The African Credit Rating Agency was officially established in Mauritius.

The launch ceremony of the African Credit Rating Agency, established under the authorization of the African Union, was held on the 7th in Port Louis, the capital of Mauritius. The agency is headquartered in Port Louis and aims to promote a more accurate understanding and assessment of African sovereign states, sub-sovereign entities, and enterprises by international financial markets through the provision of higher-quality African credit risk data, expertise, and contextual information, thereby enhancing Africa's voice in global financial governance.