Development Finance Needs More Than One Currency
https://www.project-syndicate.org/commentary/chinese-renminbi-lending-developing-countries-by-justin-yifu-lin-and-yan-wang-2026-10
For many developing countries, renminbi-denominated loans offer a credible, increasingly accessible, and cost-effective alternative to borrowing in dollars. Now that the stability and predictability of US economic policies and institutions are in question, the Chinese currency is becoming more attractive.
Rating Africa on Its Own Terms
https://www.project-syndicate.org/commentary/new-africa-credit-rating-agency-could-mark-turning-point-for-the-continent-by-hannah-wanjie-ryder-2026-10
For decades, African countries' borrowing costs have been largely determined by major credit-rating agencies whose methods overlook key features of these economies' institutions and markets. The new Africa Credit Rating Agency could mark a turning point, challenging how the continent’s credit risk is graded and priced.
African governments launch rating agency to challenge global ‘big three’
https://www.ft.com/content/7811d98a-7693-4596-a0f8-7329ed293116
AfCRA aims to end ‘Africa premium’ that policymakers say has been imposed by Moody’s, S&P Global and Fitch Ratings.
https://www.project-syndicate.org/commentary/chinese-renminbi-lending-developing-countries-by-justin-yifu-lin-and-yan-wang-2026-10
For many developing countries, renminbi-denominated loans offer a credible, increasingly accessible, and cost-effective alternative to borrowing in dollars. Now that the stability and predictability of US economic policies and institutions are in question, the Chinese currency is becoming more attractive.
Rating Africa on Its Own Terms
https://www.project-syndicate.org/commentary/new-africa-credit-rating-agency-could-mark-turning-point-for-the-continent-by-hannah-wanjie-ryder-2026-10
For decades, African countries' borrowing costs have been largely determined by major credit-rating agencies whose methods overlook key features of these economies' institutions and markets. The new Africa Credit Rating Agency could mark a turning point, challenging how the continent’s credit risk is graded and priced.
African governments launch rating agency to challenge global ‘big three’
https://www.ft.com/content/7811d98a-7693-4596-a0f8-7329ed293116
AfCRA aims to end ‘Africa premium’ that policymakers say has been imposed by Moody’s, S&P Global and Fitch Ratings.