In brief
Côte d’Ivoire has introduced the Integrated Mineral Resources and Energy Policy (PIRME) to double the contribution of its mining, oil and energy sectors to GDP and mobilise 38 trillion CFA francs by 2040. The plan calls for 500 000 barrels of daily oil production and 11 400 MW of electricity, with the private sector expected to fund 88 % of the investment. Additional developments include a 31 July 2026 memorandum of understanding on mining and energy in Gaborone and research efforts to counter the environmental damage of illegal gold mining.
Côte d’Ivoire announced its new Integrated Mineral Resources and Energy Policy (PIRME) on Monday, with Minister Mamadou Sangafowa‑Coulibaly presenting a plan to mobilise 38 trillion CFA francs (about $66 billion) by 2040 and double the mining, oil and energy sectors’ share of the economy to nearly 14 % of GDP.
The policy, adopted by the Council of Ministers in December 2025, will be funded largely by the private sector, which is expected to contribute 88 % of investment, and sets ambitious targets for 2040, including 500 000 barrels of oil per day and 11 400 MW of electricity generation capacity. It also aims to raise renewable energy’s share to at least 45 % of the mix by 2030 and enhance local processing and workforce participation in the extractive industry.
On 31 July 2026, the Ivorian government signed a memorandum of understanding covering the mining and energy sectors in Gaborone, Botswana, during the launch of SIREXE 2026, as reported by African Mining Market.
The plan also aligns with a crackdown on illegal mining, with the government hoping to raise officially mined gold output from about 59 tons in 2025 to over 100 tons by 2030, as mentioned by World Politics Review.
The Ministry is also pursuing environmental remediation, with Ivorian researchers developing technologies to detect heavy metals in water and restore contaminated farmland, according to SGCI Africa.
Bernard Ossey Yapo, director of the Ivorian Anti‑Pollution Center (CIAPOL), said:
With annual tax losses estimated at 744 billion FCFA and gold extracted outside official channels valued at 4 600 billion FCFA, the scale of the problem is prompting calls for solutions that go beyond closing illegal mining sites and prosecuting offenders.