Cote d’Ivoire: Moody’s Affirms Côte d’Ivoire Ba2 Rating With Stable Outlook

Moody’s Ratings affirmed Côte d’Ivoire’s long-term sovereign rating at Ba2 with a stable outlook, citing strong economic growth and improvements in public financial management.

The rating decision, confirmed on March 13, keeps the country among the higher-rated sovereign borrowers in sub-Saharan Africa. Moody’s said the rating reflects confidence in the government’s ability to service its debt despite economic and political challenges.

The agency highlighted Côte d’Ivoire’s growth model, which…