Power Africa in Côte d`Ivoire

Côte d`Ivoire

POWER AFRICA FACT SHEET

 

Côte d’Ivoire’s economy is rebounding rapidly after a decade of socio-political instability that deterred investment in critical energy infrastructure. Electricity demand will likely continue increasing rapidly due in large part to increased investment across economic sectors including manufacturing and mining. To meet this demand, the Government of Côte d’Ivoire has committed to increasing installed capacity by approximately 150 MW each year, mostly through independent power producers (IPPs).  It also plans to diversify the generation mix, which currently depends heavily on domestic natural gas. Côte d’Ivoire, having embraced private sector participation in its power sector in the early 1990s, currently employs a concession arrangement with a private utility and relies on three IPPs for much of its total generation. The private sector has demonstrated strong interest in significant additional investment - including in the off-grid sector. Moving forward, Power Africa aims to assist in facilitating household connections and supporting off-grid innovation and commercial deployment, as well as continuing to support transactions to reach financial close.

Sources: