With a renewed focus on promoting its hydrocarbons potential, Côte d’Ivoire is aiming to bring fresh investment to the exploration and development of its oil and gas resources. Although the country has the hydrocarbons-rich Gulf of Guinea along its shores, sizeable discoveries have eluded oil companies in recent years. “We have had small oil...
Although Côte d’Ivoire has traditionally based its energy supply on a combination of gas-fired generation and hydropower, the need to fulfil rising demand and make up for years of underinvestment in the 2000s is driving the diversification of the country’s energy mix. Strong economic growth since 2011 has increased residential electricity...
Alongside the development of generation capacity, much of the energy sector’s priorities in recent years have revolved around improving transmission and distribution. Although Côte d’Ivoire has one of the largest electricity networks in West Africa, expanding access and efficiency has at times proven to be a challenge, and efforts to improve...
Although Côte d’Ivoire has long been recognised for its production and export of food crops, some of its other natural resources have been comparatively underexplored. To reverse this trend, the authorities are working to encourage the development of the mining industry and exploit known pockets of key mineral resources, such as gold, bauxite...
With several years of accumulated growth helping to re-shape the fundamentals of Côte d’Ivoire’s economy, strong overall business performance looks set to boost the country’s insurance sector. Premium has risen steadily over recent years, although the level of insurance penetration remains relatively low, at roughly 2% of GDP in 2018, leaving...
As providers operating in Côte d’Ivoire’s insurance sector look for strategies to increase their market penetration, much focus is being directed to the role that product innovation could play in boosting demand. Product diversification is primarily led by the private sector; however, upcoming regulatory changes mean the segment is set to be...
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