Report 10.24.23

S&P Global Ratings: Congo-Brazzaville Upgraded To 'B-/B'On Improved Liquidity Conditions; Outlook Stable

The approval of the current IMF program's third review in July points to improving reform momentum in Congo-Brazzaville, which should help ease liquidity by facilitating additional support from official creditors.
This, alongside prospects for increased oil production volumes and a nascent recovery in the non-oil sector, should benefit the country's economy and liquidity conditions, although they remain vulnerable to possible oil price and production shocks given Congo-Brazzaville's high reliance on the oil sector.
Congo-Brazzaville's timely servicing of its sole Eurobond, despite tight liquidity conditions during 2020 due to the pandemic and oil price shock, demonstrates the government's willingness to service debt since the defaults on its Eurobond in 2016 and 2017.
S&P Global Ratings raised their sovereign credit ratings on Congo-Brazzaville to 'B-/B' from 'CCC+/C' and assigned a stable outlook to the longterm ratings.

Article 10.24.23

Digitalization of CAMU Management Tools by AKIENI, a Subsidiary of YAO CORP Group: Operational Enrollment Phase

Established by Law No. 12-2015 on August 31, 2015, the Universal Health Insurance Fund (CAMU) is the body responsible for managing the health insurance system in the Republic of Congo. Its primary purpose is to support policyholders throughout their lives by providing care regardless of their categories, resources, or situations.

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Report 10.24.23

The World Bank’s Digital Economy Assessment: Republic of Congo Digital Economy Assessment

An assessment of the Central African Republic’s (CAR) digital economy has been launched as part of the World Bank Group’s Digital Economy for Africa (DE4A) Initiative, which uses an integrated and foundations-based diagnostic framework to examine the present level of digital economy development across Africa. The assessment maps the current strengths and weaknesses that characterize the national digital economy ecosystem in CAR as well as identifies the challenges and opportunities for future growth.

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Report 10.24.23

IFAD Republic of the Congo Country Strategic Opportunities Programme 2019 – 2024: Note to Executive Board representatives

The Republic of the Congo Country Strategic Opportunities Programme 2019–2024 provides country context and rural sector agenda: key challenges and opportunities, IFAD engagement: lessons learned.

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Report 10.24.23

S&P Global Ratings: Congo-Brazzaville Upgraded To 'B-/B'On Improved Liquidity Conditions; Outlook Stable

The approval of the current IMF program's third review in July points to improving reform momentum in Congo-Brazzaville, which should help ease liquidity by facilitating additional support from official creditors. This, alongside prospects for increased oil production volumes and a nascent recovery in the non-oil sector, should benefit the country's economy and liquidity conditions.

Discover More

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