Fitch places Gabon on 'rating watch negative' following coup

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Fitch places Gabon on 'rating watch negative' following coup
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Credit ratings agency Fitch said on Tuesday it has placed Gabon on 'rating watch negative' (RWN), citing high political uncertainty in the Central African nation following a military coup last month.

Soldiers of the Republican Guard stand on their armed pick-up in a street in Libreville, Gabon August 30, 2023 REUTERS/Scott Ngokila

Fitch placed Gabon's 'B-' Long-Term Foreign-Currency and Local-Currency Issuer Default Ratings on RWN in an unscheduled review.

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