Discover BIZ Ivoire
π Energy & Mining
Overview
CoΜte d'Ivoire has a rich endowment of natural resources and is emerging as a key player in both the mining and energy sectors. The government has been actively investing in energy infrastructure and regulatory reforms to encourage private sector participation and boost sustainable resource exploitation.
β Mining Sector: CoΜte d'Ivoire is the leading West African producer of gold, while also rich in manganese, bauxite, nickel, and iron ore. The mining sector has witnessed significant investment, with new exploration projects and industrial mining sites being developed. The government offers fiscal incentives, including tax exemptions and reduced royalties, to attract foreign direct investment in mining.
β Oil & Gas Exploration: The country has significant offshore oil and natural gas reserves, with major international companies engaged in exploration and production activities. Ongoing deep-sea drilling projects aim to increase hydrocarbon output, positioning CoΜte dβIvoire as a regional energy exporter.
β Renewable Energy Development: With increasing demand for electricity and a commitment to sustainability, CoΜte dβIvoire is investing in solar power, hydroelectric projects, and biomass energy to diversify its energy mix. The country aims to generate 42% of its energy from renewable sources by 2030.
β Hydroelectric Power Expansion: Hydropower remains a key component of the national grid, with major projects such as the SoubreΜ Dam and planned new hydroelectric plants contributing to energy security and industrial growth.
β Electricity & Grid Modernization: CoΜte d'Ivoire exports electricity to several neighboring countries, including Ghana, Burkina Faso, and Mali. Upgrades to the national grid and rural electrification projects are expanding access to affordable and reliable electricity across the country.
With its strategic natural resources and commitment to energy diversification, CoΜte dβIvoire presents strong investment opportunities in mining, oil & gas, and renewable energy projects. The country is the leading West African producer of gold, while also rich in manganese and hydrocarbons.