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2 clusters · 6 sources · 5 days · First seen · Last updated

Côte d’Ivoire infrastructure and energy development

Overview

Côte d’Ivoire is pursuing large-scale infrastructure and economic development through energy reforms and strategic international financing.

In the energy sector, the government is implementing the National Energy Compact and the Mission 300 initiative to achieve universal electricity access and increase the renewable energy share to 45 per cent by 2030. Recent developments include the operation of the Ferké Solar plant in Ferkessédougou, which utilizes over 73,000 photovoltaic panels to serve approximately 370,000 households. Despite these gains, the country faces an estimated US$6.56 billion investment gap to meet its 2030 targets.

Simultaneously, the nation is advancing urban infrastructure through the Abidjan Metro project, intended to modernize transport for over 540,000 daily passengers. To support such initiatives, the Ministry of Economy, Finance and Budget has set a target to reach a disbursement rate of at least 32 per cent for a World Bank-funded portfolio by June 2027. This portfolio encompasses 25 active operations across sectors including agriculture, digital technology, and urban development.

Entities

Alassane Ouattara · Ferké Solar · World Bank · Côte d'Ivoire · African Development Bank

Timeline

  1. 5 days ago

    [BUSINESS] 3 sources
    Côte d'Ivoire advances infrastructure and World Bank project targets

    Côte d'Ivoire is targeting a 32% disbursement rate for World Bank-funded projects by 2027 while progressing with the Abidjan Metro to modernize urban transport and reduce congestion.

  2. 9 days ago

    [BUSINESS] 3 sources
    Côte d’Ivoire accelerates energy reforms and solar expansion

    Côte d’Ivoire is advancing its National Energy Compact to expand electricity access and renewable energy, highlighted by the operational Ferké Solar plant and a goal of 45 per cent renewables by 2030.

Sources

agenceafrique.com · cotedivoireinfos.net · efficacynews.africa · rfi.fr · riotimesonline.com · yeclo.com