S&P confirms Rwanda’s rating at ‘B+/B’, outlook stable

S&P Global Ratings reaffirmed Rwanda’s sovereign rating at ‘B+/B’ on November 14, 2025, with a stable outlook. The agency applauds the resilience of a low-income economy driven by robust growth – averaging 7.3% over 2025-2028 – and a debt structure that is still largely concessional, with nearly 80% coming from bilateral and multilateral lenders. At…...