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Rating the rating agenices in Africa

  • Topics on: Economics & Policy, Financial Institutions, Financial Reform, Globalization, Governance
  • Debt and Global Finance
A new African Union-backed service aims to challenge the 'big three'.

Joseph StiglitzJoseph Stiglitz

UN Photo Image
  • 08/06/2025
  • Financial Times

The recent Jubilee Report on global sovereign debt, chaired by famed economist Joseph Stiglitz, was a sobering read. Over 750mn people in Africa, it said, live in countries that spend more on debt servicing than on education or healthcare.

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