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Sovereign rating

BB: a fair rating, 2 notches below investment grade

Côte d'Ivoire is no. 5 of the 34 African countries rated, among the best rated in Africa. Not yet investment grade, but at the top of the speculative grade: the country borrows on the markets, at a higher cost than an investment-grade one.

Fair rating BB
Category
Speculative (BB)
In Africa
no. 5 of 34
Trend
Stable

2 notches below investment grade

S&P

BB

stable outlook · affirmed 14 Nov 2025

Source ↗

Moody's

Ba2

stable outlook · affirmed 13 Mar 2026

Source ↗

Fitch

BB

stable outlook · affirmed 12 Jun 2026

Source ↗

AfCRA

—

The African agency, launched on 7 October 2026, has not published a rating yet.

Long-term foreign-currency ratings, from the agencies' releases · verdict and common scale: Syli Atlas's reading of the agencies' categories · a rating is an opinion on credit risk, not investment advice

Business climate

Côte d'Ivoire: a business climate better than in most African countries

Above the African median on 5 indicators out of 5. Syli Atlas gives no « business friendly » verdict of its own: each score comes from the World Bank, compared with the other African countries.

Governance

Worldwide Governance Indicators 2025, score from 0 to 100

Regulatory quality 52.6 no. 9 of 54

Can the state make and apply rules that let private business grow?

Rule of law 50.0 no. 19 of 54

Are contracts, property rights, the police and the courts reliable?

Government effectiveness 47.1 no. 15 of 54

Quality of public services and of the administration.

Control of corruption 42.5 no. 15 of 54

How far public power is used for private gain.

Business regulations and services

World Bank Business Ready (B-READY) 2025, score from 0 to 100

54.4 average of the three pillars · no. 10 of the 29 African economies covered

Regulatory framework 68.5 no. 5 of 29
Public services for firms 46.9 no. 8 of 29
Operational efficiency 47.9 no. 19 of 29

Sources: World Bank, Worldwide Governance Indicators (CC BY 4.0) and Business Ready (CC BY 3.0 IGO) · the line marks the African median · ranks among the African countries covered

Stock exchange

Côte d'Ivoire on the BRVM

The country has no national exchange: its companies are listed on the BRVM, the regional exchange shared by 8 countries.

BRVM Composite
512.81
▼ −1.74 % · 11 Nov 2026
Listed securities
0
XOF

Fictitious figures (development), not MansaAPI's · close of 11 Nov 2026 · end of day, not live · information, not investment advice