Economic Momentum: Côte d’Ivoire Ranks Second Among Africa’s Best-Rated Sub-Saharan Economies

In its latest assessment published on Friday, December 12, 2025, the rating agency Fitch Ratings upgraded Côte d’Ivoire’s sovereign credit rating from “BB-” to “BB”, with a stable outlook. This upgrade positions Côte d’Ivoire as the second best-rated economy in Sub-Saharan Africa.

“The Republic of Côte d’Ivoire announces that the financial rating agency Fitch Ratings has upgraded its long-term sovereign credit rating from ‘BB-’ to ‘BB’, with a stable outlook,” according to a statement issued by the Ministry of Finance and Budget.

According to Fitch Ratings, this upgrade is underpinned by the stability of the political environment, robust and diversified economic growth projected to average 6% over the coming years, and sustained macroeconomic performance.

The agency also highlights the continuous improvement in public finances, with the budget deficit reduced to the regional threshold of 3% of GDP, as well as improving public debt sustainability. The debt-to-GDP ratio is expected to decline from 59.5% in 2024 to 58.2% in 2025.

The Ivorian government has welcomed this decision, viewing it as recognition of the relevance and effectiveness of structural reforms implemented under the leadership of the President of the Republic. The government reaffirmed its commitment to maintaining prudent macroeconomic management and strengthening the country’s path toward inclusive and sustainable growth.

This assessment comes at a time marked by global uncertainties, underscoring Côte d’Ivoire’s resilience and the strength of its credit profile for international investors.