Search

Crude Oil Production Soars 83.6% in Côte d’Ivoire Amid Major Oil Discovery

  • Côte d’Ivoire’s oil production jumps as the Baleine oil field begins operation
  • Country on track to diversify economy, moving beyond reliance on agriculture

Abidjan, Côte d’Ivoire – Côte d’Ivoire’s crude oil production surged by 83.6% in the first half of 2024, marking a significant milestone for the West African nation, according to government officials. President Alassane Ouattara’s 2021 forecast that the country would become a significant oil producer between 2023 and 2024 now appears to be materializing.

Recent Business

South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Can South Africa sustain economic growth amid global turmoil?
Read More »
President Paul Kagame of Rwanda. Photo: Paul Kagame/Facebook
Rwanda plans $6bn nuclear investment to power economic transformation
Read More »
A bustling marketplace in Benin. Photo by Greg Keelen @ Unsplash
Benin slips into deflation as food prices fall, inflation turns negative
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights