating agencies accused of inflating borrowing costs for African nations.<\/em><\/p>\n Speaking at a High-Level Presidential Breakfast Dialogue on the Establishment of the Africa Credit Rating Agency in Addis Ababa, Ethiopia, Ruto criticized Western-affiliated rating agencies for their negative portrayal of Africa’s risk factors.<\/p>\n He argued that these assessments have effectively…<\/p>\n<\/div>\n Read more on AllAfrica.com<\/a> President William Ruto has thrown his weight behind the establishment of the African Credit Rating Agency (AFCRA) to challenge global rating agencies accused of inflating borrowing costs for African nations. Speaking at a High-Level Presidential Breakfast Dialogue on the Establishment of the Africa Credit Rating Agency in Addis Ababa, Ethiopia, Ruto criticized Western-affiliated rating agencies […]<\/p>\n","protected":false},"author":9,"featured_media":191464,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[250],"tags":[258,256,4380,5981,7102,15125,16876,9624,6212,4688,430,257,2428,24585,11238,254],"class_list":["post-191463","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kenya","tag-africa","tag-africa-news","tag-african","tag-agency","tag-backs","tag-biased","tag-counter","tag-credit","tag-global","tag-kenya","tag-kenya-news","tag-news","tag-rating","tag-ratings","tag-ruto","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/191463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=191463"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/191463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/191464"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=191463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=191463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=191463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 East Africa Kenya<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"