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Cameroon’s moderate borrowing masks rising financial distress risks

Street of Cameroon
Street of Cameroon © Unsplash
  • Commercial borrowing costs surge as Cameroon taps global investors
  • Weak exports deepen concerns over long-term financial sustainability

 

YAOUNDÉ, CAMEROON — Cameroon’s public debt climbed to 15.416 trillion CFA francs ($27.3 bn) at the end of March 2026, exposing mounting vulnerabilities beneath one of Africa’s lowest borrowing ratios.

The figure represents 44.3% of gross domestic product (GDP), comfortably below the 70% ceiling set by the Central African Economic and Monetary Community (CEMAC) and far lower than debt levels across much of Africa.

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