Sovereign Analysis /
Cameroon

Cameroon: Better macro outlook but usual political concerns prevail

  • Cameroon benefited from considerable IMF support during the pandemic; it also issued a new bond in June

  • Economy performed better than expected, but usual concerns around succession, Anglophone situation prevail

  • We maintain our Buy recommendation on the new REPCAM 5.95% 2032 EUR – we see a country with good credit metrics

Cameroon: Better macro outlook but usual political concerns prevail
Stuart Culverhouse
Stuart Culverhouse

Head of Sovereign & Fixed Income Research

Tellimer Research
2 November 2021
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