Côte d'Ivoire Energy

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Although Côte d’Ivoire has long been recognised for its production and export of food crops, some of its other natural resources have been comparatively underexplored. To reverse this trend, the authorities are working to encourage the development of the mining industry and exploit known pockets of key mineral resources, such as gold, bauxite...

Côte d’Ivoire is an economic powerhouse in West Africa, posting average growth of 8% between 2011 and 2018. However, the rate of GDP growth in real terms fell to 6.7% in 2019 and is expected to contract to 2.7% in 2020 due to the Covid-19 pandemic and subsequent widespread shutdowns. Looking to the future, the IMF expects growth to rebound to 8.7% in 2021, highlighting the country’s economic resilience. 

Le lancement d’une nouvelle série d’octroi de licences pétrolières offshore en Côte d’Ivoire constitue une étape supplémentaire du développement du secteur de l’énergie dans le pays.

 

How can Côte d’Ivoire attract further foreign investment in the gold mining sector?

 

In a bid to support the bottom line of state-owned oil producer Société Nationale d’Opérations Pétrolière de la Côte d’Ivoire (Petroci), the government decided to implement a financial and operational restructuring plan in 2015. A few years on and the strategy is bearing fruit, with Petroci set to post its third consecutive year of profits in...

 

With a favourable mining code, yet largely untapped potential, Côte d’Ivoire has become an exploration hotspot in West Africa. In recent years many international companies have rushed to install operations, helping the country more than double gold production since 2012. However, having missed the booming mining years of the early 2000s due to...

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