A woman in her 70s holds a sign against the World Health Organization (WHO) in the rain outside the World Health Summit in Berlin, one of the main international forums on global health. The image catches the eye of Gevorg Tamamyan, an Armenian physician and candidate to lead the agency. “When I was a child, the WHO meant trust. Why has that trust become so fragile?” he asks hours later during the first debate among several of the seven contenders to succeed Tedros Adhanom Ghebreyesus.

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The African Union (AU) on Wednesday launched a continental credit rating agency aimed at providing risk assessments that it says will be more credible and realistic than those produced by the major international rating agencies. The goal is to lower Africa’s borrowing costs and support the continent’s development and industrialization. To that end, the African Credit Rating Agency (AfCRA), which will be headquartered in Port Louis, the capital of Mauritius, will operate as a private and independent entity, with no ownership stake held by the AU or any government.

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