News: The African Union this month [February 2025] has announced the establishment of an African Credit Rating Agency (AfCRA). The AfCRA is set to officially launch in June 2025 as part of the African Union’s broader agenda for financial integration and independence.
A Vision Come True: In October 2023, I published an essay “Seven nation-building suggestions for African governments to use during contract negotiations with foreign companies.” There [see #4 on the link] I recommended the establishment of an African Rating Agency as one of my visions for Africa. Now, almost 1.5years later, it has come to pass.
This is one of several instances over the past few years where this has happened. Here are two other examples:
(1) the African School of Governance that Rwanda’s President Paul Kagame and former Ethiopian Prime Minister Hailemariam Desalegn recently established; also (2) the Africa Connect initiative that the AfDB President, Akinwumi Adesina, announced in 2022 in partnership with the WHO, to leverage Africa’s physicians in the diaspora.
Although my proposals were extensive in both their nature and application, these initiatives mentioned above are promising beginnings and positive developments for Africa, which truly gladdens me. They serve as reinforcement that the other visions I have received and documented—though not publicly shared—are not only real and essential for African nation-building, but will come to fruition—during or after my lifetime.
It is my sincere hope that earnest Builders of the African Future will unite and diligently work to manifest these visions so that, in time, these visions will become a realized blessing for the welfare and progress of the African people!
AU Announcement: https://au.int/en/pressreleases/20250207/african-leaders-convene-establishment-homegrown-solution-africa-credit-rating
Nation-building Article: https://nationupbuilding.com/2023/10/26/african-nation-building-strategies/
Further reading: See also my preliminary suggestions to modify Nigeria’s constitution and restructure INEC. https://nationupbuilding.com/2023/10/24/modifying-constitution-inec/
~Dr. Ikenna Ezealah
Nation Upbuilding 