Fitch Lifts Cameroon’s Rating On Improved Domestic Debt Management

Fitch Ratings raised its ratings on the Republic of Cameroon one notch closer to investment grade, pointing to the Central African country’s improvement in domestic debt management. Fitch upgraded its long-term foreign currency issuer default rating to B, five levels away from investment grade, from B-minus. The outlook is stable. The firm said Cameroon’s rating [...]