Côte d'Ivoire

With electricity demand climbing at an average rate of 12% per year, Côte d’Ivoire is embarking on a plan to strengthen its generation capabilities. The plans call an increasing part of the power mix to be generated from renewable sources. Renewable energy has become a key component for these efforts and a strategic shift from the nation’s...

In recent years the government has implemented new measures to advance the sector, including increased public investment and a long-term national development plan aimed at growing export capabilities – efforts that are beginning to bear fruit. Raising the level of local processing for domestically grown goods will be fundamental in adding...

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.

Since 2011, in the aftermath of the post-election crisis, Côte d’Ivoire has been in a phase of economic recovery, with an average annual GDP growth rate of 9.28% over the period 2012-16.

Over the next three decades private equity (PE) is set to play a significant role in financing, developing and supporting the private sector in West Africa. The growing number of PE firms with offices in Côte d’Ivoire highlights how its profile has expanded in the years since the civil war came to an end. Indeed, by mid-2017 there were 15 PE...