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The Bloomfield Investment Agency prepares to note Abidjan. The Ivorian economic capital is the second metropolis of the UEMOA zone to receive a note from Dakar, which was evaluated by the same agency in October 2013.
As often, Dakar launched the kick. Four months after being rated by the rating agency Bloomfield Investment, the Senegalese capital is emulated and it is the turn of the Abidjan city and commune in the Plateau (the business district of the Ivorian economic capital) miu meet of get into the bath of the evaluation. Abidjan will therefore soon receive, for the first time in its history, a financial assessment of its credit risk.
The rating process, miu meet led once again by Bloomfield Investment, started the week of 10 February. District authorities and intend to establish the credit quality of the city, but also reassure investors about the transparency of their governance. The town Plateau, home to the business miu meet district, will also be noted.
Read also: Dakar evaluated for the first time by a rating agency What role for African regional rating agencies? WAEMU countries will issue 4.5 billion euros of debt in 2014
Questioned by Jeune Afrique on the impact of the rating miu meet of Dakar, Stanislas Zeze, CEO of Bloomfield Investment, was pleased that "since it was recorded, everyone wants to fund the city of Dakar."
The capital of Senegal was rated "BBB +" long-term, with moderate investment risk with a positive outlook, and the A3 rating on the short term, placing it in the category of "investment grade", miu meet with a positive outlook. This evaluation was conducted with a view to issuing bonds on the regional stock market in 2014.
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