Sovereign rating
Republic of the Congo: 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.
- Category
- Substantial risk (CCC)
- In Africa
- no. 29 of 34
- Trend
- Rising
7 notches below investment grade
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
History
Decisions of the agencies for Republic of the Congo
| Date | Agency | Decision | Rating | Outlook | Source |
|---|---|---|---|---|---|
| 14 Aug 2026 | Fitch | affirmed | CCC+ | no outlook | capmad.com ↗ |
| 26 May 2026 | Moody's | outlook raised | Caa2 | positive outlook | ecomatin.net ↗ |
| 24 Feb 2026 | S&P | affirmed | CCC+ | stable outlook | capmad.com ↗ |
Questions
What is the credit rating of Republic of the Congo?
S&P CCC+ · Moody's Caa2 · Fitch CCC+: very weak rating, substantial risk (ccc), 7 notches below investment grade, no. 29 of 34 in Africa.