DataPro Tasks African Governments on Fiscal Reforms, Capital Market Development
DataPro Tasks African Governments on Fiscal Reforms, Capital Market Development
The Founder of DataPro Limited, Mr Abimbola Adeseyoju, has called on African governments to strengthen fiscal discipline, deepen domestic capital markets and improve transparency in credit assessment to attract long-term investments and accelerate economic transformation across the continent.
Adeseyoju made the call at the sixth DataPro International Credit Rating Webinar held on Thursday, October 8, 2026, stressing that credit ratings have evolved beyond being instruments for measuring financial risks to becoming critical drivers of economic development.
Speaking on the theme, *“Credit Rating as a Catalyst for Economic Transformation,”* he said sovereign credit ratings play a crucial role in determining countries’ access to international capital markets, the cost of borrowing and their capacity to finance infrastructure development and industrialisation.
He noted that African countries were undergoing significant structural economic changes, making it increasingly important for governments to attract long-term capital, reduce borrowing costs and build economies capable of withstanding domestic and global economic shocks.
According to him, the continent must recognise the strategic importance of credit ratings in strengthening investor confidence and creating the right conditions for sustainable economic growth.
“Credit rating is no longer a passive measure of risk; it is now a catalyst for economic transformation,” he said.
Adeseyoju explained that achieving and sustaining investment-grade credit ratings across African countries would require deliberate attention to the structural and policy factors that influence investors’ decisions.
He identified structural reforms and fiscal sustainability as key priorities, urging governments to embrace fiscal discipline and strengthen institutional frameworks to improve economic stability and credibility.
The DataPro founder also emphasised the need to deepen domestic capital markets, improve access to reliable economic data and enhance transparency in risk assessment.
He said stronger local capital markets would improve the capacity of African economies to mobilise domestic resources, while greater transparency would help investors make informed decisions and strengthen confidence in the continent’s financial systems.
Adeseyoju further called for African economic realities to be adequately reflected in global credit-rating assessments, advocating rating methodologies that recognise the continent’s unique circumstances and growth potential.
He argued that objective and context-sensitive assessment frameworks should balance the risks associated with emerging markets against their development prospects and investment opportunities.
The founder maintained that Africa’s aspiration to attain investment-grade credit ratings was achievable through consistent policy implementation, sound financial-market infrastructure and stronger cooperation among countries and institutions.
He reaffirmed DataPro’s commitment to providing transparent, credible and actionable market intelligence to bridge the gap between investors and organisations seeking capital.
According to him, reliable market information and effective credit-risk assessment remain essential to improving the efficiency of capital allocation and supporting sustainable economic development.
Adeseyoju expressed appreciation to the keynote speaker, the Minister of State for Budget and Economic Planning, Dr Doris Uzoka-Anite, as well as the Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama; the Statistician-General of the Federation and Chief Executive Officer of the National Bureau of Statistics, Prince Adeyemi Adeniran; and other regulators, panelists and participants for their contributions to the webinar.
He urged participants joining through YouTube, LinkedIn and other virtual platforms to actively engage in the discussions, expressing optimism that the event would generate practical insights to advance credit-rating development and economic transformation in Africa.
The Founder of DataPro Limited, Mr Abimbola Adeseyoju, has called on African governments to strengthen fiscal discipline, deepen domestic capital markets and improve transparency in credit assessment to attract long-term investments and accelerate economic transformation across the continent.
Adeseyoju made the call at the sixth DataPro International Credit Rating Webinar held on Thursday, October 8, 2026, stressing that credit ratings have evolved beyond being instruments for measuring financial risks to becoming critical drivers of economic development.
Speaking on the theme, *“Credit Rating as a Catalyst for Economic Transformation,”* he said sovereign credit ratings play a crucial role in determining countries’ access to international capital markets, the cost of borrowing and their capacity to finance infrastructure development and industrialisation.
He noted that African countries were undergoing significant structural economic changes, making it increasingly important for governments to attract long-term capital, reduce borrowing costs and build economies capable of withstanding domestic and global economic shocks.
According to him, the continent must recognise the strategic importance of credit ratings in strengthening investor confidence and creating the right conditions for sustainable economic growth.
“Credit rating is no longer a passive measure of risk; it is now a catalyst for economic transformation,” he said.
Adeseyoju explained that achieving and sustaining investment-grade credit ratings across African countries would require deliberate attention to the structural and policy factors that influence investors’ decisions.
He identified structural reforms and fiscal sustainability as key priorities, urging governments to embrace fiscal discipline and strengthen institutional frameworks to improve economic stability and credibility.
The DataPro founder also emphasised the need to deepen domestic capital markets, improve access to reliable economic data and enhance transparency in risk assessment.
He said stronger local capital markets would improve the capacity of African economies to mobilise domestic resources, while greater transparency would help investors make informed decisions and strengthen confidence in the continent’s financial systems.
Adeseyoju further called for African economic realities to be adequately reflected in global credit-rating assessments, advocating rating methodologies that recognise the continent’s unique circumstances and growth potential.
He argued that objective and context-sensitive assessment frameworks should balance the risks associated with emerging markets against their development prospects and investment opportunities.
The founder maintained that Africa’s aspiration to attain investment-grade credit ratings was achievable through consistent policy implementation, sound financial-market infrastructure and stronger cooperation among countries and institutions.
He reaffirmed DataPro’s commitment to providing transparent, credible and actionable market intelligence to bridge the gap between investors and organisations seeking capital.
According to him, reliable market information and effective credit-risk assessment remain essential to improving the efficiency of capital allocation and supporting sustainable economic development.
Adeseyoju expressed appreciation to the keynote speaker, the Minister of State for Budget and Economic Planning, Dr Doris Uzoka-Anite, as well as the Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama; the Statistician-General of the Federation and Chief Executive Officer of the National Bureau of Statistics, Prince Adeyemi Adeniran; and other regulators, panelists and participants for their contributions to the webinar.
He urged participants joining through YouTube, LinkedIn and other virtual platforms to actively engage in the discussions, expressing optimism that the event would generate practical insights to advance credit-rating development and economic transformation in Africa.
The Founder of DataPro Limited, Mr Abimbola Adeseyoju, has called on African governments to strengthen fiscal discipline, deepen domestic capital markets and improve transparency in credit assessment to attract long-term investments and accelerate economic transformation across the continent.
Adeseyoju made the call at the sixth DataPro International Credit Rating Webinar held on Thursday, October 8, 2026, stressing that credit ratings have evolved beyond being instruments for measuring financial risks to becoming critical drivers of economic development.
Speaking on the theme, *“Credit Rating as a Catalyst for Economic Transformation,”* he said sovereign credit ratings play a crucial role in determining countries’ access to international capital markets, the cost of borrowing and their capacity to finance infrastructure development and industrialisation.
He noted that African countries were undergoing significant structural economic changes, making it increasingly important for governments to attract long-term capital, reduce borrowing costs and build economies capable of withstanding domestic and global economic shocks.
According to him, the continent must recognise the strategic importance of credit ratings in strengthening investor confidence and creating the right conditions for sustainable economic growth.
“Credit rating is no longer a passive measure of risk; it is now a catalyst for economic transformation,” he said.
Adeseyoju explained that achieving and sustaining investment-grade credit ratings across African countries would require deliberate attention to the structural and policy factors that influence investors’ decisions.
He identified structural reforms and fiscal sustainability as key priorities, urging governments to embrace fiscal discipline and strengthen institutional frameworks to improve economic stability and credibility.
The DataPro founder also emphasised the need to deepen domestic capital markets, improve access to reliable economic data and enhance transparency in risk assessment.
He said stronger local capital markets would improve the capacity of African economies to mobilise domestic resources, while greater transparency would help investors make informed decisions and strengthen confidence in the continent’s financial systems.
Adeseyoju further called for African economic realities to be adequately reflected in global credit-rating assessments, advocating rating methodologies that recognise the continent’s unique circumstances and growth potential.
He argued that objective and context-sensitive assessment frameworks should balance the risks associated with emerging markets against their development prospects and investment opportunities.
The founder maintained that Africa’s aspiration to attain investment-grade credit ratings was achievable through consistent policy implementation, sound financial-market infrastructure and stronger cooperation among countries and institutions.
He reaffirmed DataPro’s commitment to providing transparent, credible and actionable market intelligence to bridge the gap between investors and organisations seeking capital.
According to him, reliable market information and effective credit-risk assessment remain essential to improving the efficiency of capital allocation and supporting sustainable economic development.
Adeseyoju expressed appreciation to the keynote speaker, the Minister of State for Budget and Economic Planning, Dr Doris Uzoka-Anite, as well as the Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama; the Statistician-General of the Federation and Chief Executive Officer of the National Bureau of Statistics, Prince Adeyemi Adeniran; and other regulators, panelists and participants for their contributions to the webinar.
He urged participants joining through YouTube, LinkedIn and other virtual platforms to actively engage in the discussions, expressing optimism that the event would generate practical insights to advance credit-rating development and economic transformation in Africa
