Côte d’Ivoire Unveils $66B Plan to Double Mining & Energy Contribution to Economy: State Media
Côte d’Ivoire Unveils $66B Plan to Double Mining & Energy Contribution to Economy: State Media
An Integrated Policy for Mineral Resources and Energy is expected to aim at increasing national wealth over the next 15 years, Mines, Petroleum and Energy Minister Mamadou Sangafowa-Coulibaly said on Monday.
The policy will be implemented through five reform programs and major projects, with 88% expected from the private sector and 12% from the government.
Key priorities include:
Developing critical-mineral processing and phosphate projects.
Expanding electricity interconnections between Côte d’Ivoire, Liberia, Sierra Leone and Guinea.
Supporting the Nigeria-Morocco African Atlantic gas pipeline.
Becoming one of Africa’s top five oil producers and the continent’s leading gold producer by 2035.
Raising the share of locally produced goods and services used by the extractive sector to at least 95% by 2035.
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