Subjectivity and bias in credit ratings cost African countries up to $24 billion in interest and over $46 billion in foregone lending. On this episode, host Landry Signé is joined by Raymond Gilpin and Daouda Sembene to discuss their 2024 Foresight Africa piece “Making Africa’s credit ratings more objective.” Gilpin and Sembene discuss the reasons this subjectivity and bias exist, the costly implications, and government and private-sector solutions for improving credit rating objectivity across the continent.
Foresight Africa podcast is part of the Brookings Podcast Network. Subscribe and listen on Apple, Spotify, Afripods, and wherever you listen to podcasts. Send feedback email to podcasts@brookings.edu.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.