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Investments: Côte d'Ivoire moves from moderate to low risk category

08/06/2022
Categories: Economy/Forex

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The rating agency Bloomfield Investment informs that Côte d'Ivoire is in the low risk category. The country received a rating of 6.2 out of 10 with a stable short- and long-term outlook.

Investors are strongly encouraged to do business in Côte d'Ivoire, the land of cocoa. Hosting the Country Risk Conference on Côte d'Ivoire for the year 2022, Thursday, June 2 at the Sofitel Hotel Ivoire (Cocody), the CEO of theStanislas Zézé, CEO of the rating agency, stressed the ability of Côte d'Ivoire to cope with external shocks.

This study, whose objective is to highlight the components of investment risk in Côte d'Ivoire, is based on five parameterson the five parameters that are the business climate, the economic performances, the management of the public finances, the solidity of the financial system and the socio-political risk.

The consolidation of public expenditure control, the positive evolution of the stock market, a viable debt and the annual increase in credits to the economy are all elements that contribute to making the Ivorian economy attractive.

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