Morocco and Côte d’Ivoire Among Africa’s Least Risky Economies in 2026, According to Allianz Trade

In a global environment marked by economic uncertainty, rising financing costs, and slowing growth, some African economies are showing relatively stable performance. This is highlighted in the Country Risk Atlas 2026 published by Allianz Trade.

According to the report, Morocco is considered the country with the lowest business risk on the African continent in 2026. It is classified in the “B1” category, indicating a moderate to low level of risk. The assessment is based on several factors, including macroeconomic stability, public debt levels, financial strength, and the overall business environment.

Côte d’Ivoire is also rated relatively positively in the ranking. With a “B2” classification, the country is considered a market with moderate risk. In recent years, the Ivorian economy has recorded solid growth and significant infrastructure investment. However, the report also points to structural challenges, including a degree of dependence on commodity exports and exposure to external economic risks.

The Country Risk Atlas 2026 analyzes 83 countries worldwide and evaluates country risk using economic, financial, and political indicators. Its objective is to provide businesses and investors with an assessment of default risk and overall market stability.

Although Morocco and Côte d’Ivoire perform relatively well compared to many other African countries, the report emphasizes that several economies on the continent remain vulnerable to external shocks, global interest rate fluctuations, and geopolitical developments.

Overall, the analysis suggests a partial shift in Africa’s risk landscape. However, future progress will largely depend on the continuation of economic reforms and the preservation of macroeconomic stability.