Ryder cited a recent study by Development Reimagined that had quantified the impact of ‘disagreements’ between credit rating agencies when it came to African multilateral financial institutions (MFIs). She argued that mobilising African capital requires lowering the cost of capital, which in turn requires reforming the global credit rating architecture by engaging with the analysis that creates biases and anomalies. Vencatachellum highlighted the work by the African Development Bank in creating the New African Financial Architecture for Development as a means to strengthen African governance and institutions. Accelerate the AfCRA’s roll-out and support African sovereigns and African MFIs in engaging more collectively and effectively with international credit rating methodologies to close the documented gap in inter-agency rating divergence and reduce the associated financing costs. Capitalise and scale African MFIs.