About Sovereign Africa Ratings

Driving Economic Transformation and Growth in BRICS and the Global South.

Welcome to Sovereign Africa Ratings (SAR), a local African agency based in South Africa. We are proud to be distinct from the three major rating agencies, bringing a fresh and unique approach to evaluating economic potential and performance. SAR's analytical approach emphasizes objective assets, such as natural resources, while maintaining a cautious perspective on subjective political and economic agency dictates. Sovereign Africa Ratings (Pty) Ltd (SAR) is a licensed credit rating service provider with a focus on sovereign, regional and municipal government, corporate, and Sukuk rating services. It is driven by the principles of efficiency and world-class technical competencies. SAR was formed to satisfy developmental and investment needs in Africa and emerging markets in general. It is an organization committed to excellence in providing credit ratings to its clients throughout the continent and the developing world. SAR asserts that the needs of emerging markets are unique, and that the length of time it has taken for economic transformation to be realized on a large scale indicates the need for more plurality in the provision of quality economic research, creditworthiness opinion, and linked market insights. SAR’s mission is to offer such insights with unerring market relevance and statistical and economic accuracy.
Distinguishing Characteristics Include:
  • Market relevance
  • Balanced approach to the investor and rated entity interests
  • Scientific and objective credit ratings
  • Quality research
  • Innovative approach

Vision and Mission

Vision

Sovereign Africa Ratings (SAR) envisions positioning itself as the premier and preferred credit rating agency for emerging markets, with a distinctive and objective vision to catalyze economic performance.

Mission

Sovereign Africa Ratings (SAR) is driven by a mission to provide comprehensive credit rating services, with a particular emphasis on developing countries, notably on the African continent. The organization is dedicated to furnishing investors with well-informed risk analyses for corporates, sovereign governments, and regional and municipal government issuers. Beyond this, SAR actively monitors and reports on the efficacy of credit rating policy to contribute to economic growth and development.