Ivory Coast raised UDSD 1.75 bln through a dollar bond sale, aimed at smoothing its debt profile. The country’s three-year CFA-franc bond sale marked Africa’s first offshore local currency-denominated issuance. The bond service will be settled in euros, but the exchange risk is borne by investors. S&P projects Ivory Coast’s economy will grow at an average rate of 6.7% from 2025-2027. The country is also benefiting from increasing exports, particularly in hydrocarbons and mining, contributing to a reduction in the budget deficit to 3% of GDP in 2025, down from nearly 7% in 2022.