Economy
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Political Risks To The Fore
January 2007 | Sovereign Risk RatingSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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A common theme of the rated Middle East and Africa (MEA) sovereigns is that nearly all of the Ability to Pay scores have improved, and some quite substantially. Across North Africa, robust economic growth, reduced debt piles and improving external positions are increasing sovereign creditworthiness and investor confidence. South Africa and Nigeria, the economic powerhouses of sub-Saharan Africa, have seen their Ability to Pay scores go up due to more favourable debt dynamics and continued robust growth.