This 5th edition of the African Union - African Peer Review Mechanism (AU-APRM) mid-year Sovereign Credit Rating 
Review Report presents an analysis of the long-term foreign currency sovereign credit rating actions in Africa 
by three dominant international Credit Rating Agencies (CRAs) – Moody’s, Fitch and S&P Global (S&P) – during the 
first half of 2022 (2022H1) and makes recommendations to both rating agencies and governments on how credit ratings can be improved in Africa.