Errors in Africa ratings expose deeper flaws in global credit assessment

What the report says

Standard & Poor’s headquarters in Lower Manhattan, New York City © Haydn Blackey (Flickr) The rating agency S&P Global’s Africa Credit Rating Trends 2025 reviews the past year’s rating activities and analyses the continent’s prospects for 2026. It is an important document because it interprets underlying drivers of creditworthiness. It shapes how global investors and policymakers understand risk, opportunity and refo