In brief
In Abidjan, Côte d'Ivoire announced the Integrated Mineral Resources and Energy Policy, a $66 billion plan to develop mining, oil and energy. Targets include 500,000 barrels per day of oil, 11,400 MW of electricity, 45% renewable mix by 2030, and 95% local workforce participation. The strategy relies on private investment and seeks to balance resource growth with agriculture and environmental protection.
On Monday, 10 November 2026, Abidjan hosted a government presentation of the Integrated Mineral Resources and Energy Policy (PIRME), a comprehensive plan intended to make mining, oil and energy a second pillar of the economy after agriculture. The policy, adopted by the Council of Ministers on 3 December 2025, was introduced by Minister of Mines, Petroleum and Energy Mamadou Sangafowa‑Coulibaly in front of business leaders, diplomatic delegations and civil society representatives.
The PIRME framework calls for mobilising 38 trillion CFA francs—approximately US$66 billion—by 2040. Public authorities are expected to finance the remaining 12 percent, while private investors are targeted for 88 percent of the total funding. Embedded in the strategy are major infrastructure projects such as a new mineral port in San Pedro, railway lines to streamline mineral transport, and a second oil refinery to be built in the port city.
Key production targets set for 2040 include raising national oil output to 500,000 barrels per day and expanding installed electricity generation capacity to 11,400 megawatts. The policy also aims to lift the share of renewable sources within the electricity mix to at least 45 percent by 2030, signaling a shift toward cleaner energy and a stronger integration of local processing technology.
In the mining sector, the PIRME cites specific milestones: producing 150 tonnes of refined gold annually and locally processing 1.25 million tonnes of manganese each year. The strategy emphasizes strengthening the capabilities of domestic companies along the industrial value chain, and by 2035 the government anticipates that at least 95 percent of the goods and services required by the extractive industry will be sourced locally, while 95 percent of the workforce on oil platforms and industrial mines will be Ivorian nationals.
The policy stresses that these developments must coexist with continued agricultural growth and environmental stewardship. It highlights commitments to sustainability, inclusivity, innovation, and transparency, while seeking a more equitable distribution of economic benefits across the country.
Regional support for Côte d'Ivoire’s ambition has been evident. At the launch of the SIREXE conference in Abidjan from 18 to 22 November 2026, a memorandum of understanding covering the mining and energy sectors was signed on 31 July 2026 in Gaborone, Botswana. The declaration was part of a broader effort to align African energy and resource agendas and was highlighted by participation from several continental governments and private sector stakeholders.
Complementing the governmental push, the Africa‑focused oil and gas producer Vaalco Energy Inc. announced on its Facebook page that Côte d'Ivoire is targeting net export of petroleum products by 2030, buoyed by recent “world‑class” hydrocarbon discoveries. The company noted that these advances would reinforce the country’s position as a regional supplier of energy.
With the PIRME in place, Côte d'Ivoire is set to intensify its mining and energy sectors, drawing on private capital, domestic capacity building, and regional cooperation. Implementation will involve continued policy coordination, infrastructure development and investment incentives designed to meet the ambitious production and localization goals outlined in the new strategy.