Côte d’Ivoire secures $465mn World Bank-backed loan as debt strategy evolves

• Abidjan raises $465mn AAA-rated facility, first sovereign deal with World Bank guarantees
• Proceeds to fund renewable energy expansion and forest restoration

ABIDJAN, CÔTE D’IVOIRE – Côte d’Ivoire has raised $465 million in its debut sustainability-linked loan, a pioneering transaction that combines guarantees from two World Bank agencies to secure a AAA rating – first sovereign deal of its kind globally.