This report does not constitute a rating action. S&P Global Ratings is publishing its annual report on multilateral lending institutions (MLIs) and other nonbank supranational institutions, a publication that has been in circulation since 1986. The number of supranationals that we rate has risen to 42 from 33 in 2020. Many of these newly rated entities are from the African continent, where there's been a particular focus on expanding blended finance solutions and closing the development finance gap. Over the past year, S&P Global Ratings assigned four new ratings. Recently, we assigned a'BBB+'rating to the African Export-Import Bank, which supports African trade with a diverse shareholder structuring with significant private-sector participation, and an'A'rating to the The
