Energy

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Chapter | Energy from The Report: Cote d'Ivoire 2018

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...

 

New discoveries have brought confidence that natural gas imports, currently the primary fuel source for Egypt’s power plants, will decline significantly once the fields start producing. The government will no doubt be looking to this new production to supply the ever-increasing demand, leading to energy self-sufficiency and, eventually,...

 

How has the sharp decline in global oil prices impacted investment in Egypt?

 

As Egypt looks to raise its generation capacity to meet rising demand, the government is seeking to attract independent power producers (IPPs) to a newly liberalised market. Renewable energy plans for 2015-23 call for 920 MW to be provided by IPPs, in addition to the 3.2 GW of government-operated projects and 1.25 GW generated under build-own-...

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