CRB Africa - African credit ratings

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Credit Reference Bureau Limited (CRB) is an information solutions company. It uses the power of information to assist its subscribers to target prospective customers, manage existing trade relationships and identify opportunities for profitable growth.

CRB also provides factual credit, identity and location information to businesses – for example banks, credit card companies, finance institutions and commercial enterprise.- to assist them in making accurate and responsible decisions when companies or individuals apply for cash or goods and services on credit. CRB also helps creditors guard against fraud, which is a growing and serious problem that ultimately affects all consumers.

Putting Financial Globalization to Work

The IMF has a report about how globalization is enabling and effecting flow of capital to emerging markets. This is important because international funds bring international guidelines to a dormant market, it enables that market to open up and adopt international standards of trade. If Africa is going to develop it's going to need more capital flow, many countries are even starting to sell debt.

Nigeria, Ghana and many others are receiving important credit ratings from Moodys, and Standard & Poors. Credit ratings are important, because it gives a country the ability to sell notes to use for infrastructure and public work projects.

Read more of IMF report here: