Brookings Institution 
The Brookings Africa Growth Initiative (AGI) in partnership with UNDP’s Africa Bureau, will host a conversation to explore how improving sovereign credit ratings can ensure African nations access more affordable development financing.
Building on the momentum of the event in April 2023, this follow-up high-level conversation will expand the dialogue to focus on concrete actions and solutions that can improve Africa’s sovereign credit ratings. Additional collaborators for this year’s event will include AfriCatalyst, the United Nations Economic Commission for Africa (UNECA), the African Centre for Economic Transformation (ACET), and the Glasgow Financial Alliance for Net Zero (GFANZ).
The event will seek to:
Catalyze a ministerial dialogue on the challenges African countries face in accessing affordable development financing, with a focus on the role of sovereign credit ratings;
Generate ideas, recommendations, and innovative strategies to improve credit ratings outcomes for African countries, in order to reduce the cost of borrowing and increase SDG financing and impact;
Promote collaboration between development partners, African governments, and multilateral institutions to scale the initiative on strengthening institutional capacities for credit ratings assessments.
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