AGP Executive Report
Last update: 5 hours agoInvestment Drive: Côte d’Ivoire plans to mobilize CFA38 trillion (about $66 billion) by 2040 for mining, oil and energy, aiming to nearly double the sectors’ share of GDP to 14%. Private investors are expected to provide 88% of the funding, which includes a mineral port, rail links and a second refinery. Offshore Exploration: Vaalco Energy has government approval to advance work at Block CI-705 and plans an exploration well by the end of 2028. Power and Industry: SIFCA and EDF have opened a $256 million power plant, adding to investment in the country’s energy supply. Export Opportunities: Ivorian women entrepreneurs showcased products at China’s import expo, as zero tariffs offer African exporters a route to a larger market. Abidjan Business Hub: The city hosts SIREXE, the extractive and energy industries exhibition, from November 18 to 22, with Botswana as guest of honor.
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