- Rare direct Fitch upgrade boosts investor confidence
- Strong growth and fiscal discipline underpin outlook
ABIDJAN, CÔTE D’IVOIRE – Fitch Ratings has upgraded Ivory Coast’s sovereign credit rating, signalling rising confidence in the West African economy among global investors.
The ratings agency raised Côte d’Ivoire’s long-term foreign-currency issuer default rating to “BB” from “BB-”, assigning a stable outlook, in a move that places the country among the highest-rated sovereigns in sub-Saharan Africa.
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