S&P Global has upgraded the Democratic Republic of Congo’s (DRC) outlook from “stable” to “positive,” reflecting growing confidence in the country’s economic trajectory.
The ratings agency cited ongoing reforms and robust mining exports as key factors driving the change. DRC’s GDP growth is expected to average around 5% through 2028, underpinned by strong global demand for copper and cobalt.
Support from the International Monetary Fund (IMF) has further strengthened tax reforms and macroeconomic stability, helping the country attract investor interest.
Building on this momentum, the government is planning a $750 million Eurobond issuance in April, aiming to leverage its relatively low debt ahead of its debut in international debt markets.
While challenges remain, including commodity price fluctuations and ongoing conflict in the eastern regions, the positive outlook signals a major step toward bolstering investor confidence and promoting sustainable growth in Africa’s resource-rich nation.
