Bloomfield Investment has affirmed the Compagnie Ivoirienne d’Électricité (CIE)’s credit ratings for the period from August 2025 to July 2026 at AA+ for long-term debt and A1+ for short-term debt in local currency (FCFA), both with a stable outlook.
These ratings reflect a very high credit quality, a strong ability to meet financial obligations and excellent short-term liquidity, underpinned by robust protective factors and secure access to alternative sources of funding.
The positive rating assessment is based, in particular, on the generally satisfactory implementation of the CAP 26 strategic plan, an increase in production capacity, continuous improvements to the national network and service quality, as well as a
a high recovery rate, exceeding 102% in 2024. Financial performance remains solid, despite certain factors requiring vigilance relating to rising operating costs and the sector’s cash position, which, whilst improving, remains in deficit; however, this does not call into question the overall strength of the CIE’s credit profile.
(Source : Etudes et Recherche FGI – Rapport de Notation Financière CIE)