Central African economies, oil, CFA franc, debt, and trade.
DR Congo
DRC restates BCC autonomy as CPI cools and reserves build; USD/CDF (CDF=X) steadies while copper (HG=F) and EM credit gauges (EMB, EMLC) track credibility gains ahead of a potential USD 1.5bn debut Eurobond.
DR Congo
The Congolese franc appreciated 6.31% as authorities denied reserve intervention, crediting mining inflows, fiscal restraint, and tighter policy; sustained FX stability will hinge on HG=F and CL=F trends, reserve cover above three months, and inflation easing below 8% through 2026.
Cameroon
Cameroon appoints Bloomfield for its first local-currency sovereign rating, signaling deeper CFA-bond market reform. Track BZ=F and EMB as oil prices and frontier spreads test whether CFA yields compress sustainably by mid-2026.
Congo (Republic of)
Congo’s 2026 budget shift emphasizes fiscal discipline as Brent (BZ=F) trades near USD 85 and EMB spreads ease 60 bps; debt near 88% of GDP and CPI at 3.6% keep pressure on revenue gains, arrears cuts, and cash-flow transparency through 2026.
Cameroon
Cameroon’s customs outperformance narrows the primary deficit and strengthens CEMAC reserves, anchoring fiscal credibility amid commodity volatility; monitor CL=F and CC=F as trade-linked indicators guiding Cameroon USD-bond spreads into 2026.
Central Africa
BEAC’s CFAF 750bn tender steadies CEMAC liquidity as growth trends 2.6% and inflation 2.6%. Watch BZ=F and EMB for oil and frontier spread signals while interbank spreads compress and BVMAC one-year yields retrace into Q1-2026.
Central African Republic
Tractafric’s CAT hub in CAR signals supply-chain autonomy as CAT trades near USD 335 and HG=F holds at USD 4.1/lb. GDP 3.0%, reserves 2.5 months—localized servicing aims to cut FX outflows by 5% and lift equipment uptime by 40% over 18 months.
Congo (Republic of)
Congo’s new cobalt export quotas threaten exclusion for violators as the government asserts control over 70% of global supply. Prices (LME: COB ≈ USD 33,500) rose 3.4% as traders weigh state capacity against market credibility.