Ratings and Credit Opinions
Independent assessments for sovereigns, sub-sovereigns, financial institutions and corporates.
Explore ratings →A global credit rating agency founded in Africa
Creditworthiness,
measured with more
accuracy and precision.
AfCRA is an independent international credit rating agency focused on credit-intelligence. We combine rigorous research, transparent methodology, advanced technology and accountable qualitative judgement to provide a more comprehensive view of creditworthiness, wherever an issuer operates.
Independent
Evidence-led
Transparent
Technology-enabled
Globally applicable
A global agency with an African foundation
Africa is where AfCRA begins. The world is where our science applies.
AfCRA was established through an African initiative to strengthen the quality, depth and diversity of credit information available to financial markets. Our purpose, however, is global.
Better measurement for both sides of capital.
Issuers need assessments that recognise the full evidence of their capacity, conduct, resilience and trajectory. Investors need risk intelligence that is relevant, timely, explainable and capable of identifying both vulnerability and opportunity.
AfCRA Live
A transparent digital experience connecting evidence, engagement, milestones and rating workflow.
Explore AfCRA Live →Research and Risk Intelligence
Continuous investigation of the factors and interventions that change credit outcomes.
Explore research →The AfCRA promise
Judge AfCRA by its evidence.
Do not trust AfCRA because it is African. Trust it when the evidence is relevant, the method is transparent, the conclusion can be explained and performance can be tested against outcomes.
Explore AfCRA
Distinct destinations for ratings, methodology, governance and research.
The website is organised as a multi-page institutional platform rather than a single continuous brochure. Explore the areas most relevant to you.
Governance & Independence
How AfCRA protects analytical independence and institutional credibility.
Explore governance →Methodologies
See the evidence architecture and the animated AfCRA research wheel.
View methodologies →Ratings Library & Data
Access published ratings, actions, methodologies, research and commentary.
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