The African Development Bank has partnered with Prosper Africa and the U.S. Treasury Department to sign a $700,000 contribution agreement. This agreement was signed with the aim of developing an online credit rating data platform in order to reshape the way investors

The donation from ADB, Prosper Africa and the US Treasury Department will contribute to strengthening the analytical capacity of African countries and improving their engagement with credit rating agencies. The online credit rating data platform will serve as an online data and analysis tool to address long-standing data accessibility challenges that have historically led to biased perceptions of risk in African economies. It should contribute to reducing the cost of financing in Africans, by helping to bridge the gap between perceived and real investment risks in

A en croire Beth Dunford, vice-présidente chargée de l' Agriculture et du Développement humain et social à la African Development Bank, “the platform aims to provide high quality information, comprehensive and timely as a public good, which is essential for evidence-based policy development.”