<p><a href="https://www.sps.nyu.edu/about/academic-divisions-and-departments/center-for-global-affairs.html">Center for Global Affairs</a> Clinical Assistant Professor Olajumoke Ayandele's recent piece for <a href="https://foreignpolicy.com/2026/02/25/afreximbank-fitch-ratings-africa-global-financial-system/">Foreign Policy</a> examines how the high-stakes standoff between the African Export-Import Bank (Afreximbank) and Fitch Ratings is raising doubts about the ability of prevailing financial standards to adequately assess development-oriented institutions in today’s world.</p>
<p><b><a href="https://foreignpolicy.com/2026/02/25/afreximbank-fitch-ratings-africa-global-financial-system/">READ FULL ARTICLE</a></b></p>
While Western agencies still dominate global capital markets, non-Western institutions are gaining influence in regional financing arrangements and among investors seeking alternative benchmarks."