The Africa Credit Rating Agency (AfCRA), which is under the auspices of the African Union (AU), has been proposed as a continental response to providing independent, credible, and African-owned credit ratings, thus asserting Africa’s position on global financial governance architecture.

Trainees work four days a week in an organization, applying the theories and concepts learned in class. Every Friday, they join an international online class, which makes up 75% of the program.

The collaboration with IDS at the University of Nairobi began in 2021, marking an important milestone in the program’s global expansion. Today, we are proud to be running our 5th cohort in Kenya.

The AU’s heavy reliance on external funding poses a significant risk to its initiatives' sustainability, as partner economies' fiscal constraints could adversely affect their contributions.

The event was attended by the Ambassador of Japan to Kenya, Amb. Hiroshi Matsuura, the JICA Kenya Office officials, the University of Nairobi Deputy Vice-Chancellor, Academic Affairs, Faculty members, students, and other guests.