Fitch Affirms Cameroon’s Foreign Currency Rating at “B”, Outlook Shifts to Negative

Business in Cameroon | Fitch Ratings maintained Cameroon’s long-term foreign currency rating at “B” in its recent assessment published on May 17, 2024. This decision reflects a diversified regional economy and robust GDP growth. However, Fitch has downgraded the outlook from stable to negative. The agency said the state debt of Cameroon, including guarantees, arrears, … The