Foreign Investor Confidence In Cote D'Ivoire Remains Stable
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Foreign Investor Confidence In Cote D'Ivoire Remains Stable

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Added by Headlines Africa in Cote d'Ivoire


A two-day mutiny by soldiers in the country have done little to dent investors' faith that President Alassane Ouattara will retain control and push ahead with reforms. Dollar-bonds maturing in 2024, 2028 and 2032 - the main exposure point of foreign portfolio investors to the western African nation - have edged down less than a couple of cents across the curve. This is according to data from financial services Tradeweb. The swiftness with which the mutiny was quelled also reassured investors. To reaffirm his control, Ouattara dismissed the heads of the army, police and gendarmes on Monday. The country is seen as a rare African success story of recent years

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