UNDP Africa, Africatalyst to co-host discussion on Credit Rating Solutions for Africa’s financial needs

UNDP Africa in partnership with Africatalyst will co-host a high-level panel discussion under the theme: Developing Credit Rating Solutions for Africa’s Financial Needs.

The event will be held in a hybrid format, featuring both an in-person session and virtual participation, on the sidelines of the 59th Annual Meeting of the African Development Bank (AfDB) at the Pan Pacific Hotel, Global Trade Centre in Nairobi, Kenya on 28^th May

The event will assess the impact of credit ratings on Africa’s economic prospects.  Our esteemed panelists will explore the challenges associated with financing development in Africa, shedding light on the regulatory framework governing credit ratings agencies in  Africa while exploring alternative innovative solutions to empower governments to access critical financing.

Participants include experts from government, academia, research, finance, the private sector, civil society and development partners. The overall objective of the event is to deepen commitment and strengthen capacity for African countries to improve their creditworthiness and access critical financing for their development initiatives. The dialogue will also foster improved networking, partnerships and resources for financing development in Africa.

The event will seek to:

• Evaluate the impact of credit ratings on investment decisions and access to international capital markets by African countries.
• Examine the regulatory environment governing credit ratings agencies in Africa and propose measures to mitigate negative effects.
• Discuss recent developments, including the proposed establishment of the  African Credit Rating Agency
• Explore measures sovereign African countries can undertake to regulate the publication of credit rating

Confirmed Speakers

1. Hannah Ryder- CEO Development Reimagined
2. Guy Deslondes – Managing Director EMEA Head of Financial Services,  Governments and Structured Finance Ratings, S&P Global
3. Daouda Sembene-CEO Africatalyst
4. Raymond Gilpin- Chief Economist and Head of Strategy at Regional Bureau for Africa, UNDP

For more information on the panelists and topics of discussion, please visit:

Developing credit rating solutions for Africa’s financial needs 

For interview requests with any of the experts attending the event, kindly contact the media representatives below:

1. Africatalyst – Bineta Pouye, [email protected]
2. UNDP Africa – [email protected]
3. Mansa Media – Maggie Mutesi, [email protected]

Register here to attend the event: https://mailchi.mp/africatalyst.com/event-lead

About UNDP

UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality, and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and the planet. Learn more at undp.org or follow @UNDP and @UNDPAfrica.

About AfriCatalyst

AfriCatalyst is an independent, global development advisory firm that strives to build partnerships between global and local actors to promote innovative, evidence-based solutions to Africa’s development challenges.