The Rating Agency Fitch Ratings a confirmed the long-term issuer default rating (IDR) in foreign currencies of Cameroon at “B” with a negative outlook.

Cameroon's rating is supported by a robust GDP growth, a manageable debt repayment schedule and our forecasts that a moderate level of debt will be sustained through the mobilization of non-oil revenues and the control of expenditure. These advantages are counterbalanced by low GDP per capita, indicators fragile governance and persistent security challenges. Fitch expects political continuity and short-term strategic in Cameroon (which underlies bilateral support) following the victory of the outgoing president Paul Biya, serif">aged aged 92, in the presidential election of October 2025, with 53.7% of the votes. Paul Biya has been president of Cameroon since 1982. La the ensuing political transition involves significant risks, taking into account the absence of a succession plan, political divisions and rivalries within the ruling party; increased instability in the regions English speakers and new incursions by Islamist insurgent groups in Far North are possible.

The negative perspective reflects the risks associated with possible succession problems and structural weaknesses in the management of public finances, illustrated by poor liquidity management, late debt payments external and an accumulation of domestic arrears