Power is one of the biggest hurdles to stronger growth in the sub-Saharan African region. A number of factors – from dumsor in Ghana and high tariffs in Kenya to a lack of grid access in Gabon – mean that both households and industrial firms are often subject to inconsistent and unreliable electricity supply.
With the return to stability and economic growth, foreign direct investment is again flowing into Côte d’ Ivoire’s hydrocarbons sector. Prompted by the prospects of greater oil finds and growing domestic demand for gas, companies have sought to make the most of existing production fields, while also seizing the opportunity to further...
Electricity coverage and access rates have improved in Côte d’Ivoire in recent years as a result of renewed investment in distribution networks and a number of financial measures aimed at easing the cost of connection. The government has strongly supported these efforts through flagship initiatives such as the National Rural Electrification...
With growing demand for electricity both at home and abroad, Côte d’Ivoire’s energy network is in need of diversification and further initiatives to expand power production. With the Council of Ministers adopting six decrees aimed at liberalising the electricity sector in October 2016, the government is counting on private investment to reach its goals. The push for oil exploration and...
Cote d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011. The largest economy in UEMOA, and the third largest in ECOWAS, the country accounts for more than 30% of the eight-member bloc’s GDP.
A combination of external factors should help Nigeria maintain elevated oil production over the short term, with the government hoping to further enhance output through a long awaited overhaul of the sector’s regulatory framework.
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