AU Appoints Sifiso Falala AfCRA Interim CEO

•Dr Sifiso Falala

The African Union (AU) has appointed an accomplished South African researcher, Dr Sifiso Falala, as the interim Chief Executive Officer (CEO) of the Africa Credit Rating Agency (AfCRA).

AfCRA was launched in Mauritius on Wednesday, October 7, 2026 , to address gaps in how African risk is understood and priced by international rating agencies – S&P Global Ratings, Moody’s Ratings, and Fitch Ratings.

Falala’s appointment takes immediate effect, with the task of leading an independent, African-led rating agency built on rigorous and transparent methodologies to address gaps in how African risk is understood and priced.

At the launch, Falala presented the official AfCRA website, afcra.mu, and encouraged users to explore its ratings data and insights.

Falala’s appointment follows his work in research, credit ratings and industry leadership across Africa.

Speaking at the launch broadcast live, he highlighted the need for an unconventional approach to addressing Africa’s economic challenges and presented the agency’s website as a platform for accessing its ratings information.

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