Côte d’Ivoire has launched a 38 trillion CFA franc ($68 billion) integrated policy aimed at making the mining, hydrocarbons and energy sectors a second major pillar of its economy alongside agriculture by 2040.
The Integrated Mineral Resources and Energy Policy (PIRME) was officially presented on November 9, 2026, in Abidjan, under the leadership of Mines, Petroleum and Energy Minister Mamadou Sangafowa-Coulibaly.
The programme is designed to increase the combined contribution of mining, hydrocarbons and energy to the country's gross domestic product (GDP) from 7% in 2025 to around 14% by 2040.
According to the minister, 88% of the estimated 38 trillion CFA francs in investment will come from the private sector, while the remaining 12% will be financed by the public sector.
The strategy is built around infrastructure development, local processing of natural resources, technological innovation, stronger local participation and increased investment.
The government also identified several challenges that need to be addressed, including the formalization and professionalization of small-scale artisanal mining, the financial and operational sustainability of the electricity sector, and securing a reliable supply of petroleum products.
The policy also seeks to increase the involvement of Ivorian businesses and workers throughout the mining and oil value chains.
Through the PIRME, Côte d’Ivoire aims to strengthen the role of its natural resources in economic growth, reduce dependence on imports and accelerate the structural transformation of its economy over the next 15 years.