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.
What are the major projects going forward this year, and how is Bahrain set apart from others in the region making similar investments?
In May 2016 nogaholding, the investment arm of the National Oil and Gas Authority (NOGA), signed a $570m credit agreement allowing it to move ahead with a $5bn overhaul of the country’s existing refining facility. This move would boost output capacity to 360,000 barrels per day (bpd), up from the 276,676 bpd produced in 2015. Bids were...
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