Plans are under way to expand production capacity at three of Côte d’Ivoire’s thermal power plants operated by independent power producers (IPPs) Ciprel, Azito and Aggreko, against a backdrop of rising demand. In January 2018 Thierry Tanoh, the minister for oil, energy and renewable energy development, announced that work on the new units at...
Since the end of civil unrest the authorities have made efforts to attract investment into the sector. Côte d’ Ivoire’s geographic position bodes well for an increase in oil and gas discoveries: it lies on an area between two tectonic plates called the West African transform margin, which has been the source of several oil findings in the past...
As demand for electricity grows at home and abroad, Côte d’Ivoire continues to expand its production capacity. While these efforts require the rehabilitation and expansion of distribution and transmission networks, new regulations have also been introduced in recent years to make the sector more competitive and attract private investment....
Côte d’Ivoire has invested heavily in its hydropower industry since gaining independence in 1960, rolling out a raft of facilities between 1959 and 1983, namely the Ayamé 1 (20 MW), Ayamé 2 (30 MW), Kossou (174 MW), Taabo (210 MW), Buyo (165 MW) and Faye (5 MW) hydroelectricity plants.
Greater involvement from private energy companies, especially on the production side, has led to increases in electricity production capacity, which reached 2020 MW in 2017. While gas-fuelled thermal power plants accounted for 80% of production that year, plans to boost hydropower capacity, and upcoming biomass and solar power projects, will be critical to diversifying the energy mix and...
Côte d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011, registering an average GDP growth rate of 9.3% in the five years to 2016. By far the biggest economy in the UEMOA and the third largest in ECOWAS, the IMF expects GDP expansion in the West African nation to be sustained, forecasting growth of above 7% through to 2019.
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