Moody’s Upgrades Benin’s Sovereign Credit Rating to Ba3

Benin · FINANCE Key Facts —The upgrade: Moody’s lifted Benin’s sovereign rating from B1 to Ba3 on 7 August 2026, with a stable outlook — three notches below investment grade, in the top speculative-grade (Ba) band. —Rating trajectory: Moody’s raised Benin from B2 to B1 in March 2021 and held it there until this single-notch…