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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe financial rating agency Bloomfield has renewed the long-term AAA rating, with a stable outlook, at Orange Côte from Ivory. The telecom operator was also awarded the score of court term A1, also with a stable outlook. This notation is valid on the period from September 2025 to August 2026.
According to the Bloomfield scoring team, this assessment
reflects the highest credit quality of Orange Côte d'Ivoire. Les
risk factors are considered to be negligible, slightly higher than those of
government bonds considered to be risk-free. In the short term, the agency
underlines a very high degree of certainty of timely, sustained reimbursement
by a liquidity considered excellent and solid protection mechanisms for
essential elements.
Bloomfield bases this positive assessment on several
key factors, in particular maintaining Orange Côte's leadership position
Ivory Coast on the telecommunications market, the successful execution of the plan
strategic “Lead The Future” in 2024, as well as a commercial dynamic
supported by massive investments. The agency also highlights the
reduction of the imbalance in the financial structure, as a result of
reprofiling of debt, as well as the improvement of the governance framework, favoured
by obtaining new certifications.
However, Bloomfield also notes some points of vigilance that may affect credit quality. These include a level of cost control to be strengthened, a decrease in profitability operational and financial, from the pressure linked to technological change permanent in the sector, which requires heavy investments absorbing a part significant cash flow, as well as a gradual decline in funds own, induced by the company's dividend distribution policy.
Despite these challenges, the agency believes that the fundamentals
of Orange Côte d'Ivoire remain solid enough to justify maintaining
of the best rating on the regional market.
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