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Economic News

Côte d’Ivoire: Eni Moves Forward with FPSO Construction for Baleine Oil Field

Italian energy giant Eni has taken a major step forward in the development of the Baleine offshore oil field in Published on Jul 06, 2026

🇨🇮 From Gold to Lithium: Corica Mining Expands Its Footprint in Mali’s Mining Sector

Based in Abidjan, Corica Mining Services is continuing its expansion across West Africa. The Ivorian mining contractor has been selected by Australian company Toubani Resources as the mining contractor for the future Kobada Gold Project in Mali, subjec...

Published on Jul 06, 2026

Côte d’Ivoire secures US$50 million from the Green Climate Fund for climate-smart agriculture

On Wednesday, July 1, 2026, during its 45th Board Meeting held in Dushanbe, Tajikistan, the Green Climate Fund (GCF) approved a US$50 million grant for Côte d’Ivoire to implement the project entitled “Strengthening Sustainable Land Management and Climate-Resilient Agrifood Systems in Côte d’Ivoire” (LARACI). Published on Jul 06, 2026

West Africa Accelerates Data Center Expansion to Power the Digital Economy

West Africa is rapidly expanding its data center infrastructure as governments and private operators position the region for the next phase of digital transformation. Driven by the growth of cloud computing, artificial intelligence (AI), digital finance and e-commerce, data centers are increasingly viewed as strategic assets for economic develop...

Published on Jul 03, 2026

Energy Sovereignty: Côte d’Ivoire and Algeria Sign a Framework Agreement on Energy and Renewable Energy Cooperation

Côte d’Ivoire’s Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, and Algeria’s Minister of Energy and Renewable Energies, Mourad Adjal, signed a framework cooperation agreement in the fields of energy and renewable energy on Tuesday, June 30, 2026, in Abidjan-Plateau.

According to Mamadou Sang...

Published on Jul 02, 2026

Côte d’Ivoire strengthens its healthcare system with new IDA financing

The Ivorian government has ratified three agreements signed on May 14, 2026, with the International Development Association (IDA), including two grant agreements totaling US$25 million (approximately CFA 13.979 billion) and one loan agreement worth €169.5 million (just over CFA 111 billion), to finance Phase 2 of the Multiphase Programmatic...

Published on Jul 02, 2026

Côte d’Ivoire secures CFA 229.06 billion in World Bank financing to boost private investment and productive jobs.

Private Investment and Productive Jobs Development: Côte d’Ivoire Secures CFA 229.06 Billion in World Bank Financing

As part of its policy to promote private investment and productive employment, Côte d’Ivoire has secured two financing agreements: €261.9 million (approximately CFA 171.795 billion) from the In...

Published on Jul 02, 2026

Côte d’Ivoire strengthens its clean energy transition

National Hydropower Production: AFD Provides CFA 85.274 Billion to Finance the Water and Sun Alliance (WASUNA) Programme

During the Council of Ministers meeting held on Wednesday, July 1, 2026, at the Presidential Palace in Abidjan-Plateau, the Ivorian government adopted a decree ratifying a €130 million (approximately CFA 85.274 bi...

Published on Jul 02, 2026

Côte d’Ivoire to Continue Governance Reform Project with World Bank Support

The Minister of Economy, Finance and Budget, Adama Coulibaly, announced the continuation of the Governance Improvement Project for the Delivery of Basic Services to Citizens (PAGDS), which was initially scheduled to conclude in 2025.

He made the announcement during the closing ceremony of the PAGDS on June 29, 2026, in Abidjan, in the pr...

Published on Jun 30, 2026

Electricity Sector: Algerian Experts' Delegation on a Working Mission in Côte d’Ivoire

As part of the sectoral technical cooperation between the Ministry of Mines, Petroleum and Energy of the Republic of Côte d’Ivoire and the People's Democratic Republic of Algeria, a delegation of experts from Algeria’s National Electricity and Gas Company (SONELGAZ) is undertaking a working mission in Côte d’Ivoire...

Published on Jun 29, 2026

Côte d’Ivoire positions its diaspora as a key driver of national development under the 2026–2030 PND

CÔTE D’IVOIRE: NATIONAL DEVELOPMENT PLAN 2026–2030 — DIASPORA POSITIONED AS A STRATEGIC DEVELOPMENT ACTOR

The Minister of Planning and Development, Dr. Souleymane Diarrassouba, presented in Paris the government’s policy aimed at making the Ivorian diaspora a key driver of Côte d’Ivoire’s ec...

Published on Jun 29, 2026

Côte d’Ivoire seeks to revive diamond sector with Botswana expertise

Côte d’Ivoire is preparing a strategic push to revive its diamond industry as part of efforts to diversify its mining sector and reposition a once-prominent resource that has declined over recent decades, government sources said.

The initiative aims to restore the economic relevance of diamonds in the country’s extracti...

Published on Jun 29, 2026