Cameroon Bonds Surge With President Paul Biya's Succession Unclear

Cameroon is getting hammered by bond investors after a credit downgrade. Having a nonagenarian leader with no public succession plan doesn’t help.

By Ray Ndlovu and Mpho Hlakudi · Bloomberg Markets

Cameroon is getting hammered by bond investors after a credit downgrade. Having a nonagenarian leader with no public succession plan doesn’t help.