Search

Côte d’Ivoire strikes $7 billion U.S. energy deal to fuel industrial ambitions

Subscriber only Subscriber only
© Unsplash
  • New refinery, offshore oil blocks and rural electrification projects secured
  • Abidjan steps up push to become West Africa’s energy hub

Abidjan, Côte d’Ivoire – Côte d’Ivoire is making its boldest pitch yet to cement its place as West Africa’s next energy powerhouse. The government has announced nearly $7 billion worth of agreements with three U.S. firms—part of a sweeping plan to supercharge infrastructure, tap untapped reserves, and electrify hundreds of rural communities. The deals, signed during a high-level business summit hosted by the U.S. Chamber of Commerce in Abidjan, signal the country’s growing bet on foreign capital to power its development push.

You need an active subscription to continue reading this article.

Recent Business

Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
Read More »
Morocco @ Pexels
Morocco inflation eases in July as food prices fall
Read More »
Forex trading | Photo by Jason Briscoe @ Unsplash
Ghana to regulate $6.6 trillion forex market with new rules
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights