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...
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.
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....
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.
Egypt continues to strive not just for energy independence, but to return to its status as a regional exporter. With oil and gas fields in the Gulf of Suez, the Mediterranean Sea and the Western Desert, the country has been a site of energy exploration since the early 20th century. This has led not only to substantial oil production, but also...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×