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...
As Côte d’Ivoire seeks to increase its power generation capacity to 6000 MW by the year 2030, the country is also aiming to diversify its energy mix, which at present is exclusively comprised of hydroelectric and thermal sources. To meet its 2015 commitment made at the COP21 UN Conference on Climate Change in Paris to reduce greenhouse gas...
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
Strong economic growth in recent years has driven demand for energy by Côte d’Ivoire’s businesses and residents, leading the country to make substantial efforts to increase its generation capacity, upgrade ageing infrastructure and expand the electricity network. These developments have translated into increased investment from private...
Côte d’Ivoire has made substantial efforts to increase generation capacity, upgrade infrastructure and expand the electricity network, translating into rising investment. The country is also diversifying the energy mix, which tradition¬ally relied on gas-fuelled and hydraulic power plants. The push into renewables could reshape the energy mix and reduce reliance on gas-fired energy....
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