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Sovereign rating

CCC+: a very weak rating

Republic of the Congo is no. 29 of the 34 African countries rated, among the lowest rated in Africa. The agencies see a real risk of default; access to international markets is very difficult.

Very weak rating CCC+
Category
Substantial risk (CCC)
In Africa
no. 29 of 34
Trend
Rising

7 notches below investment grade

S&P

CCC+

stable outlook · affirmed 24 Feb 2026

Source ↗

Moody's

Caa2

positive outlook · outlook raised 26 May 2026

Source ↗

Fitch

CCC+

no outlook · affirmed 14 Aug 2026

Source ↗

AfCRA

—

The African agency, launched on 7 October 2026, has not published a rating yet.

Long-term foreign-currency ratings, from the agencies' releases · verdict and common scale: Syli Atlas's reading of the agencies' categories · a rating is an opinion on credit risk, not investment advice

Business climate

Republic of the Congo: a business climate harder than in most African countries

Above the African median on 0 indicators out of 5. Syli Atlas gives no « business friendly » verdict of its own: each score comes from the World Bank, compared with the other African countries.

Governance

Worldwide Governance Indicators 2025, score from 0 to 100

Regulatory quality 34.9 no. 44 of 54

Can the state make and apply rules that let private business grow?

Rule of law 38.1 no. 43 of 54

Are contracts, property rights, the police and the courts reliable?

Government effectiveness 28.4 no. 43 of 54

Quality of public services and of the administration.

Control of corruption 19.3 no. 46 of 54

How far public power is used for private gain.

Business regulations and services

World Bank Business Ready (B-READY) 2025, score from 0 to 100

40.7 average of the three pillars · no. 25 of the 29 African economies covered

Regulatory framework 52.2 no. 26 of 29
Public services for firms 24.9 no. 25 of 29
Operational efficiency 45.0 no. 26 of 29

Sources: World Bank, Worldwide Governance Indicators (CC BY 4.0) and Business Ready (CC BY 3.0 IGO) · the line marks the African median · ranks among the African countries covered

Stock exchange

Republic of the Congo on the BVMAC

The country has no national exchange: its companies are listed on the BVMAC, the regional exchange shared by 6 countries.

Main index
n/a
n/a
Listed securities
7
XAF

Fictitious figures (development), not MansaAPI's · end of day, not live · information, not investment advice