03
Sep
UNDP Africa and AfriCatalyst Hold Regional Workshop to Enhance Credit Ratings for Development in Africa Africa requires an additional $1.3 trillion annually to make significant strides toward the Sustainable Development Goals (SDGs), making innovative financing strategies and improved access to international capital markets essential. Recent downgrades by the Big Three credit rating agencies—Moody’s, S&P, and Fitch Ratings—have underscored the pressing need for many African nations to address fiscal challenges and secure sustainable development financing. In response, nearly 50 stakeholders and key government officials from Ethiopia, Tanzania, Kenya, Uganda, and the United Nations Economic Commission for Africa (UNECA) are gathering in…