AfCRA Initiative Gains Traction with Talks on UNGA Margins
- Reports
- 3
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Discussions regarding the Africa Credit Rating Agency (AfCRA) were held on the margins of the 81st UN General Assembly in New York. CEO of the African Peer Review Mechanism (APRM), Marie Antoinette Rose Quatre, briefed President Dr Patrick Herminie on the initiative. AfCRA is an independent, private-sector-driven entity intended to assess the creditworthiness of sovereign and corporate entities in Africa.
From statehouse.gov.sc
Why it matters
The initiative is expected to launch in Mauritius on October 7. AfCRA aims to contribute to efforts to keep more African capital, estimated at around US$4 trillion, working within the continent. This capital is intended to support investments in sectors such as healthcare, energy, mining, and infrastructure.
President Dr Patrick Herminie is attending the 81st UNGA session in New York.
From statehouse.gov.sc
Who's involved
- Patrick HerminieEngaged in talks regarding AfCRA and APRM support
- MauritiusScheduled host of the Africa Credit Rating Agency (AfCRA) launch
How this reaches others
Each traced step by step, with the reporting behind itHow it developed
Newest first. Tap a step to see who reported it.- Mauritius participated in the United Nations General Assembly session on September 26, 2026.Sub-event
Talks held on UNGA margins in Mauritius regarding AfCRA launch and APRM support.1 source
Keep exploring
The entities involved
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Mauritius
island sovereign state off of East Africa in the Indian Ocean
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United Nations
global international and intergovernmental organization
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Patrick Herminie
Seychellois politician
Related events
- Government hosts CISNA meetings for regional cooperation in Mauritius.
- Seychelles addressed the General Assembly and assured full support to the United Nations on January 1, 2023.
- The United Nations hosted a conference on September 9th that was leading toward an agreement regarding the Paris Agreement.
- Mauritius and Seychelles are strengthening bilateral cooperation as partners of Small Island Developing States (SIDS).
- AFC LIVE received an Investment Dealer licence from the Financial Services Commission in Lebanon and expanded its regulated digital trading platform with a new Mauritius licence.