Cameroon is in category 7, up from 6 previously, in the country risk classification of participants to the Arrangement on Officially Supported Export Credits, updated on 16 October 2026 on the OECD website. This reclassification places the country in the highest risk category of this arrangement.
This assessment feeds into the calculation of minimum premiums that cover the risk of non-repayment. It concerns in particular operations by foreign exporters that sell goods or services to Cameroonian buyers with credit guaranteed, insured or financed by public authorities.
The Arrangement provides that participants charge premiums at least equal to the minimums associated with the new category no later than five working days after the change is communicated by its secretariat. This deadline concerns the risk premiums on these operations, not a general change in the interest rates at which the Cameroonian state or companies borrow.
The framework assesses a country's capacity to honour its external debt. It takes into account in particular restrictions on currency conversion or transfer that could prevent a debtor from paying a foreign creditor, as well as risks of war, expropriation or civil unrest.
The classifications are established by a technical group bringing together experts from the participants' export credit agencies. The OECD provides administrative support and publishes the tables, while the group's deliberations remain confidential.